Reclaimer Lease Agreement
A reclaimer is a specialized engineering vehicle used in the road building process and for maintenance of highways and other roadways.
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The equipment is an asphalt pavement grinder, used for pulverizing the rock or concrete, that then blends the processed asphalt road with a binder material and base course, and spreads it over the surface to form a new road. The process is helpful in recycling reclaimed road material such as asphalt, concrete, gravel or crushed stone and using the material in road building. Owning this equipment may not be practical, so a business may decide to lease it. The Reclaimer Lease Agreement app should be used by the lessor and lessee involved in an equipment lease agreement to agree to terms and conditions including prices, monthly payments, maintenance expectations, insurance coverage, liability provisions, operation certification of the rental equipment operators, equipment attachments, and more.
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