Elevator Service Trends for Building Owners

The blog discusses the common issue of building owners paying for elevator preventative maintenance contracts but not receiving the expected services. Elevators are often neglected, and building owners rely on elevator service providers for information about their equipment. The terms and conditions of elevator contracts are typically in favor of the service provider, leaving the building owners with little control over their equipment. Building codes require maintenance contracts, but there is a lack of oversight, allowing service providers to avoid fulfilling their contractual obligations while still charging full price. This lack of maintenance can lead to equipment breakdowns, increased repair costs, and safety risks. The blog suggests that building owners can draft their own maintenance contracts with favorable terms, hold service providers accountable, and reap benefits like cost reduction, decreased risks, and improved tenant satisfaction.