A Lift Annual Maintenance Contract (AMC) is an agreement between a lift owner and a service provider to ensure the regular upkeep, servicing, and repair of an elevator system. AMCs are vital for maintaining the safety, performance, and longevity of lifts in residential, commercial, and industrial buildings. These contracts typically cover periodic inspections, preventive maintenance, emergency breakdown support, and replacement of worn-out parts. There are two main types of AMCs: comprehensive and non-comprehensive. A comprehensive AMC includes both service and parts replacement, ensuring the lift remains in optimal condition without additional costs. A non-comprehensive AMC, on the other hand, covers only the servicing, with the cost of parts being extra. Regular maintenance under an AMC ensures that the lift operates efficiently, reducing the chances of unexpected breakdowns and costly repairs. It also keeps the elevator compliant with safety regulations and helps identify potential issues before they escalate. Having an AMC in place enhances passenger safety, improves reliability, and extends the life of the lift system. Ultimately, an AMC offers peace of mind by ensuring that a trusted service provider is always available to handle maintenance and repairs.