Equipment Rental Agreement Template

EQUIPMENT RENTAL AGREEMENT

This Equipment Rental Agreement is made between Owner Name of HeavyLift Equipment Rentals (the Owner) and Greg Sullivan of Sullivan Site Works LLC (the Renter) for the rental of the equipment described below.

Parties

Owner: Owner Name, HeavyLift Equipment Rentals, 3400 Industrial Parkway, Houston, TX 77032

Renter: Greg Sullivan, Sullivan Site Works LLC, 780 Construction Way, Houston, TX 77045

1. Leased Equipment

The Owner rents to the Renter the following equipment: Caterpillar 320 hydraulic excavator (Serial No. SN-4482-XR-2021). The Renter acknowledges receiving the equipment in good working condition.

2. Rental Rate & Period

The rental rate is $1,800.00 per week for a rental period of 4 weeks, running from August 10, 2026 to September 7, 2026. Rent is due in advance and is non-refundable for early return.

3. Delivery & Return

The Owner will deliver and pick up the equipment at the Renter's job site. The Renter shall return the equipment on September 7, 2026 in the same condition as received, ordinary wear and tear excepted, or pay overdue rental at the daily rate.

4. Security Deposit

The Renter shall pay a refundable security deposit of $9,000.00 refundable deposit, which the Owner may apply against unpaid rent, cleaning, repair, or replacement costs.

5. Maintenance & Damage

Maintenance responsibility: The Renter is responsible for routine daily maintenance and refueling.. Damage liability: The Renter is liable for all damage beyond normal wear and tear. The Renter is liable for loss or damage from misuse or negligence.

6. Insurance

Contractor must maintain active professional liability insurance of at least $1M. The Renter shall name the Owner as an additional insured and provide a certificate of insurance before the equipment is released.

Signatures

Owner: HeavyLift Equipment Rentals (Authorized Agent)

Renter: Greg Sullivan