Crane rentals are a common practice in construction, infrastructure development, and other industries that require heavy lifting capabilities.
When planning a project that involves crane usage, understanding the crane rental rates per hour is crucial for budgeting and making informed decisions.
This article delves into the factors that influence crane rental rates, the different pricing models, and key considerations to keep in mind.
Read too: Excavator Rental Prices per Day
Factors Influencing Crane Rental Rates
- Crane Type and Capacity: Crane rental rates depend on the type and capacity of the crane needed for the project. Different crane types, such as mobile cranes, tower cranes, or crawler cranes, come with varying capabilities and features, affecting their rental costs. Higher-capacity cranes typically command higher hourly rates due to their increased lifting capacity and versatility.
- Duration of Rental: The length of the rental period plays a significant role in determining the hourly rate. Rental companies often offer discounted rates for longer-term rentals. Shorter rental durations may have higher hourly rates to compensate for setup and transportation costs.
- Geographical Location: Crane rental rates can vary based on the location of the project. Rates tend to be higher in densely populated urban areas compared to rural or less competitive markets. Factors such as local regulations, demand, and availability of cranes in the region also influence pricing.
- Accessories and Attachments: The inclusion of accessories and attachments, such as jibs, counterweights, or specialized lifting equipment, can impact the rental rate. Additional equipment may incur extra charges, increasing the hourly rate accordingly.
- Operator and Support Personnel: Crane rentals often include the cost of an operator and support personnel. Skilled and certified operators are essential for safe crane operation, and their expertise is reflected in the rental rate. Depending on the project’s complexity, additional support personnel, such as riggers or signalers, may be required, adding to the hourly cost.
Pricing Models for Crane Rentals
- Fixed Hourly Rate: Some crane rental companies have a fixed hourly rate for their equipment, which remains constant regardless of the rental duration. This model simplifies budgeting and provides transparency in cost estimation.
- Tiered Pricing: In this model, the hourly rate decreases as the rental duration increases. Rental companies may offer different price tiers based on rental periods (e.g., 4-8 hours, 8-12 hours, 12+ hours), encouraging longer-term rentals.
- Project-Specific Pricing: For complex or specialized projects, rental companies may provide custom pricing based on the project’s unique requirements. This pricing model considers factors like project duration, crane specifications, site conditions, and additional services.
Considerations When Renting Cranes
- Plan Ahead: To secure the desired crane and obtain favorable rates, it is advisable to book the crane well in advance. Last-minute rentals may have limited availability and potentially higher costs.
- Safety and Insurance: Ensure that the rental company maintains its equipment to industry standards and provides appropriate insurance coverage. Safety should always be a priority when operating cranes, and compliance with safety protocols is essential.
- Operator Qualifications: Verify that the crane rental company provides certified and experienced operators. Skilled operators ensure efficient and safe crane operation, reducing the risk of accidents and project delays.
- Equipment Maintenance: Ask about the maintenance and inspection records of the crane. Well-maintained equipment reduces the likelihood of breakdowns and associated downtime.
Published Crane Rental Rates (Per Hour)
| Type | Make/Model | ST | OT | DT | Daily Min |
|---|---|---|---|---|---|
| Crawler Cranes – 110 Ton | Kobelco CK1100G | $480 | $580 | $680 | 8 hours |
| Crawler Cranes – 200 Ton | Liebherr LR1160 | $520 | $620 | $670 | 8 hours |
| Crawler Cranes – 275 Ton | Liebherr LR1200 SX | $595 | $695 | $745 | 8 hours |
| Crawler Cranes – 330 Ton | Liebherr LR1300 SX | $690 | $790 | $840 | 8 hours |
| Crawler Cranes – 440 Ton | Manitowoc 16000 | $880 | $980 | $1,030 | 8 hours |
| Crawler Cranes – 716 Ton | Manitowoc MLC650 | $1,840 | $1,940 | $1,990 | 8 hours |
| Crawler Cranes – 771 Ton | Manitowoc MLC650 Max | $2,080 | $2,180 | $2,230 | 8 hours |
| Drafter | $175 | $225 | $275 | 8 hours | |
| Engineer | $230 | $280 | $330 | 8 hours | |
| Flag Person | $160 | $210 | $260 | 8 hours | |
| Hydraulic Crane – 100 Ton (1 man) | Link-Belt HTC 86100 | $390 | $440 | $490 | 4 hours |
| Hydraulic Crane – 100 Ton (2 man) | Link-Belt HTC 86100 | $545 | $645 | $745 | 8 hours |
| Hydraulic Crane – 110 Ton (1 man) | Grove TMS9000E | $410 | $460 | $510 | 4 hours |
| Hydraulic Crane – 110 Ton (2 man) | Grove TMS9000E | $565 | $665 | $765 | 8 hours |
| Hydraulic Crane – 149 Ton AT (2 man) | Terex AC140 | $655 | $755 | $855 | 8 hours |
| Hydraulic Crane – 200 Ton AT (2 man) | Liebherr LTM1160 | $680 | $780 | $880 | 8 hours |
| Hydraulic Crane – 23 Ton | Terex BT2307 | $265 | $315 | $365 | 4 hours |
| Hydraulic Crane – 25 Ton | National 1300 | $280 | $330 | $380 | 4 hours |
| Hydraulic Crane – 265 Ton AT (2 man) | Liebherr LTM1220 | $705 | $805 | $905 | 8 hours |
| Hydraulic Crane – 350 Ton AT (2 man) | Grove GMK6350 | $905 | $1,005 | $1,105 | 8 hours |
| Hydraulic Crane – 40 Ton | Terex T340-1XL | $300 | $350 | $400 | 4 hours |
| Hydraulic Crane – 500 Ton AT (2 man) | Liebherr LTM1400 | $1,285 | $1,385 | $1,485 | 8 hours |
| Hydraulic Crane – 550 Ton AT (2 man) | Grove GMK7550 | $1,380 | $1,480 | $1,580 | 8 hours |
| Hydraulic Crane – 600 Ton AT (2 man) | Demag AC500 | $1,500 | $1,600 | $1,700 | 8 hours |
| Hydraulic Crane – 80 Ton (1 man) | Link-Belt HTC 8675II | $355 | $405 | $455 | 4 hours |
| Hydraulic Crane – 80 Ton (2 man) | Link-Belt HTC 8675II | $510 | $610 | $710 | 8 hours |
| IW Foreman | $200 | $250 | $300 | 8 hours | |
| IW Journeyman | $180 | $230 | $280 | 8 hours | |
| Project Manager | $230 | $280 | $330 | 8 hours | |
| Qualified Signal Person | $175 | $225 | $275 | 8 hours | |
| Rough Terrain Cranes – 100 Ton | Tadano GR-1000XL | $340 | $390 | $440 | 8 hours |
| Rough Terrain Cranes – 110 Ton | Terex Quadstar 1100 | $370 | $420 | $470 | 8 hours |
| Rough Terrain Cranes – 130 Ton | Grove RT9130E | $460 | $510 | $560 | 8 hours |
| Rough Terrain Cranes – 15 Ton | Tadano TR-150XL | $235 | $285 | $335 | 8 hours |
| Rough Terrain Cranes – 160 Ton | Tadano GR-1600XL | $540 | $590 | $640 | 8 hours |
| Rough Terrain Cranes – 30 Ton | Terex RT-230 | $245 | $295 | $345 | 8 hours |
| Rough Terrain Cranes – 45 Ton | Terex RT 345 | $265 | $315 | $365 | 8 hours |
| Rough Terrain Cranes – 55 Ton | Tadano GR-550XL | $295 | $345 | $395 | 8 hours |
| Rough Terrain Cranes – 80 Ton | Terex RT 780 | $310 | $360 | $410 | 8 hours |
| Rough Terrain Cranes – 90 Ton | Link-Belt RTC-8090 | $320 | $370 | $420 | 8 hours |
| Safety Person | $230 | $280 | $330 | 8 hours | |
| Trucking – 3 Axle 5 Ton | $200 | $250 | $300 | 4 hours | |
| Trucking – 5 Axle Flatbed | $225 | $275 | $325 | 4 hours | |
| Trucking – 5 Axle Lowbed | $235 | $285 | $335 | 4 hours | |
| Trucking – 5 Axle Stepdeck | $235 | $285 | $335 | 4 hours | |
| Trucking – 7 Axle Lowbed | $310 | $360 | $410 | 4 hours | |
| Trucking – 9 Axle Lowbed | $370 | $420 | $470 | 4 hours |
Emergency Crane Rental Rates (Per Hour)
| Type | Rates | Daily Min |
|---|---|---|
| 100 Ton Hydraulic Truck Crane | $770 | 8 hours |
| 265 Ton All Terrain Crane | $930 | 8 hours |
| 350 Ton All Terrain Crane | $1,125 | 8 hours |
| 5 Axle Tractor & Trailer | $350 | 8 hours |
| 500 Ton All Terrain Crane | $1,510 | 8 hours |
| 80 Ton Hydraulic Truck Crane | $735 | 8 hours |
| IW Foreman with Gear Truck | $315 | 8 hours |
| IW Journeyman | $285 | 8 hours |
| Project Manager | $345 | 8 hours |
Conclusion
Understanding crane rental rates per hour is vital for accurate project budgeting and cost management.
Factors such as crane type, duration of rental, geographical location, accessories, and operator costs influence the hourly rates.
Read too: 10 Backhoe Loader Leasing Companies
By considering these factors and selecting a suitable pricing model, project managers can make informed decisions when renting cranes.
Prioritizing safety, planning ahead, and assessing equipment maintenance and operator qualifications are crucial for a successful crane rental experience.
FAQ
How much does it cost to rent a 20 ton mobile crane?
The cost to rent a 20-ton mobile crane can vary depending on several factors, including the duration of the rental, the location, and any additional services required. Generally, the rental rates for cranes are calculated on a daily, weekly, or monthly basis.
As of my knowledge cutoff date in September 2021, the rental cost for a 20-ton mobile crane typically ranged from $200 to $500 per hour. However, it’s important to note that prices can vary significantly based on location and market conditions. Additionally, there may be additional charges for transportation, setup, operator fees, insurance, and any specialized attachments or accessories required.
To get accurate and up-to-date pricing, it is recommended to contact local crane rental companies in your area and discuss your specific requirements with them. They can provide you with detailed quotes based on the specifics of your project.
How much is a 600 ton crane Liebherr?
The cost of a 600-ton crane from Liebherr can vary depending on several factors, such as the specific model, configuration, optional features, and any additional equipment or accessories included. Additionally, market conditions, location, and other factors can influence the price.
As of my knowledge cutoff date in September 2021, the price range for a Liebherr 600-ton crane was typically several million dollars. However, it’s important to note that this is a general estimate, and the actual price can be higher or lower depending on the factors mentioned above.
For an accurate and up-to-date price quote for a specific Liebherr 600-ton crane model, it is recommended to contact authorized Liebherr dealers or distributors. They can provide you with detailed pricing information based on your specific requirements and location.
How much is a mobile crane?
The cost of a mobile crane can vary significantly depending on various factors such as the capacity, reach, features, brand, and market conditions. Mobile cranes come in a range of sizes and capacities, which can affect their prices.
As a rough estimate, smaller mobile cranes with lower lifting capacities, such as 20-50 ton models, can range in price from around $100,000 to $500,000. Mid-range mobile cranes with lifting capacities between 50-200 tons can range from $500,000 to $1.5 million. Larger mobile cranes with lifting capacities of 200 tons or more can range from $1.5 million to several million dollars.
It’s important to note that these are general price ranges and can vary based on the specific brand, model, optional features, and market conditions. Additionally, additional costs such as transportation, setup, operator fees, and maintenance should also be considered.
To get a more accurate and up-to-date price for a specific mobile crane model, it is recommended to contact crane manufacturers or authorized dealers. They can provide you with detailed pricing information based on your specific requirements.