The invention relates to the technical field of foundation excavation retaining and protecting cast-in-situ bored piles and discloses a foundation excavation retaining and protecting cast-in-situ bored pile construction method and equipment thereof. The method comprises the following steps: 1, adopting a rotary excavating drilling tool to guide a hole in advance; 2, adopting a vibratory hammer to convey a pile casing into the soil layer downward from a hole opening ; 3, adopting the rotary excavating drilling tool to drill to the elevation position at the bottom of the pile casing; 4, adopting an air compressor to supply air into the hole till the air comes out of an opening at the upper end of the hole, and then utilizing a down-the-hole hammer to drill on a bed rock layer; 5, after the down-the-hole hammer drills to a final hole, pulling out the down-the-hole hammer, and infusing slurry into the hole; 6, cleaning the interior of the hole, placing a steel reinforcement cage into the hole, and pouring concrete into the hole; 7, utilizing the vibratory hammer to pull out the pile casing. According to the construction method, a pile casing retaining wall is utilized, and the hole collapse and hole shrinkage can be prevented; the down-the-hole hammer is utilized for cooperating with the air compressor to supply the air, great rock breaking capability is achieved, a rotary drilling machine is adopted for cleaning the hole, the hole formation is made to be greatly accelerated, the construction progress is sped up, and the cost is saved.