Renovation Terms and Conditions with proposal – Universal

Renovation describes a series of planned changes and updates made to a facility where business is conducted. Office and building renovation will take place now and again in the environment of most business, at their own or at others' initiative, in response to new needs, technological pressures, or simply the need for maintenance and renewal. Renovation, for a business, may be a response to declining sales. As an ancient Chinese saying has it: "When business slows, paint the counter red."

A well-conceived and carefully planned renovation effort can revitalize a business and provide it with much-needed room to grow. But periods of renovation also have a down-side: they can reduce productivity, create inconveniences for customers, cost money, and affect the bottom line. The inconveniences associated with office and building renovation often make it a practical impossible for businesses to maintain the exact same level of operations that they met during non-renovation periods. But owners can—whether they are building tenants or building operators—can take several steps to ensure that the negative aspects of renovation are minimized.