SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Cost plant and equipment for purchase or hire 
SAQA US ID UNIT STANDARD TITLE
115866  Cost plant and equipment for purchase or hire 
ORIGINATOR
SGB Hiring Services 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Cleaning, Domestic, Hiring, Property and Rescue Services 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  10 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
Learners credited with this unit standard will be able to assess each piece of equipment and what its intended use is. They will also be able to make presentations pertaining to the recommendations they have determined. This unit standard aims to enable the learner to conduct a costing exercise to determine whether the items should be purchased or hired for the business

The qualifying learner is capable of:
  • Assessing equipment against intended use
  • Assessing cost of equipment operation
  • Assessing cost of equipment ownership
  • Recommending purchase or hire of equipment 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this qualification will have demonstrated competence in computer literacy, numeracy and language and communication at NQF level 4 or equivalent. 

    UNIT STANDARD RANGE 
    Hire rates includes daily rates, weekly rates or monthly rates, stand-by /Idle, inclement weather, weekend rates, overtime rates. 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Assess equipment against intended uses. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Nature of intended work is identified in accordance with company requirements. 

    ASSESSMENT CRITERION 2 
    Operating conditions are identified as per company or project requirements. 

    ASSESSMENT CRITERION 3 
    Factors influencing operation costs, such as utilisation, workload, capacity, logistics, age and condition of equipment are identified and evaluated against objectives. 

    ASSESSMENT CRITERION 4 
    Equipment capacity is compared with operation requirements. 

    SPECIFIC OUTCOME 2 
    Assess costs of equipment operation. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Operating costs, which include but are not limited to fuel consumption and wear on tyres, buckets and ground engaging equipment, are determined for specified use in accordance with company requirements. 

    ASSESSMENT CRITERION 2 
    Short and long-term costs of equipment operation are determined in line with business projections. 

    ASSESSMENT CRITERION 3 
    Hourly and daily costs of equipment operation are determined and evaluated against budget constraints. 

    ASSESSMENT CRITERION 4 
    Licence, registration and permit costs applicable to the equipment are determined and evaluated against budget constraints. 

    ASSESSMENT CRITERION 5 
    Repairs and maintenance costs are determined from service providers. 

    ASSESSMENT CRITERION 6 
    Transportation costs are determined from service providers. 

    SPECIFIC OUTCOME 3 
    Assess cost of equipment ownership. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Cost of ownership is assessed for specified use in accordance with company requirements. 

    ASSESSMENT CRITERION 2 
    Depreciation, insurance, financing and any special costs are assessed in accordance with company requirements. 

    ASSESSMENT CRITERION 3 
    Hourly and daily costs of equipment ownership are determined in line with financial forecasts. 

    ASSESSMENT CRITERION 4 
    Storage cost of equipment ownership is determined in line with financial forecasts. 

    ASSESSMENT CRITERION 5 
    Equipment utilisation costs are recorded in accordance with company requirements. 

    SPECIFIC OUTCOME 4 
    Recommend purchase or hire of equipment. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Supplier's price, terms of sale, level of service, warranty, trade-in, after sales service, and track record are determined for equipment purchase in accordance with company requirements. 

    ASSESSMENT CRITERION 2 
    Exchange rate, purchase agreement, and delivery details are determined for purchase of equipment accordance with company requirements. 

    ASSESSMENT CRITERION 3 
    Wet hire rate, dry hire rate, terms of hire, level of service, warranty, and delivery are determined for purchase of equipment accordance with company requirements. 

    ASSESSMENT CRITERION 4 
    Option to purchase is compared with option to hire and recommendation to management is prepared in accordance with company requirements. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA.
  • Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Knowledge of all equipment and applications
  • Knowledge of hire contracts and their requirements
  • Knowledge of rates and discount structures
  • Knowledge of maintenance and repair costs of equipment
  • Knowledge of suppliers and their equipment 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve during the costing exercise and with any problems related to the making of recommendations. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others when conducting a costing exercise. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities to have available all data and people who can contribute to the costing exercise. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, evaluate, organise and critically evaluate information during the process of costing equipment for purchase or hire. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively with all stakeholders when making recommendations for items for purchase or hire. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology to conduct the costing exercise to ensure accuracy. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems where effective and efficient costing improves the profitability of the hire business. 

    UNIT STANDARD CCFO CONTRIBUTING 
    In order to contribute to the full personal development of each learner and the social and economic development of society at large, it must be the intention underlying any programme of learning to make an individual aware of the importance of developing entrepreneurial opportunities during the costing exercise. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  48888   National Diploma: Hiring Operations Management  Level 5  NQF Level 05  Passed the End Date -
    Status was "Reregistered" 
    2016-12-31  SERVICES 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.