Method and system for providing maintenance and management services for long-term capital equipment or fixtures by providing a performance warranty
First Claim
1. A method for a third party provider to guarantee the performance of long-term capital equipment or fixtures of an owner by managing and maintaining all components of the long-term capital equipment or fixtures for a specified period of time so as to allow the owner to better plan and prioritize limited budget resources, comprising the steps of:
- (1) diagnosing existing conditions of the long-term capital equipment or fixtures by the provider to determine if any repairs are required to bring the long-term capital equipment or fixtures to a predetermined start-up standard of performance, said predetermined start-up standard of performance being negotiated between the owner and the provider;
(2) repairing the long-term capital equipment or fixtures by the provider to reach the start-up standard if any of the existing conditions are below the predetermined start-up standard;
(3) developing a maintenance schedule by the provider to perform recurrent inspections, preventive maintenance, and housekeeping on the long-term capital equipment or fixtures so as to maintain the long-term capital equipment or fixtures at a standard of performance for a specified period of time, said standard of performance being negotiated between the owner and the provider and set to within industry acceptable parameters; and
(4) providing a warranty by the provider on the long-term capital equipment or fixtures in conjunction with the purchase by the owner of performance of the (1)–
(3) steps, said providing of the warranty including transferring from the owner to the provider the technical and financial risk including costs associated with managing and maintaining all components of the long-term capital equipment or fixtures within the standard of performance during the specified period of time.
1 Assignment
0 Petitions
Accused Products
Abstract
A computer-implemented method for providing maintenance service for long-term capital equipment or fixtures includes the steps of diagnosing existing conditions of the long-term capital equipment or fixtures, providing a warranty on the long-term capital equipment or fixtures in conjunction with a purchase of an initial maintenance service, repairing the long-term capital equipment or fixtures to reach the start-up standard if any of the existing conditions are below the predetermined start-up standard, developing a maintenance schedule according to the predetermined start-up standard and any of existing conditions which are beyond the predetermined start-up standard, and maintaining the long-term capital equipment or fixtures according to the maintenance schedule so as to fulfill the warranty. The providing of the warranty includes transferring from owner to a provider the risk of maintaining performance of the long-term capital equipment or fixtures during a specified time and within a predetermined start-up standard.
72 Citations
10 Claims
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1. A method for a third party provider to guarantee the performance of long-term capital equipment or fixtures of an owner by managing and maintaining all components of the long-term capital equipment or fixtures for a specified period of time so as to allow the owner to better plan and prioritize limited budget resources, comprising the steps of:
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(1) diagnosing existing conditions of the long-term capital equipment or fixtures by the provider to determine if any repairs are required to bring the long-term capital equipment or fixtures to a predetermined start-up standard of performance, said predetermined start-up standard of performance being negotiated between the owner and the provider; (2) repairing the long-term capital equipment or fixtures by the provider to reach the start-up standard if any of the existing conditions are below the predetermined start-up standard; (3) developing a maintenance schedule by the provider to perform recurrent inspections, preventive maintenance, and housekeeping on the long-term capital equipment or fixtures so as to maintain the long-term capital equipment or fixtures at a standard of performance for a specified period of time, said standard of performance being negotiated between the owner and the provider and set to within industry acceptable parameters; and (4) providing a warranty by the provider on the long-term capital equipment or fixtures in conjunction with the purchase by the owner of performance of the (1)–
(3) steps, said providing of the warranty including transferring from the owner to the provider the technical and financial risk including costs associated with managing and maintaining all components of the long-term capital equipment or fixtures within the standard of performance during the specified period of time. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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Specification