Tips to Save Money on Construction Equipment in Dubai

Dubai is a prosperous city in the UAE that showcases a spectacular skyline. This includes its sophisticated skyscrapers and high-rise apartments. Moreover, the country is driven by a vision to expand its economy beyond oil and gas reserves. This has resulted in double efforts towards its infrastructural development. In short, the construction sector in the city is booming.

A discourse of the construction sector is incomplete without speaking of construction equipment. This equipment streamlines projects and improves operational efficiency. Also, equipment like cranes, excavators, and bulldozers ensure precision in construction leading to high standards that are highly desirable to meet Dubai’s image as a sophisticated city.

However, construction equipment suppliers in Dubai could appear to be expensive at first look. The crux of the following sections is a detailed insight into tips that save money on construction equipment in Dubai.

Get Versatile Equipment

Versatile equipment means that single equipment can handle multiple tasks. According to a report published in the International Journal of Construction Management such multipurpose machinery improves job site productivity by 30%. Such productivity increase means savings.

Meanwhile, there is no need to purchase or rent multiple specialized machines. This gets converted to a reduction in overall project cost.

For instance, take a multipurpose machinery like a backhoe loader. It can handle various tasks from excavation to handling materials. Thus the need for multiple machinery to handle such individual tasks is made redundant.

The outcome of getting such machinery from construction equipment rental Dubai is a project completed within the deadline and the budget.

Rent Instead of Buy

Renting versus buying is a choice that confuses many project managers when approaching construction equipment suppliers in Dubai. Indeed renting is the most cost-effective way, especially if the purpose is a short-term project or an infrequent use.

Renting saves money in the following ways:

• It saves the project from the burden of an initial upfront cost which can be huge.
• Renting also takes away the need for maintenance which is costly. In the event of buying, maintenance is needed even in times of inactivity. Meanwhile renting places the responsibility of maintenance over the equipment supplier.
• It is also worth mentioning that construction projects have diverse requirements. Renting equipment offers flexibility in choices to meet these needs. So the cost spent on purchasing multiple equipment can be saved. Moreover, it provides access to state-of-the-art technologies on a pay-per-use basis.

However, if the project volumes are high it is okay to depend on buying given that enough equipment options are explored and experimented with through renting. This will further save unnecessary expenses spent on useless equipment fleet.

Ensure Regular Maintenance

Check with the construction equipment suppliers in Dubai to see if the machines are regularly maintained. This reduces the chances for downtimes which in turn ensures that the project is completed on budget.

Here, consider looking for an equipment supplier with certifications for adhering to industry standards in equipment maintenance. Local and international certifications could help. In case you wish to take an extra leap, pay in-person visits to the garage of the supplier. This will give a detailed insight into the maintenance procedures taken up by the supplier.

This also avoids the chances for liability, if any, in case of equipment malfunction.

Consider Suppliers with a Reliable Equipment Fleet

This ensures that the construction equipment rental Dubai can deliver replacements whenever a machine needs repair. Thus potential downtimes can be avoided. As is obvious it can impact the productivity and timely completion of projects without exceeding budget.

Opt for Energy Efficient Models

A report by the U.S. Department of Energy shows that energy-efficient equipment reduces fuel costs by up to 25%. Other than that it causes lesser emissions leading to a project that aligns with the UAEs sustainability mission. From an economic perspective, this can lead to compliance and avoid chances for potential penalties from Dubai’s local governing bodies.

Ask for Loyalty Discounts

To begin with, try to maintain long-term relationships with construction equipment suppliers in Dubai. This could get you in a position to negotiate discounts as loyalty benefits. Reputed suppliers who value customer relationships will give into such negotiations on reasonable terms.

Choose Bundle Rentals for Discounts

Getting multiple construction equipment from the same rental company gives space to negotiate bundle discounts. Indeed reputed suppliers from time and again give offers for such bundle deals.

According to a report by the Equipment Leasing & Finance Association savings in this direction can be up to 25%.

Not only does this approach save money but also simplifies the entire process by getting construction equipment from a single supplier.

Save Money with Off-Peak Rentals

Studies have shown that renting during off-peak times reduces costs by up to 20%. This is because companies tend to reduce their prices during less busy times. Given that the project is flexible, such opportunities are worth exploring.

Compare Rental Rates

Ask for quotes from a couple of construction equipment suppliers. Look into the value offered by each of them. In this direction consider using online comparison tools. This can be leveraged to further negotiate with equipment suppliers. Narrow on a supplier who gives the best value for money.

A survey by Statista shows that 75% of construction firms save up to 20% by comparing rental rates.

Carefully Read Rental Agreements

Hidden costs are something that could impact the project budget off guard. So make it a priority to revise rental agreements to avoid any expenses that exceed budget. This is also crucial to narrow down the most cost-effective construction equipment supplier.

Choose the Right Equipment

Indeed this should be considered with priority, which is why it is kept aside for the end for special attention. Begin with a thorough evaluation of the project requirements. Jot it down on a piece of paper and look for equipment that aligns with this requirement.

Such a thoughtful consideration before making the purchase can save time on equipment selection. Moreover, it ensures the productivity of the construction project with maximum utility. It also eliminates unnecessary expenses on incompatible equipment.

So far we have had insights into effective tips to save money on construction equipment. From a broader perspective this essential tip has to deal with selecting the right construction equipment suppliers in Dubai. Now it is your turn to make this choice and save a considerable amount through monetary savings and productivity improvements.

In this direction, the equipment supplied and offered by BOB Cranes will be an ideal choice. Reach out to us to discuss your equipment needs.