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Can I just hire equipment when I need it? Like people, the CDB recognises that it is sometimes good business practice to hire equipment when needed rather than purchase it forthright. For this reason, it will consider a contractor's capacity to hire equipment when assessing it's capabilities. However, only documented cases of past hires will be considered. In other words, you will need to provide the CDB with documentation that proves you hired the equipment in the past. The documentation can be old lease agreements or challans that clearly show your name or the name of your firm and the type of the equipment hired. For this reason, the CDB strongly recommends that all contractors maintain detailed records of all equipment hired or leased. |
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