Definition. A maintenance agreement (contract), sometimes called a service agreement (contract), is an agreement which requires specific performance of repairing, cleaning, altering, or improving tangible personal property on a regular or irregular basis to ensure the product's continued satisfactory operation.
A maintenance agreement outlines the steps one party will undertake to insure the upkeep, repair, serviceability of another party's property. Maintenance contracts are commonly used by companies that take care of vehicle fleets, industrial equipment, office and apartment buildings, computer networks, etc.
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.
Essentially, maintenance is what you get regularly done on your vehicle to make sure it stays in fighting form. Maintenance is something that's scheduled – like an oil change – whereas service is when you need something specific fixed or tuned up that's outside of your regular maintenance schedule.
Definition. A maintenance agreement (contract), sometimes called a service agreement (contract), is an agreement which requires specific performance of repairing, cleaning, altering, or improving tangible personal property on a regular or irregular basis to ensure the product's continued satisfactory operation.
Your facilities maintenance contract should include a detailed scope of work outlining all services provided, including regular inspections, preventative maintenance, and emergency repairs. Clearly define the frequency of services and the expected response time for urgent issues to ensure clarity and accountability.
Sounds tempting, right? Prepaid maintenance plans typically cover scheduled services listed in the owner's manual — oil and filter changes, multi-point inspections, etc. — but exclude consumable items such as brake pads, rotors and windshield wipers. You'll still be on the hook for items that wear.
An annual maintenance contract is a great way to cover basic maintenance needs, while a comprehensive maintenance contract covers any additional replacement parts, labor, or transportation costs that come up while technicians are performing routine maintenance.
Definition. A maintenance agreement (contract), sometimes called a service agreement (contract), is an agreement which requires specific performance of repairing, cleaning, altering, or improving tangible personal property on a regular or irregular basis to ensure the product's continued satisfactory operation.