A maintenance contract is an agreement that outlines the terms of a certain type of service performed by one party for another. It defines how often the service will be performed, what elements are included in the service, how long the contract is valid for, and what payment is expected in return. Maintenance contracts can provide peace of mind to clients who want their important tasks taken care of reliably and according to clear prearranged parameters. They can also help ensure that both parties feel like they are getting a fair deal as part of the transaction.