There is a big project approaching, and you’re delegating all aspects. It would be best if you had everything to run smoothly, from ensuring you have the materials necessary to handling suppliers and employees. It’s no different for construction fences, and you need to know when you should buy or rent construction fences. There are multiple factors to consider, which is why TMP Fence is here with these five key points.
TIME AND WORKFORCE
Ownership means you’ll be responsible for all aspects. Transportation of fences to storage and job sites, installing and dismantling construction fences, and necessary equipment such as a forklift driver and several other elements go into owning construction panels. Whereas if you rent construction fences, everything will be handled by us.
STORAGE OF CONSTRUCTION FENCES
When you buy construction fences, you need a place to keep them once you’ve completed the job. The more you purchase, the more dedicated space is required to store them. If you have considerable-sized jobs, you’ll need a lot of fences and therefore a lot of dedicated space when not in use.
Not only is storage a key factor, but the type of storage is just as important to consider. Ideally, you’ll want a secure area away from all-weather elements to keep them in their best condition.
FREQUENCY AND DURATION OF CONSTRUCTION PROJECTS
Are your jobs smaller with shorter time frames? It may be wiser to rent construction fences. You’ll need to consider the cost over time and decide which is more economical.
Do your plans require construction fences for approximately two years? You may want to consider buying instead. Buying construction fences may be a more cost-effective option if you need them consistently or for multiple projects running overtime.
If you plan on moving construction fences from site to site, you’ll also need to consider what kind of fencing you purchase. There are fences better built for multiple relocations, so make sure you know what you need. Buying the proper construction fence will ensure your investment was sound. Naturally, there are instances where there is not enough cash flow for the project, making renting more economical.
CONSTRUCTION FENCE CONVENIENCE
Arguably, one of the most significant advantages to owning construction fences is their availability to you. Fence rentals deal with peak construction seasons and can face inventory shortages. If you had your supply of construction fences, this might not be a concern for you. Owning construction fences means you’re also not bound to time constraints from fence rentals.
That being said, if you require extra construction fence panels for jobs, you may have a more challenging time obtaining them. Not only that, but now you’re responsible for coordinating your supply but ensuring the temporary fence rental is handled too, which can lead to significant headaches and may leave you asking if it was all worth it. You need to ask yourself what sounds more convenient, handling every aspect and ensuring it runs smoothly or allowing fence rentals to save you the extra work involved.
FINANCIAL MEANS
Last but certainly not least, your financial means play a crucial part in your decision to buy or rent construction fences. You need to consider if you have the capital to make a significant investment and can maintain it. The upfront cost for a large number of construction fences is substantial, so renting is best if you have a limited budget.
SO, SHOULD YOU BUY OR RENT CONSTRUCTION FENCES?
If you’re still trying to decide whether to buy or rent construction fences, keep these critical factors in mind, finances, time and workforce, storage, and the job’s duration. Always be sure to consult with the sales representative before finalizing your decision. The team at TMP Fence is here to help and will give you the best recommendation based on your needs. Give us a call today, 416-835-7557.
