What is the difference between a pure service contract and a risk service contract? Other than control
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Question:
What is the difference between a "pure service contract" and a "risk service contract"?
Other than control over the resources, how do host governments benefit from "government participation"?
In any fiscal system, the gross revenues are split between the contractor and the host government. Under a PSC system, how is gross revenue split between the two parties? (Hint: The split is specified by each party's entitlement).
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