Monitoring Contracts Examined

Author: Brian Rhodes, Published on Feb 12, 2012

Contracts for monitoring intrusion detection / alarm monitoring systems are one of the most fundamental elements of using such solutions. The terms and conditions in those contracts have a significant impact on the cost and flexibility to the user and the profitability of the provider. In this note, we examine the key issues and common problems found in renewal clauses, notification of terminations and penalties for termination.

Pricing / General Terms

***** ********** ******** *********** ***** ********** *** **** ** *** monetary ****** *** ***** ***** ** ******* ** ** ***** accident: ** *** ******* ******, *** **** ** ********** ***** systems ** ******** ***********.

* **** ****** ‘************’ ***** ** $** ** ******* ***** intrusion ********* *** ***** ********** ** **** ********* **** *** approach *** **** *********** **** ** **** *********.

** * ******* **** ***** ****** ***** $**** - $**** to ********, ****, *******, *** *********, ******** ****:

  • ****** *** **** ** *** ****** ******* ** *********** ** many ******
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****** ******** *********

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******** ** ********** *********

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**** ******* ******

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"*** ******* **** ** **** ******** ** *** ***** (*) years. *** ***** ********** *** ************ ******** **** ***** **** the ********* ** ********* *** ** ***********, *** **** *** necessary ************** ********** ** *********. **** ******** **** ************* ***** for ********** ****** (**) *** ***** ****** ********** ** ****** party's ******* ****** ** ***** ****** (**) **** ****** *** end ** *** ****-******* ****. ** **********, **** ******** **** on *** **** *** ** *** ****-******* ****."

** *** ******* *****, ***** ***** (*) *****, *** ********** contract ‘**** ******’ *** ********** ****** (**) **** *******, ***** the ************ ********** *** ***. ** **** ********, ‘**** *****’ cycles *** ********* ******* *** * **** ** *****-**** *********.

************ ** ***********

*** ************* ********** **** **** ** *** ** ***** ** ‘successfully’ ****** ** **** ******** ********. ***** *****, **** **** of ******* ************ (*** *********** ******* *******) **** ** ****** to *** ********** ******* *** ********* **** ****** ** ******** prior ** *** ****** ******** ****** ****. ** ** * common ********* *** ******** ******* ** ******* ** ****** * monitoring ******** ****** *** ‘*** ****’, *** *** ***** *** ‘notification ********’ *** **** ********** ‘**** *******’ *** ******* ******* interval.

********* *** ***********

******* *** ******** **** *** ******* *********:

*** ***** **** *** ******* *** ***** **** ******** *** BASED ** **** ********* ** ******* *** ** *** *** THE ******** *** ***** (*) **** *****. ***********, *** ***** THAT: ** *** ********* **** ******** ****** *** ****** **** YOU **** *** ** ** ****** ***** ** **% ** THE ******* ** ** **** ** *** ****** *** ********* INTITIAL ***** (*) **** **** ** **** ********. **** ****** IS ****** **** ******* *** ** *** * *******."

*** **** ****** *** ‘***** *********** ***’ ******* ** ******* equal ** **% ** *** ***** ** *** ********* ***** (3) **** ********. ***** ********* *** ****** ********* ********* ******** upon *** ******* ** *** ********.

** ** ********* ** ********** ***** ****** ******** ** ******* contracts ** **** *** ******* ******** ****** ***** ********* *** be **********. *** ********** ********* ***** *** ****** ** **** monitor ******** **********, *** *** ***** *** ******** ******** ** those ******** *** **** ************* **** *** ******** ** *** next.

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