Does Equinix Precision Time offer any kind of monitoring or alert notification?

Yes, for support purposes, Precision Time now monitors performance and collects data from both the Timing Master and SLA monitoring servers in remote IBX data centers. Alerts are generated and sent to support teams for analysis. Alarms are triggered when SLA thresholds are breached, or when outages threaten Precision Time performance, so that potential problems can be addressed before they become issues.