2023 OPS 127 Rates Now Published

Topic: News
Published: May 2023

The 127 rental rates have been published on the Ontario Provincial Standards (OPS) website.

This specification covers equipment rental rate compensation for work on a Time and Material Basis. The calculated rate represents the cost of owning and operating the equipment and is made up of direct and indirect costs such as fuel, oil, lubrication, field repairs, overhaul, depreciation, financing, storage, insurance, overhead, and profit.

The specification can be found on the MTO Technical Publications website under the Ontario Provincial Standards tab and searching for “127”.