Indiana Code Title 8. Utilities and Transportation § 8-23-14-1

Sec. 1. The department is prohibited from renting equipment for its use when the total cost of the proposed rental over the anticipated period of use of the equipment exceeds the original cost of the equipment to be rented.  The rent to be paid by the department shall not exceed the figures listed in the most recent issue of “Compilation of Rental Rates for Construction Equipment” as prepared and distributed by the Associated Equipment Distributors.  This section does not preclude the department from renting equipment fully operated or from agreeing to pay the operators of the equipment rented and agreeing to pay for the gasoline, fuel oil, or repairs during the rental period, in addition to the rent for the use of any equipment.