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Example 1: In 2006, S Company begins a $1,500,000 long-term contract that is accounted for under the PCM. By utilizing Public-Private Partnerships together with Design-Build, all activities (design, construction, financing, responsibility for defects and operating and maintaining) would be integrated into one long-term contract with a private-sector partner to the advantage of the taxpayer. Zuken will provide PCB design tools to Lockheed Martin under the terms of a long-term contract the two companies recently signed. |
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