Heavy Equipment Rental Quotation Example [Edit & Download]
Quotation Number: HERQ-2025-078
Date: February 12, 2025
Rental Company Information:
Name: Titan Heavy Equipment Rentals
Address: 750 Industrial Park, Construction Zone, CZ 89012
Contact Information: Phone: (555) 987-6543, Email: rentals@titanheavyequip.com
Client Information:
Name: Alpha Construction Ltd.
Address: 300 Builder Street, Project City, PC 45678
Contact Information: Phone: (555) 123-7890, Email: procurement@alphaconstruction.com
Rental Equipment Details:
Equipment: Caterpillar 320 Excavator
Quantity: 2 units
Specifications: 22-ton capacity, hydraulic system, fuel-efficient engine
Additional Accessories: Standard digging bucket, operator’s manual
Rental Period:
Start Date: March 1, 2025
End Date: March 30, 2025
Pricing Details:
- Rental Rate: $4,500 per unit per month
- Total Equipment Cost: $9,000 (for 2 units)
- Delivery & Pickup Charges: $500
- Security Deposit: $3,000 (refundable upon equipment return in proper condition)
- Maintenance & Servicing Fee: $750 per month
- Total Initial Payment: $13,250 (first month’s rent + security deposit + delivery + maintenance fee)
Terms and Conditions:
- Full payment is required before equipment dispatch.
- Equipment must be used for authorized construction purposes only.
- Any damages beyond normal wear and tear will be charged to the client.
- The client is responsible for fuel and daily maintenance.
- Late return incurs a charge of $150 per day.
- Early termination requires a 7-day notice, and a termination fee of one week’s rent applies.
Expiration Date:
This quotation is valid until February 25, 2025.