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Machinery Hire Agreement
"I need a Machinery Hire Agreement for renting out three excavators to construction companies in Auckland, with flexible hire periods and an option for the hirer to purchase the equipment after 12 months."
1. Parties: Identifies and provides full details of the owner/hiror and the hirer, including legal names, company numbers, and addresses
2. Background: Brief context explaining the purpose of the agreement and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Hire Terms: Specifies the duration of hire, commencement date, and any renewal provisions
5. Hire Charges: Details the hire rates, payment terms, deposit requirements, and any additional charges
6. Delivery and Collection: Specifies arrangements for delivery, installation, and collection of the machinery
7. Use of Equipment: Sets out permitted use, operational requirements, and any restrictions on use
8. Maintenance and Repairs: Allocates responsibility for maintenance, repairs, and replacement of parts
9. Risk and Insurance: Addresses risk allocation, insurance requirements, and liability provisions
10. Health and Safety: Outlines health and safety obligations and compliance requirements
11. Termination: Specifies circumstances for termination and the consequences
12. General Provisions: Standard boilerplate clauses including governing law, dispute resolution, and notices
1. Operator Requirements: Required when the machinery needs specific qualifications or training for operation
2. Sub-hiring: Include when sub-hiring of equipment may be permitted under certain conditions
3. Purchase Option: Include when offering the hirer an option to purchase the machinery
4. Multiple Location Use: Required when machinery may be used at different locations
5. Fuel and Consumables: Include when machinery requires specific fuel or consumables
6. Environmental Compliance: Required for machinery that may have environmental impacts
7. Export Restrictions: Include when machinery might be used internationally
8. Software License: Required when machinery includes proprietary software
1. Schedule 1 - Equipment Specifications: Detailed description of machinery including make, model, serial numbers, and condition
2. Schedule 2 - Hire Rates and Charges: Comprehensive breakdown of all applicable rates, charges, and payment terms
3. Schedule 3 - Maintenance Schedule: Required maintenance intervals and procedures
4. Schedule 4 - Operating Instructions: Safety procedures and operating instructions for the machinery
5. Schedule 5 - Condition Report: Detailed report of machinery condition at commencement of hire
6. Appendix A - Insurance Requirements: Specific insurance requirements and minimum coverage levels
7. Appendix B - Required Qualifications: List of required operator qualifications and certifications
Authors
Construction
Manufacturing
Agriculture
Mining
Infrastructure
Transportation
Warehousing
Forestry
Civil Engineering
Property Development
Industrial Services
Waste Management
Operations
Procurement
Legal
Risk Management
Health and Safety
Finance
Project Management
Asset Management
Facilities Management
Commercial Operations
Maintenance
Logistics
Operations Manager
Project Manager
Site Supervisor
Equipment Manager
Fleet Manager
Procurement Manager
Contract Administrator
Risk Manager
Health and Safety Officer
Commercial Manager
Legal Counsel
Financial Controller
Maintenance Manager
Logistics Coordinator
Facilities Manager
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