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What is a maintenance agreement?

A maintenance agreement contract is a service agreement that a provider will draft with their customer that will outline the terms for the exchange of services for compensation. There are two forms of service agreements: Verbal. Written.

What is the difference between a service contract and a maintenance contract?

Service contracts may include towing, rental and emergency road service Under a maintenance agreement, the maker of the agreement is obligated to perform regularly scheduled maintenance of property, such as regularly scheduled oil changes for an automobile.

What is a maintenance service contract?

A service maintenance contract is a legal agreement between a company and a maintenance service provider. It specifies the terms and conditions of the agreement between the two parties.

What is a standard maintenance agreement?

A maintenance agreement outlines the steps one party will undertake to insure the upkeep, repair, serviceability of another partys property. Maintenance contracts are commonly used by companies that take care of vehicle fleets, industrial equipment, office and apartment buildings, computer networks, etc.

What is a disadvantage to having a maintenance contract?

Disadvantages of Contract Maintenance (Potential) Labor cost is not really saved unless the actual number of in-house maintenance staff is reduced. Revision of contract fees in subsequent years often leads to the escalation of total cost if not properly negotiated and controlled.

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