Indiana § 8-23-14-1 Rates

Indiana Statutes

§ 8-23-14-1 — Rates

Indiana·Art. 23 INDIANA DEPARTMENT OF·Ch. 14 Rental of Highway Equipment

The department is prohibited from renting
equipment for its use when the total cost of the proposed rental over the
anticipated period of use of the equipment exceeds the original cost of
the equipment to be rented. The rent to be paid by the department shall
not exceed the figures listed in the most recent issue of "Compilation
of Rental Rates for Construction Equipment" as prepared and
distributed by the Associated Equipment Distributors. This section
does not preclude the department from renting equipment fully
operated or from agreeing to pay the operators of the equipment rented
and agreeing to pay for the gasoline, fuel oil, or repairs during the
rental period, in addition to the rent for the use of any equipment.

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The department is prohibited from renting
equipment for its use when the total cost of the proposed rental over the
anticipated period of use of the equipment exceeds the original cost of
the equipment to be rented. The rent to be paid by the department shall
not exceed the figures listed in the most recent issue of "Compilation
of Rental Rates for Construction Equipment" as prepared and
distributed by the Associated Equipment Distributors. This section
does not preclude the department from renting equipment fully
operated or from agreeing to pay the operators of the equipment rented
and agreeing to pay for the gasoline, fuel oil, or repairs during the
rental period, in addition to the rent for the use of any equipment.

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