A backhoe is a type of excavating equipment that uses a bucket attached to a hinged boom for digging. Some applications this mechanical equipment is used for include digging footings and basements. It’s also used to demolish concrete and maintain slopes. Many companies use Backhoe Rental in Baltimore MD to perform these applications since this equipment is expensive. When renting a backhoe, it’s a good idea to know what to expect before you sign an equipment rental contract. While every business has its own contracts, most contracts have the same features.
A rental agreement for Backhoe Rental in Baltimore MD will list the equipment being rented, the company that owns the equipment, and the party renting the backhoe. The full names and addresses of both parties will be listed on this contract. The lessor is the company that owns the equipment and the lesser is the party renting the backhoe. The specifications of the backhoe will be detailed including its make, model, and serial number. A contract will also describe identifying characteristics and give the approximate cash value of the backhoe.
An equipment rental contract for a backhoe will have rental terms. These terms usually can have a fixed end date which means the rental equipment will be returned on a specific date. A rental term can also have a set number of days, weeks, months, or years. Some renters will use a rental agreement that automatically renews itself until the equipment is not needed anymore. This gives the renter the flexibility of not being locked into a set number of days, weeks, months, or years.
Some rental agreements require a damage deposit that will be refunded upon the return and inspection of the backhoe. A backhoe rental agreement will stipulate if there is a down payment and how much the renter will pay every week, month, or year. The expense of delivering the backhoe will be covered in the rental agreement also. Finally, features such as warranty, loss and damage to equipment, and repair of equipment will be addressed in a rental agreement.
Rending a backhoe from a company like Slaymaker Rental and Supply can save a company the expense of having to buy costly equipment. This can free up capital to invest in other lucrative investments. Know what to expect from a rental agreement before you start looking for one to use.
