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.
Operations and maintenance agreements may be used as a means to transfer responsibilities for a single highway facility or a group of facilities. These contracts transfer responsibility for ongoing activities such as snow removal and grass mowing, as well as maintenance and major repairs.
A contract or agreement, for a separate or additional consideration, for a specific duration, to perform the repair, replacement or maintenance of property due to a defect in materials or workmanship or wear or tear, with or without additional provision for indemnity payments for incidental damages, provided any such ...
In simple terms, a maintenance agreement sets out the steps a contractor will take to maintain, repair, and service a customer's equipment or property. The terms are agreed between the two parties to ensure the equipment continues to operate satisfactorily.
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.
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.
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.
A private road maintenance agreement generally sets out that the maintenance of the road is the mutual responsibility of certain owners. This is usually all of the owners along the road, but the responsibilities can be delegated to one majority owner, or by percentage of ownership or use.