Fleet Rental Inspection Report

Fleet Rental Inspection Report 800.847.0727 | 912.335.3468 (f) [email protected] checkmateinspections.com To: Tom Cherry Caterpillar Fina...
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Fleet Rental Inspection Report 800.847.0727 | 912.335.3468 (f) [email protected] checkmateinspections.com

To: Tom Cherry Caterpillar Financial Services Corporation

Inspection Report Date: 12/1/2015

Subject Name/Address: Premier Rentals LLC | CCAN: 371350 2618 SE Mile Hill Drive Port Orchard, WA 98366 Contact: Mary Mears – 360.876.4400 | [email protected]

Equipment Status: (20) Units total on Equipment List   

(11) Units on 3 yards – inspected (4) Units on rent – inspected at 3 job sites, rental contracts obtained (20% of rental units) (5) Units on rent – not inspected, rental contracts obtained

Summary: On November 23, 2015, we visited three yard locations for Premier Rentals LLC and inspected eleven units total. We also visited three job sites and inspected four units currently out on rent. Rental contacts were obtained for all units on rent. Photos of the units inspected and rental contracts obtained appear (respectively) on the following pages of this report. Page 1 of 21

12/1/2015

Fleet Rental Inspection Report Premiere Rentals LLC | CCAN: 371350 2618 SE Mile Hill Drive Port Orchard, WA 98366 Contact: Mary Mears – 360.876.4400 | [email protected] Equipment List: November 2015

1

2

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4

5

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11

Contract Number 0010639808000 0010639808000 0010639808000 0010639808000 0010639808000 0010639808000 0010639808000 0010639808000 0010650911000 0010650911000 0010650911000

Page 2 of 21

Serial Number

Hours

216B3 CN

JXM02565

921

Mark Evenson Bremerton, WA Jobsite

Comments On rent - Inspected 11.23.15 rental contract obtained – unit being replaced by S/N: JXM02569

216B3 CN

JXM02566

1264

Kingston, WA Yard

On yard - Inspected 11.23.15

216B3 CN

JXM02568

628

Port Orchard, WA Yard

216B3 CN

JXM02569

864

Rob A Cail Bremerton, WA Jobsite

On yard - Inspected 11.23.15 On rent - Inspected 11.23.15 rental contract obtained – replacing S/N: JXM02565 on job site

247B3 CN

TSL01503

1301

Kingston, WA Yard

On yard - Inspected 11.23.15

247B3 CN

TSL01511

N/A

Port Orchard, WA Yard

On yard - Inspected 11.23.15 No power to unit, being serviced

247B3 CN

TSL01512

1230

Kingston, WA Yard

On yard - Inspected 11.23.15

247B3 CN

TSL01515

Rick’s Trucking & Excavating Hansville, WA

On rent - Not inspected rental contract obtained

301.7D

LJH00240

1026

Kingston, WA Yard

On yard - Inspected 11.23.15

301.7D

LJH00242

1133

Bremerton, WA Yard

On yard - Inspected 11.23.15

301.7D

LJH00243

1223

Bremerton, WA Yard

On yard - Inspected 11.23.15

Model

Location

12/1/2015

Fleet Rental Inspection Report

12

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20

Contract Number 0010689677000 0010762364000 0010762364000 0010762364000 0010762364000 0010762364000 0010762364000 0010762364000 0010762364000

Page 3 of 21

Model

Serial Number

3035E

RKY01727

303.5E2CR

BG800561

303.5E2CR

BG800567

303.5E2CR

BG800595

303.5E2CR

BG800600

303.5E2CR

BG800643

303.5E2CR

BG800659

303.5E2CR

BG800735

303.5E2CR

BG800740

Hours

Location

Comments

Taylor Johnatrakis Kingston, WA

On rent - Not inspected rental contract obtained

313

Kingston, WA Yard

N/A

Rick’s Trucking & Excavating Hansville, WA Jobsite

On yard - Inspected 11.23.15 On rent - Inspected 11.23.15 Unit missing hour meter rental contact obtained

Carl Van Valkenburg Olalla, WA

On rent - Not inspected rental contract obtained

Bremerton, WA Yard

On yard - Inspected 11.23.15

Gary Prisk Bainbridge Island, WA

On rent - Not inspected rental contract obtained

245

John Fifer Port Orchard, WA Jobsite

On rent - Inspected 11.23.15 rental contract obtained

177

Port Orchard, WA Yard

On yard - Inspected 11.23.15

Sky Kai Café Poulsbo, WA

On rent - Not inspected rental contract obtained

304

12/1/2015

Fleet Rental Inspection Report Summary of Asset Net Investment for Fleet Rental Inspection: 20 Units total on Equipment List  $418,395.18 – Asset Net Investment total  (11) Units on 3 yards – inspected – $186,995.11 of Asset Net Investment – 45%  (4) Units on rent – inspected at 3 job sites – $85,249.74 of Asset Net Investment – 20%  (5) Units on rent – not inspected – $146,150.33 of Asset Net Investment – 35%

Page 4 of 21

12/1/2015

Fleet Rental Inspection Report Summary of Asset Net Investment for Fleet Rental Inspection – Rental Units Only: 9 Units on Rent Total  $231,400.07 – Asset Net Investment Total – Rental Units Only  (4) Units on rent – inspected at 3 job sites – $85,249.74 of Asset Net Investment – 37%  (5) Units on rent – not inspected – $146,150.33 of Asset Net Investment – 63%

Page 5 of 21

12/1/2015

Fleet Rental Inspection Report Summary of Units inspected during Fleet Rental Inspection: 20 Units total on Equipment List  (11) Units on 3 yards – inspected – 55%  (4) Units on rent – inspected at 3 job sites – 20% (20% of rental units)  (5) Units on rent – not inspected – 25%

Page 6 of 21

12/1/2015

Fleet Rental Inspection Report

1

Contract Number 0010639808000

Page 7 of 21

Model

216B3 CN

Serial Number

JXM02565

Hours

921

Location Mark Evenson Bremerton, WA Jobsite

Comments On rent - Inspected 11.23.15 rental contract obtained – unit being replaced by S/N: JXM02569

12/1/2015

Fleet Rental Inspection Report

2

Contract Number 0010639808000

Page 8 of 21

Model

216B3 CN

Serial Number

JXM02566

Hours

1264

Location

Kingston, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015

Fleet Rental Inspection Report

3

Contract Number 0010639808000

Page 9 of 21

Model

216B3 CN

Serial Number

JXM02568

Hours

628

Location

Port Orchard, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015

Fleet Rental Inspection Report

4

Contract Number 0010639808000

Page 10 of 21

Model

216B3 CN

Serial Number

JXM02569

Hours

864

Location Rob A Cail Bremerton, WA Jobsite

Comments On rent - Inspected 11.23.15 rental contract obtained – replacing S/N: JXM02565 on job site

12/1/2015

Fleet Rental Inspection Report

5

Contract Number 0010639808000

Page 11 of 21

Model

247B3 CN

Serial Number

TSL01503

Hours

1301

Location

Kingston, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015

Fleet Rental Inspection Report

6

Contract Number 0010639808000

Page 12 of 21

Model

247B3 CN

Serial Number

TSL01511

Hours

N/A

Location

Port Orchard, WA Yard

Comments On yard - Inspected 11.23.15 No power to unit, being serviced

12/1/2015

Fleet Rental Inspection Report

7

Contract Number 0010639808000

Page 13 of 21

Model

247B3 CN

Serial Number

TSL01512

Hours

1230

Location

Kingston, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015

Fleet Rental Inspection Report

9

Contract Number 0010650911000

Page 14 of 21

Model

301.7D

Serial Number

LJH00240

Hours

1026

Location

Kingston, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015

Fleet Rental Inspection Report

10

Contract Number 0010650911000

Page 15 of 21

Model

301.7D

Serial Number

LJH00242

Hours

1133

Location

Bremerton, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015

Fleet Rental Inspection Report

11

Contract Number 0010650911000

Page 16 of 21

Model

301.7D

Serial Number

LJH00243

Hours

1223

Location

Bremerton, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015

Fleet Rental Inspection Report

13

Contract Number 0010762364000

Page 17 of 21

Model

Serial Number

303.5E2CR

BG800561

Hours

313

Location

Kingston, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015

Fleet Rental Inspection Report

14

Contract Number 0010762364000

Page 18 of 21

Model

Serial Number

303.5E2CR

BG800567

Hours

N/A

Location Rick’s Trucking & Excavating Hansville, WA Jobsite

Comments On rent - Inspected 11.23.15 Unit missing hour meter rental contract obtained

12/1/2015

Fleet Rental Inspection Report

16

Contract Number 0010762364000

Page 19 of 21

Model

Serial Number

303.5E2CR

BG800600

Hours

304

Location

Bremerton, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015

Fleet Rental Inspection Report

18

Contract Number 0010762364000

Page 20 of 21

Model

Serial Number

303.5E2CR

BG800659

Hours

245

Location John Fifer Port Orchard, WA Jobsite

Comments On rent - Inspected 11.23.15 rental contract obtained

12/1/2015

Fleet Rental Inspection Report

19

Contract Number 0010762364000

Page 21 of 21

Model

Serial Number

303.5E2CR

BG800735

Hours

177

Location

Port Orchard, WA Yard

Comments

On yard - Inspected 11.23.15

12/1/2015