Equipment downtime costs the average construction company $1,900 per hour in lost productivity, missed milestones, and emergency repair premiums. A single excavator breakdown on a critical-path activity can delay a project by days and trigger liquidated damages worth more than the repair itself.
Yet 62% of small and mid-size contractors have no formal maintenance tracking system. Reactive maintenance costs 3–5x more per hour of equipment use than preventive maintenance, according to the Equipment Leasing and Finance Foundation.
EQUIPMENT MASTER RECORD
Asset #: ___________ Description: ___________________________ Make/Model: ___________________________ Year: ___________ Serial #: ___________________________ Hours at Purchase: ___________
Acquisition: Purchase date: ___________ | Price: $___________ | New ☐ Used ☐ | Hours at purchase: ___________ Financing: ☐ Cash ☐ Financed — lender: ___________________________ | Monthly: $___________
Warranty: Powertrain: _____ months/hrs | Hydraulic: _____ months/hrs | Extended: _____ expires: ___________
Insurance: Policy #: ___________ | Carrier: ___________________________ | Annual premium: $___________
Attachments:
|
Item |
Serial # |
Purchase Date |
Value |
|
|
_________________ |
_________________ |
_________ |
$________ |
PREVENTIVE MAINTENANCE SCHEDULE Equipment: ___________________________ Asset #: ___________ Starting Hours: ___________
DAILY (Before Each Use): Engine oil ☐ | Coolant ☐ | Hydraulic fluid ☐ | Fuel ☐ | Belts/hoses ☐ | Tires/tracks ☐ | Lights ☐ | Brakes ☐ | Leaks ☐ | Attachment ☐
50-hour: Engine oil + filter | grease all fittings | inspect cutting edges
100-hour: All 50-hr items + fuel filter inspection | hydraulic filter check | battery terminals
250-hour: All 100-hr items + fuel filter change | hydraulic fluid sample | final drive oil check | undercarriage inspection
500-hour: All 250-hr items + hydraulic fluid change | final drive oil change | cylinder rod seals | cutting edge measurement
1,000-hour (Major): Full cooling system flush | hydraulic system flush | undercarriage replacement evaluation | engine valve adjustment | turbocharger inspection
PM Service Log:
|
Date |
Hours |
Service Type |
Work Performed |
Cost |
Performed By |
Next Due |
|
_________ |
_______ |
_________ |
_________________ |
$________ |
_________________ |
_____ hrs |
|
_________ |
_______ |
_________ |
_________________ |
$________ |
_________________ |
_____ hrs |
DAILY PRE-OPERATION INSPECTION LOG Equipment: ___________________________ Site: ___________________________
|
Date |
Operator |
Hrs Start |
Hrs End |
Oil |
Coolant |
Hyd |
Fuel |
Tires |
Leaks |
Lights |
Brakes |
Pass/Fail |
Notes |
|
_________ |
_________ |
______ |
______ |
☐OK |
☐OK |
☐OK |
☐OK |
☐OK |
☐None |
☐OK |
☐OK |
☐P ☐F |
_______ |
|
_________ |
_________ |
______ |
______ |
☐OK |
☐OK |
☐OK |
☐OK |
☐OK |
☐None |
☐OK |
☐OK |
☐P ☐F |
_______ |
Failed inspection: Tag "OUT OF SERVICE — DO NOT OPERATE" → notify superintendent → complete repair request.
REPAIR AND SERVICE LOG
|
Date |
Hours |
Problem |
Repair Performed |
Parts (Cost) |
Labor Hrs |
Labor Cost |
Total |
Downtime Days |
Repaired By |
|
_________ |
______ |
_________________ |
_________________ |
$________ |
______ |
$________ |
$________ |
______ |
_________________ |
|
_________ |
______ |
_________________ |
_________________ |
$________ |
______ |
$________ |
$________ |
______ |
_________________ |
Cumulative: PM costs: $__________ | Repair costs: $__________ | Total downtime: _____ days | Total hours: ___________
OWNERSHIP COSTS (fixed):
|
https://www.notion.so/Guide-Publishing-Blogs-on-Hubspot-and-Medium-294d9d2c49708061ac1cec1fbeb007e1 Item |
Annual Amount |
|
Depreciation (purchase price ÷ useful life) |
$________ |
|
Loan / lease payments |
$________ |
|
Insurance |
$________ |
|
Registration / licensing |
$________ |
|
Total Ownership Cost |
$________ |
OPERATING COSTS (variable):
|
Item |
Annual Amount |
|
Fuel |
$________ |
|
Oil, filters, grease |
$________ |
|
Tires / tracks (annual wear) |
$________ |
|
Repairs (3-year avg) |
$________ |
|
Total Operating Cost |
$________ |
CPH = (Ownership + Operating) ÷ Annual Hours = $________/hour
Use this as your internal charge rate when costing equipment to jobs.
[SVG table: Excavator — 250 hr oil, 500 hr hydraulic, 1,000 hr major | Skid steer — same | Wheel loader — 250/1,000/2,000 | Pickup — 5,000–7,500 mi oil, 30,000 mi major | Generator — 100–150 hr oil, 500 hr annual | Air compressor — 3 months/300 hr oil, annual major]
Always verify intervals in the manufacturer's operation and maintenance manual.
[SVG grouped bar: Mid-size excavator, annual — PM cost $3,200 / Reactive cost $11,400 | PM downtime 3 days / Reactive downtime 18 days — PM saves $8,200/yr + 15 downtime days]
Preventive maintenance costs $3,200/year vs. $11,400 reactive. Reactive also carries 20–40% emergency repair premiums and rental costs during downtime.
|
Equipment |
Daily |
Weekly |
Monthly |
Annual |
|
Generator |
Oil level, fuel |
Run under load |
Oil + filter |
Plugs, carb, full service |
|
Air compressor |
Oil level, drain tank |
Filter clean |
Oil change |
Valves, belts, full service |
|
Plate compactor |
Belts, engine oil |
Clean air filter |
Oil change |
Full service |
|
Concrete mixer |
Drum wash, gear oil |
Inspect drum fins |
Lube bearings |
Full drive inspection |
|
Extension cords |
Visual for damage |
Plug check |
— |
Replace if damaged |
Replace when:
Expected service life: Excavator 10,000–12,000 hrs | Skid steer 5,000–7,000 hrs | Loader 10,000–15,000 hrs | Pickup 200,000–250,000 miles
|
Asset # |
Equipment |
Current Hours |
Last PM |
Next PM Due |
Status |
Notes |
|
________ |
_________________ |
_______ |
_________ |
_______ hrs |
☐ Active ☐ Down |
_________________ |
|
________ |
_________________ |
_______ |
_________ |
_______ hrs |
☐ Active ☐ Down |
_________________ |
Fleet totals: Total assets: _____ | Active: _____ | Down: _____ | PM overdue: _____ | Repair spend YTD: $___________
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