Common use of Program Purpose Clause in Contracts

Program Purpose. The purpose of the Preventative Maintenance (PM) program is to perform planned activities for recurring maintenance activities. Implementation of this program results in compliance with codes, permits, and industry standard maintenance practices. Additional results include the ability to predict and manage costs relative to asset lifecycle management. The benefit of running a PM program is a decrease in overall asset lifecycle costs. Additional benefits include identification of system repairs or the failure of associated hardware allowing for proactive repair rather than reactive management. Compliance with codes and permits mitigates fines and other governmental penalties.

Appears in 4 contracts

Samples: Standard Agreement, Standard Agreement, www.courts.ca.gov

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.