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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 software maintenance agreement, or SMA, is a legal contract that obligates the software vendor to provide technical support and updates for an existing software product for their customers. It may also extend the expiration date of certain features, such as new releases or upgrades.
Why would a software require annual maintenance contract renewed? The purpose is to preserve the value of the software over time. The value can be enhanced by meeting additional requirements, becoming easier to use, increasing efficiency, and employing and staying up-to-date with newer technology.
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.
A maintenance contract is an agreement between you and your service provider that outlines the tasks, schedules, and frequency of the maintenance services they provide.
Service Contracts are agreements between a customer or client and a person or company who will be providing services. For example, a Service Contract might be used to define a work-agreement between a contractor and a homeowner. Or, a contract could be used between a business and a freelance web designer.
Variability in workload. Even areas such as maintenance workshops and scaffolding services should experience very few urgent requests, which justifies keeping only a minimum crew, if any at all, for such services in-house. Large variations in workload will lead to poor utilization of resources and overstaffing.
A maintenance agreement is a contract between two parties ? usually a maintenance company and a company or individual ? laying out the terms and conditions for scheduled maintenance services.