Construction Heavy Equipment
Construction heavy equipment goes by other terms: engineering vehicles, earth movers, heavy equipment or just plain equipment. These are machines designed with a specific purpose and that is to peform civil engineering and construction engineering tasks.
Many industries benefit from the use of these types of equipment. The construction industry is a no-brainer. Other industries include: waste management, mining, military engineering and agriculture.
Special tires are also required for the various types of work these machines do. These fall into three categories. Load and carry type machinery is meant to transport and dig. Transport is used to simply move earth. And lastly, work machinery is are slow-moving and designed to push or transport large amounts of earth from one place to the other.
These tires can make up a considerable cost to the overall expense of a construction project, so great care must be taken when considering how to prevent excessive wear or damage.
The biggest distinction from a cost standpoint is if a repair is classified as a major repair or a minor repair. Major repairs can change the depreciable value of construction heavy equipment due to an extension in service life while a minor repair is normal maintenance.
From an accounting standpoint, major repairs are charged to the equipment and minor repairs are charged to the job. It is advantageous for projects to classify all repairs as major while the equipment department will desire to classify all repairs as “minor” and charge the work to a job.
It is good business practice to keep accurate records concerning the utilization, repairs and maintenance of all equipment used on construction projects. The two main categories of equipment cost is ownership cost and operating cost.
The top 10 manufacturers of construction heavy equipment are:
- Caterpillar Inc.
- Komatsu
- Terex
- CNH Global
- Volvo Construction Equipment
- Deere & Company
- Doosan Group
- Hitachi Construction Machinery
- Bell Equipment
Tags: Construction, Engineering Vehicles, Heavy Equipment, Machinery
Filed under: Construction, Heavy Equipment
