Lift Annual Maintenance Contract
Prepared by: [YOUR NAME]
Email: [YOUR EMAIL]
This Lift Annual Maintenance Contract (AMC) is entered into on January 1, 2050, by and between [YOUR COMPANY NAME], a lift maintenance service provider, and Invogorance, the owner/manager of the property at Garland, TX 75040. The agreement ensures the proper upkeep, repair, and servicing of lifts located on the premises, promoting safety, efficiency, and reliability.
I. Scope of Services
This agreement covers the following services:
Preventive Maintenance: Routine inspections and servicing to prevent operational failures.
Emergency Repairs: Immediate response to unforeseen lift malfunctions.
Safety Compliance: Ensuring compliance with applicable safety standards and regulatory requirements.
Component Replacement: Replacement of worn-out or defective components, as specified.
Performance Optimization: Adjustment of lift operations to maintain efficiency and reliability.
II. Duration and Renewal
The contract begins on January 1, 2050, and ends on December 31, 2050, spanning a period of one year.
The contract is renewable annually upon mutual agreement, with written notice provided no later than November 30, 2050.
III. Payment Terms
The client agrees to pay the service provider as follows:
Annual Fee: $12,000, payable in quarterly installments of $3,000 on the first of each quarter.
Additional Costs: Costs for replacement parts not included in the standard coverage, billed separately upon prior approval.
Service Type | Frequency | Cost (if additional) | Covered in AMC | Notes |
|---|
Routine Maintenance | Quarterly | N/A | Yes | Standard inspections |
Emergency Repairs | As needed | $200 per visit | Yes | After-hours repairs extra |
Component Replacement | As required | Cost + 15% markup | Partial | Major components excluded |
IV. Responsibilities of the Service Provider
Conduct all services professionally and in compliance with relevant safety standards.
Provide a 24/7 hotline for emergency assistance.
Submit detailed maintenance and repair reports after every service visit.
V. Responsibilities of the Client
Ensure access to lifts and associated machinery during agreed service times.
Notify the service provider of any malfunctions immediately.
Adhere to payment terms as outlined in Section III.
VI. Termination
Either party may terminate this contract with a 30-day written notice.
Termination for cause (e.g., breach of terms) may occur without notice if documented evidence is provided.
VII. Liability and Insurance
The service provider shall carry liability insurance of at least $500,000 to cover potential damages during maintenance.
The client assumes responsibility for lift misuse or unauthorized repairs.
VIII. Governing Law and Dispute Resolution
This contract shall be governed by the laws of Baltimore, MD.
Disputes will be resolved through arbitration under the rules of Baltimore Arbitration Board, with the decision being binding on both parties.
This agreement underscores mutual commitment to ensuring lift safety and operational efficiency. Signatures below signify understanding and acceptance of all terms outlined.
[YOUR NAME]
Manager
Date: January 1, 2050
Reyes Bayer
Building Manager
Date: January 1, 2050
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