If your business lends or hires equipment, you must know the differences between dry hire and wet hire arrangements. Knowledge on this topic allows you to determine which option is most economically and commercially appropriate for your needs. Furthermore, you must consider the risks associated with each type. This article will explain the critical differences between dry hire and wet hire contracts to ensure you can choose the most suitable option for your business.<\/p>\n\n\n\n
A dry hire arrangement involves you only hiring the item itself. So, if you hire a digger to landscape the back garden of your workplace, you would simply receive the digger itself. This means you are responsible for operating it with no digger driver to assist.<\/p>\n\n\n\n
A wet hire is a more complex arrangement than a dry hire. In short, you hire the item alongside an individual who can operate it for you.<\/p>\n<\/div>\n\n\n\n
Using the digger example again, you would hire the digger and digger driver under a wet hire arrangement. This means that you could instruct the driver of the project, and they can carry out the work. Thus, a skilled operator, rather than yourself, would be responsible for operating the vehicle. The wording surrounding the hiring of the digger driver can cause wet hire arrangements to be more complex. A wet hire agreement involves a self-contractor and, therefore, needs to establish boundaries regarding what they will do and when and how they will do it.<\/p>\n\n\n\n\n\n Continue reading this article below the form\n <\/i>\n<\/a>\n