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In the menu tree, navigate to Smart Materials > MSCM > P.30 Inquiry.
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Double-click P.30.11 Inquiries.
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Select an inquiry of type Subcontract with unapproved quote summaries.
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Click Commercial Evaluation.
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On the Quote Summaries tab, double-click any bidder.
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On P.30.22 Commercial Evaluation: Window 2, select the Equipment Rates tab.
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In the Rate Type column, use the List of values to select a value from P.10.39 Rate Types (Equipment Owned and Equipment Rented rate groups).
For more information about rate types, see Procurement setup details.
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Continue to fill out the record by entering equipment mobilize/demobilize costs and per hour, day, week, and month costs.
For equipment rented for less than a month, the usual approach is to use an hourly rate developed by dividing the Blue Book monthly equipment rental rate by 176.