We understand institutional construction spans a wide range of projects. From hospitals to schools to jailhouses, your firm’s needs for equipment rentals is probably as vast as its project list.
BigRentz has a wide selection of equipment that can be used in institutional construction projects. For example, if you need an excavator to clean up an area before laying the foundation for a new hospital, we all have types and sizes available for rent. Or if you need to access a multi-story building and move materials up, you can rent a manlift. In addition to offering the equipment rentals, we handle the backend logistics of communicating with the supplier and ensuring your delivery and pickup is on time. When you outsource your rentals to us, it frees up your time to focus on the other important project details.
Institutional construction refers to the construction of public buildings, such as hospitals, schools, and recreational centers. These structures are subject to stricter regulations than residential buildings. Also, they must be flexible enough to respond to the changing needs of their users and the emergence of new trends and technologies.
The Dodge Momentum Index showed that the institutional construction market grew by 8.2 percent month over month in February 2018. This Institutional sector has been gaining strength over the past few years because of an increase in the number of transportation terminals, healthcare facilities, schools, and recreational facilities constructed. According to ConstructConnect, institutional construction activities is expected to experience a growth rate of 4.3 percent in 2019, making it the third most promising sector in the construction industry.
An institutional construction project requires the expertise of architects, engineers, contractors, construction workers, carpenters, welders, electricians, plumbers, and other construction-related professionals. However, since institutional buildings can vary significantly in terms of function, structure, and design, many of these professionals need to have extensive experience and specialized knowledge in designing or constructing the particular type of structure.
Some of the latest trends impacting the institutional construction sector include the availability of new building materials, 3D printing, data-driven decision-making, and the concept-to-completion approach. While these advancements can help institutional builders increase productivity, reduce construction spending, and create higher-quality structures, they may pose new challenges, such as shortages of skilled workers, technology adaption, sustainability concerns, and compliance with new regulations.
Institutional construction requires the same types of equipment as other forms of construction. However, depending on the function, components, and design of the structure, it may also involve the use of specialized equipment. The following is a list of equipment used in an institutional construction project.
Since equipment requirements for institutional construction may vary considerably from one project to another, many builders find it financially sensible to rent instead of buying some of the equipment they need. For instance, it may not be worthwhile to purchase a manlift because many institutional buildings are low-rise. Renting enables builders to reduce their capital expenditures and invest their funds in other profitable opportunities.
Also, institutional buildings may have to undergo modifications to accommodate future technological changes. These modifications may require the most advanced construction equipment. Builders that buy their own equipment will be stuck with the same equipment, capabilities, and features for years. On the other hand, design-build firms that choose to rent will have access to the latest equipment and technologies, allowing them to remain competitive when construction equipment advances.
Among the other reasons why institutional builders should rent their construction equipment are the following:
Since they are meant to serve the public, an institutional building must be flawlessly constructed. They require higher-quality materials and workmanship than other types of construction. To ensure that your institutional construction project will meet the highest quality standards, you need to have the finest and most advanced construction equipment. Search our equipment to find the rentals you need for your next project.