Common use of Operations & Maintenance Clause in Contracts

Operations & Maintenance. The terms “Operations & Maintenance” or “O&M” mean the functions, duties, and labor associated with the daily operations and normal repairs, replacement of parts and structural components, and other activities needed to preserve an asset so that it continues to provide acceptable services and achieves its expected life.

Operations & Maintenance. The terms “Operations & Maintenance” or “O&M” mean the functions, duties, and labor associated with the daily operations and normal repairs, replacement of parts and structural components, and other activities needed to preserve an asset so that it continues to provide acceptable services and achieves its expected life. 1. 100. Option(s). The term “Option(s)” means Judicial Council’s ability, in its sole discretion, to authorize Design Build Entity to perform Post-GMP Phase Work as set forth in the Agreement.