Business What are the Realistic Benefits of Plant Hire in Construction Posted on June 11, 2018 8 min read 0 2,219 If you are in the construction business, then you probably know how expensive and costly it is to buy all the construction equipment upfront. So, most of the constructions companies today prefer opting for Plant Hire or Equipment Hire services for construction projects. The plant or equipment hire services allow you to hire any required construction equipment for a stipulated time period and pay charges for renting it. This saves you from investing upfront on construction equipment. You are no longer required to purchase or have all the expensive construction equipment as with such plant rental services you can get the required equipment on rent which is the feasible and most affordable option today. Benefits Why a Construction Company Must Go For A Plant Rental #1. Avoiding Huge Expenses Upfront If you are a new construction company that has started recently, then chances are you may have lower equipment budgets. You also lack in having all the expensive equipments required for construction. There are many specialized types of equipment required for construction and having all these equipments is not only expensive but also involves lots of hassles in their maintenance. So, by opting for Plant Hire services you can avoid these huge expenses upfront. You can rent any required construction equipments for a stipulated time frame and pay the rent every month for the equipments which are both affordable and feasible option for a new start-up company. #2. Free from Maintenance The construction equipments are machines which tend to wear and tear after daily usages and hence it may demand regular maintenance and repairing. The cost of maintenance and repairing of these equipments is quite higher and for a start-up, it won’t be possible to manage the maintenance and repair bills. So, to avoid all these hassles of maintenance and repairing, construction companies may opt for the Plant Hire services. In the Plant Rental, you are now obliged to bear the repairing or maintenance bills as the rental company will take care of it when the equipment malfunctions or stops working. READ Shantanu Prakash highlights future for ed-tech in Indian education system#3. Free from Reselling The construction equipments tend to lose its value once it is out of the showroom. It is estimated that the overall value of the equipment is reduced by 30% once it is out on road. The used machinery has lesser value in the market. So, reselling of the equipments won’t give you the desired amount that you are looking for. So, avoid the issue of reselling and opt for the Plant Hire services which are the best option today in the construction industry. You are not required to worry about the depreciation of the machinery or any maintenance cost. #4. Equipping the Team with the Right Machinery There are different construction projects and for each project the requirement is different. Your team may require different equipments and tools for specific projects. So, having all the right equipments for construction is not possible for a construction company, especially if it is a new start-up. So, in such situations, the Plant Hire services come to their rescue. With such services they can opt for the right equipments and tools required for the specific projects and equip their team so that the project can be completed within the deadline and in the desired way of the clients. Purchasing machinery always is not a feasible option. It can be daunting and expensive for a construction company. So, what they can do is to hire the plant or machinery required for the project for a specific time and returns it back when the project is over. This will save both your time and money and allow you to complete the project precisely and timely.
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