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A career in elevator or escalator installation and repair typically begins with a 4-year apprenticeship program sponsored by a union, industry association, or employer. For each year of a typical program, apprentices must complete a predetermined number of hours of technical instruction and paid on-the-job training.
Elevator companies typically recommend that their customers have their units serviced at least once every month. Along with light monthly maintenance, you will also need to set up a safety inspection and repair service on an annual basis.
How does an elevator installation and repair service make money? Your clients pay a fee for annual maintenance and inspection. Emergency calls require an additional payment. The installation of a new elevator requires highly trained technicians that will earn the company a sizable payment for their work.
Along with higher pay comes a better than average job outlook. The field of elevator installation and repair is expected to grow by about 7% between now and 2029 (faster than average).
Most elevator maintenance contracts include an auto-renewal clause, an evergreen clause, or a roll-over clause (all three mean the same thing). If you want to negotiate a new agreement, you should first check the termination language on your existing contract, more specifically you should check when, or if, it renews.
1 - OTIS. The Otis Elevator Company is an American company (owned by United Technologies) that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. Based in Farmington, Connecticut, Otis is the world's largest manufacturer of vertical transportation systems.
An elevator maintenance agreement is essentially a type of insurance that protects property owners from the erratic and unpredictable costs of elevator service, maintenance, and repairs by offering a fixed rate for each service.
Your Simple Guide to Cancel an Elevator Maintenance ContractCheck The End Date Of The Contract.Check For Contract Auto-Renewal Language.Check The Elevator Maintenance Agreement Termination Language.Check For Non-Performance Language.Secure Another Elevator Company.Find The Termination Letter Instructions.More items...?
An elevator maintenance contract or elevator maintenance agreement is an agreement with an elevator maintenance provider to provide preventive maintenance for your elevator and typically cover parts and labor to keep an elevator running.