Learn about actual and potential costs
How much should I pay for Modular Building Rental?
What is the average price of Modular Building Rental?
This procurement report includes pricing information to help you purchase Modular Building Rental. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Modular Building Rental been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Modular Building Rental yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Modular Building Rental?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Modular Building Rental with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
Among the estimated 300 providers of modular building rental, the top four players account for 30.0% to 50.0% of total market revenue, signaling a moderate level of concentration. Competitors range from national companies to multiregional and small independent businesses. Although the largest companies generate a significant portion of the market's... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Costs & Terms
What services does your fee proposal include and exclude?
Who is responsible for site preparation and what are the associated costs?
What is the cost of setup and installation?
Do you provide electrical wiring and plumbing hookup?
Does your company notify me when the end of the lease term is near?
Do you automatically renew contracts at the end of the lease term if a cancellation is not submitted in writing? If so, how far in advance must a cancellation notice be submitted?
Amid widespread health concerns, what contingency plans are in place to mitigate the risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions or waiving late payment fees?
Do your customer service representatives offer help and advice on permits and regulations related to modular building rentals?
What do you do to track customer satisfaction?
What is the rate of lease renewal among your customers?
Has there been any litigation against your company in the past, or is there presently? If so, what was it regarding and what was the outcome?
How are you maintaining a high level of customer support in light of the coronavirus outbreak?
Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle increased or reduced demand?
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Key elements for every RFP
What should my RFP include?
Vendors should include the base rental rate for each trailer.
Vendors should include an itemized price list for all requested customizations.
Vendors should include an itemized price list for all other costs for which buyers are responsible (i.e. installation, utilities, shipping, maintenance, etc.).
Vendors should list any improvement allowances or concessions offered (i.e. free month of rent), as well as any limitations on these values.
Buyers should evaluate each trailer based on its rental rate and other costs.
Buyers should evaluate the overall quality of the trailer (i.e. its type, amenities, features, age).
Buyers should evaluate vendors' ability to meet their service requirements.
Buyers should evaluate vendors' experience and financial performances.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include the date when proposals are due and any other relevant dates (e.g. trailer inspections) prior to the contract award.
Buyers should list the date by which the trailer must be delivered and installed.
Evaluate major factors to mitigate risk
How risky is the supply chain?
There is an overall moderate degree of supply chain risk in the modular building rental market. Examples of goods and services purchased by modular building rental vendors include modular units, computers and transportation services. The providers of these goods and services purchase goods from steel manufacturers, sawmills, computer manufacturers and... Subscribe to learn more.