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Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
Typically, trailers need to be equipped with telephone lines and electrical power. Lavatories are usually provided for separately. They are often skid-mounted, on trailers, or put on piles. Construction trailers are often manufactured using traditional stick-frame construction. Intermodal containers are also being converted into construction ...
Through its lobbying efforts, the company changed DC's debarment process, lifting the restrictions and making it more difficult for the District to sanction contractors. [2] In 2014, DC's Office of the Inspector General found that Fort Myer Construction received below market rates for leasing the D.C. government's equipment.
In the UK Crane Rental industry in the UK, which is one of the most highly developed crane rental industries in the world, special regulations for health and safety and rental procedures are in place. These are maintained as the CPA regulations. [1] In Europe, European Rental Association is the trade body representing the equipment rental industry.
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The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
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