Navigating maintenance, repair, and operations (MRO) contracts is challenging, with costing complexities, subtle rebates, and transactional nuances often impacting the final price paid by the customer.
For companies evaluating their approach to MRO contracts, this guide highlights key contracting best practices to avoid potential overbillings and ensure the contracts are delivering the best value.
In this guide, you'll learn how to:
- Avoid vague pricing mechanisms
- Clarify markup structures
- Ensure freight, labor, and ancillary charges are billed fairly
- Strengthen rebate terms and recovery methods
- Set up safeguards to prevent contract overrides
- Identify common pitfalls that lead to overbilling
