What type of service agreement would be least likely to include terms on regulatory compliance?

Prepare for the IFMA Operations and Maintenance Exam. Use flashcards and multiple choice questions, with explanations and hints for each question. Get ready to excel in your exam!

A consulting agreement is least likely to include terms on regulatory compliance because it primarily focuses on the provision of expert advice or services rather than the direct execution of tasks that would require adherence to specific regulations. Consulting agreements often outline the scope of the consultant's work, deliverables, timelines, and fees, without diving deeply into the operational details that must comply with regulatory standards.

In contrast, performance-based contracts, service level agreements, and maintenance contracts are generally more comprehensive regarding regulatory compliance. These agreements typically involve ongoing operations or maintenance services where adherence to laws and regulations is critical. Such contracts often specify performance metrics, service expectations, and compliance with health, safety, and environmental regulations that govern the work being performed.

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