{"id":40240,"date":"2022-09-07T10:47:00","date_gmt":"2022-09-07T10:47:00","guid":{"rendered":"https:\/\/www.my-equipment.com\/blog\/?p=40240"},"modified":"2022-11-25T05:17:29","modified_gmt":"2022-11-25T05:17:29","slug":"importance-of-customer-value-agreements-for-construction-businesses","status":"publish","type":"post","link":"https:\/\/www.my-equipment.com\/blog\/2022\/09\/importance-of-customer-value-agreements-for-construction-businesses\/","title":{"rendered":"Importance of Customer Value Agreements for Construction Businesses"},"content":{"rendered":"<p>Customer Value Agreements (CVAs) are a great option if you want to make the most of your used machinery in the long run. You may be able to get a number of benefits and services with these contracts as they can help in increasing the longevity of your equipment and add value to your company. Do some research and you might be able find a CVA that is ideal for your business goals. Whether you are looking to purchase <strong>used machinery<\/strong> or simply to increase coverage for the equipment you currently own, a CVA will be helpful in both circumstances.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.my-equipment.com\/blog\/2022\/09\/importance-of-customer-value-agreements-for-construction-businesses\/#What_Are_CVAs\" >What Are CVAs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.my-equipment.com\/blog\/2022\/09\/importance-of-customer-value-agreements-for-construction-businesses\/#Better_Planning_and_Budgeting\" >Better Planning and Budgeting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.my-equipment.com\/blog\/2022\/09\/importance-of-customer-value-agreements-for-construction-businesses\/#Increased_Equipment_Resale_Value\" >Increased Equipment Resale Value<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.my-equipment.com\/blog\/2022\/09\/importance-of-customer-value-agreements-for-construction-businesses\/#Flexible_Agreements_and_Professional_Testing\" >Flexible Agreements and Professional Testing<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_Are_CVAs\"><\/span><strong>What Are CVAs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A CVA is an ownership strategy intended to enable you to maximize the value of your heavy machinery. Given the large number of CVAs available, you may choose the one that best suits the requirements of your business. This will allow you to maximize your investment and extend the lifespan of your equipment.<\/p>\n<p>Equipment Protection Plans (EPPs) are a component of CVAs for new and <strong>used Cat equipment<\/strong>, protecting you from the expense of unanticipated repairs. Additionally, CVAs ensure that you will always get genuine Cat parts at the scheduled time, and they will be delivered to a place that is convenient for you. With Cat CVAs on your side, you will also get access to digital solutions that you can use to access key operational metrics and monitor the overall condition of your machinery.<\/p>\n<p>Due to its flexibility and the support from Caterpillar and Cat dealer partners, a CVA is quite different from conventional equipment maintenance contracts. As opposed to universal maintenance contracts, CVAs may be tailored to guarantee that you get the performance you need. It will ensure that you will always have access to authentic Cat spares, extensive dealer assistance, and Cat software solutions to make the most of your machine since all the CVAs assist you in connecting to Caterpillar and the global Cat network of suppliers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Better_Planning_and_Budgeting\"><\/span><strong>Better Planning and Budgeting<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>With a CVA, you will be able to make future plans with more assurance. Your equipment will not need as many unforeseen repairs thanks to these agreements. They will allow you to plan maintenance at more frequent intervals whenever it is suitable for you. CVAs also provide your business\u2019 budget various payment alternatives.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Increased_Equipment_Resale_Value\"><\/span>Increased Equipment Resale Value<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A CVA can raise the value of your equipment by providing a more thorough maintenance history. Equipment with complete records and a detailed maintenance history is likely to fetch a higher price from prospective purchasers. Your equipment\u2019s resale price is affected by its maintenance records.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Flexible_Agreements_and_Professional_Testing\"><\/span><strong>Flexible Agreements and Professional Testing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Due to the vast number of Cat CVA alternatives that are available, you have the freedom to choose a flexible plan that satisfies you and meets all your requirements. CVAs also provide you access to qualified experts who can examine your machinery for you instead of you having to test it yourself. These professionals can promptly provide precise data and insights regarding your machinery due to their expertise, worldwide support, and access to cutting-edge technology.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Customer Value Agreements (CVAs) are a great option if you want to make the most &hellip; <a href=\"https:\/\/www.my-equipment.com\/blog\/2022\/09\/importance-of-customer-value-agreements-for-construction-businesses\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Importance of Customer Value Agreements for Construction Businesses&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":40241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[],"class_list":["post-40240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Importance of Customer Value Agreements for Construction Businesses - Heavy Equipment Market Insights | News | Guides &amp; 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