Equipment rental pricing terms

1. Price inclusive/ exclusive

On rentin.vn, we post price with below interpretations:

Fixed amount

       Posted fixed amount includes:

  • Mobilization/demobilization within distance of 30km from Rentin’s base and vice versa. Mobilization/demobilization includes relevant transportation, crane or forklift loading/unloading, necessary lashing, fastening, packing.
  • Setting up for the equipment to be ready for functioning at worksite. Setting up include post transportation inspection, mantle, and mocking test.
  • Equipment rental service rate for the first 01 day.

       Posted fixed amount NOT includes:

  • Extra transportation charge for distance over 30 km
  • Standby rental duration exceeding 01 day extra transportation.

Service Daily Rate

       Posted Daily Rate includes:

  • Rental Daily Rate includes equipment set and mentioned accessories, consumable spare parts for routine preventive maintenance, lube oil, coolant and hydraulic oil for routine replacement.
  • Rental Daily Rate also includes trained manpower required just enough to maintain and operate the equipment.

        Posted Daily Rate NOT includes:

  • Rental Daily Rate does not include for gas, fuel, water, steam, electricity, light, heat, or power, or other utility service to be used on or in connection with the Equipment for daily operating.
  • Extra personnel

       Service Daily Rate is applicable for Service Period, but excludes the first 01 day in Fixed Amount.

       Generally, equipment will be working 8hrs per service day.

Unit of time

       All duration (service period, shipping time, standby period, rental period) will be counted in DAY unit.

       Minimum rental duration, if any, is mentioned in specific terms of equipment information on rentin.vn.

2. Extra charge

Beside fixed amount and day rental charge, additional amount for over 30 km and equipment standby during transportation will be charged:

  • Over 30 km charge follow table rate in Shipping Time and Shipping Charge
  • Standby rate is 70% of quoted Rental Daily Rate.

Note: Extra transportation period excludes time for early 30 km.

In case, client requests extra personnel, or partial mob/demob of personnel and equipment, applicable cost for mob or demob plus transportation fee will be charged for such kind of requests during invoicing.

3. Standby rate

For equipment, standby rental daily rate: = 70% of working rental daily rate.

For personnel, standby daily rate: = 70% of working daily rate.

4. Taxes and fees by regulations

Most of Rentin’s clients are enterprises. All paid services will be invoiced.

Posted price is including all applicable taxes and fees by regulations in Service Order, including: VAT, environment fee, and others (where applicable). Otherwise, we will quote them separately.

5. Loyalty discount

On rentin.vn, Rentin posts rental Daily Rate, which is applicable for short rental duration.

With B2B approach, enterprise and individual utilizing our service at high volume will be entitled with volume discount:

  • Monthly daily rate is lower than daily rate.
  • Coupon cash amount is entitled on cumulative volume.

Discounted rate and amount will be discussed during Service Order finalization, and it may vary according to client’s and rentin’s opinion from time to time.

6. Loss of asset

Generally, CLIENT shall be responsible for any loss of the Equipment from any cause at all, whether or not insured, from the acceptance date of Equipment. If asset is lost or damaged when being operated at client worksite due to failure of client or client’s contractors client to pay endeavor to prevent incident, client will be responsible.

In case of loss, client shall assist Rentin to recover the loss of asset as much as possible. Replacement value is mentioned for resolution in case of total loss of asset.

7. Warranty deposit, bank warranty

Client shall pay Warranty Deposit or Bank Warranty before service or delivery to be commenced.

Normally, amount of required warranty deposit or bank warranty is at estimated at mentioned Fixed Amount.

Waiver of Service warranty deposit or bank warranty is subject to Rentin’s discretion case by case according to longer relationship and client creditability.

8. Other

Other than the above-mentioned, service price is on negotiable basis until Service Order is finalized.

Terms on final Service Order shall prevail that on rentin.vn.