Corrective Maintenance definition
Examples of Corrective Maintenance in a sentence
When pre-approval to use Overtime is granted and the service being performed is covered under Major Corrective Maintenance, reimbursement will be made at the overtime-hourly rate required by the NY State prevailing wage rate schedules.
Prior to performing any Major Corrective Maintenance, the Contractor shall submit a Cost Proposal to the Authorized User for approval.
Any deficiencies that qualify as Minor Corrective Maintenance shall be completed and included in the Monthly Maintenance Fee bid.
For the purposes of evaluating whether Corrective Maintenance qualifies as either Minor or Major Corrective Maintenance, the Contractor shall calculate the total cost of the Corrective Maintenance in accordance with the following formulas, and the cost shall be calculated per Repair Item which shall be compared to the Major/Minor Corrective Maintenance Threshold listed in Table 2.
The Contractor agrees to provide a percent markup rate for labor, designated as the ‘Labor Markup Rate’ and a percent markup rate for materials, designated as the ‘Materials Markup Rate’ for the assessment of value of Corrective Maintenance, and for the performance of Major Corrective Maintenance repairs.