MuniRent Allows for Equipment Rentals Between Local Governments

 - Jul 31, 2014
References: & springwise
MuniRent is a platform that allows equipment trading between municipal governments. The listing app lets local city councils pool resources and help municipalities lend to each other.

The free Android app is also available online so governments can post shareable resources in addition to relevant details. Other municipalities looking for equipment can browse listings and arrange to loan it for a less expensive price than commercial equipment rentals.

This equipment trading platform means expensive items don't have to sit collecting dust when it's not being used on a specialized or niche project while also cutting down operation costs for cities. Whether the city is big or small, they can set their own rental prices and easily make reservations online.

MuniRent could also serve as inspiration for other industries that could benefit from a P2P model.