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IA AMC offers this document as a sample only and may not be held responsible in any way for the implementation of a contract. Consult your legal advisor. AMC Contract 2 MANAGEMENT AGREEMENT BETWEEN.
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Hereto FAQ
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1) The full form of AMC is the Annual Maintenance Contract. It is also recognized as the annual fee for repairs. It is provided after shipment by all manufacturers. It is the term that applies to the manufacturers and the customers. The manufacturer gives its buyers maintenance services for their high-value products.
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AMC = It includes only service charges and visit charges of instrument. Spare's cost is always extra. CMC = It includes Service charges + visit charges + Spares cost. Some very high cost spare parts can be excluded.
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The most common types of AMCs are: Comprehensive+ labor AMC. Labor only AMC. Labor + spare parts to a fixed amount. AMC with rubber and plastic parts. AMC without rubber and plastic parts. AMC with chemical. AMC without chemical. AMC only Supervision.
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1) The full form of AMC is the Annual Maintenance Contract. It is also recognized as the annual fee for repairs. It is provided after shipment by all manufacturers. It is the term that applies to the manufacturers and the customers. The manufacturer gives its buyers maintenance services for their high-value products.
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An annual maintenance contract (AMC) is an agreement with a service provider for repair and maintenance of property used by your company. The service can be of any property owned by your company from the large manufacturing machines creating your products down to the computers and printers used in your offices.
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TERMS OF AMC PAYMENT: The MC payment shall be payable in four equal installments, at the end of each quarter, provided there are no pending problems pertaining to that quarter. Penalty for down time as per clause sl no 6.3 will be subtracted from the amount payable on the quarter.
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AMC = It includes only service charges and visit charges of instrument. Spare's cost is always extra. CMC = It includes Service charges + visit charges + Spares cost. Some very high cost spare parts can be excluded.
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The typical annual maintenance contract format includes: The name and address of the involved parties, usually a business and the company providing the service. Price of the contract. Annual maintenance contract terms and conditions. Penalties for breaking contract or contract termination.
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