Easily Insert Alternative Choice to the Profit Maintenance Agreement

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How to Insert Alternative Choice to the Profit Maintenance Agreement

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so Gary lets start big picture what are the considerations that we all need to consider when were starting a service agreement pricing program sure first consideration is am I going to be breakeven pricing or am I going to be priced for profit so the idea of margin making money pricing it so that theres an acceptable gross profit percentage there to cover up the overhead of the department is one way to do it the other way to do it its more of how we do it in our company is breakeven so weve calculated our cost structures how were going to pay the guys so the combination of the cost of goods sold plus the overhead of the maintenance division gives me a cost breakeven lets call that fifty dollars per maintenance calls so if we do two calls thats $100 breakeven so 101 dollars would be more than just $1 over breakeven so the first consideration is hey philosophically Who am I what do I want to do break-even gives me an opportunity to generate more agreements pricing for margin give

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What is the difference between lump sum and TM?

Unlike lump sum contracts, which require a well-defined scope of work, TM contracts are often used for projects where the scope is less certain.

What is an A101 document?

What it is. A1012017 is a standard form of agreement between owner and contractor for use where the basis of payment is a stipulated sum or fixed price. A101 adopts by reference, and is designed for use with, Document A2012017, General Conditions of the Contract for Construction.

What is A104?

The A104 replaces Document A107-2007, Standard Form of Agreement Between Owner and Contractor for a Project of Limited Scope. It may be used for projects where payment is based on either a stipulated sum or the cost of the work plus a fee, with or without a guaranteed maximum price.

What is the standard form between owner and contractor ?

Document A1322009 SP is a standard form of agreement between owner and contractor for use on sustainable projects, where the basis of payment is either a stipulated sum (fixed price) or cost of the work plus a fee, with or without a guaranteed maximum price.

What is the difference between TM and FFP?

Conversely, fixed-price contracts are single-sum or lump-sum contracts where the contractor is responsible for completing the entire project within the approved total cost and scheduleThe main difference is that a TM contract is an estimated final price, whereas a fixed price contract has an agreed upon fixed final

What is the difference between A101 and A102?

A101: The standard agreement between an owner and contractor for a project with a fixed-amount or lump-sum payment. A102: An agreement for projects contracted for the cost of work plus a fee.

What is the A series of contracts used for?

A-Series: Owner/Contractor Agreements. This contract is used when project price is based on a 1sum (fixed price). It is suitable for large or complex commercial construction projects.

What is the document for Construction managers?

Document C1322009 SP provides the agreement between the owner and the construction manager, a single entity who is separate and independent from the architect and the contractor, and who acts solely as an adviser (CMa) to the owner throughout the course of a sustainable project.

What are the different types of maintenance agreements?

What are the different types of maintenance contracts? Annual maintenance contracts (AMC) and comprehensive maintenance contracts (CMC) are the two general types. Both cover the service charges for ongoing maintenance and emergency repairs. The main difference between the two are the levels of service they provide.

What is the 201?

Purpose. Document A2012017, General Conditions of the Contract for Construction, is considered the keystone document of the Conventional family of documents because it provides the terms and conditions under which the Owner, Contractor, and Architect will work together during the building construction process.

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