Footnote 1: PAVs may be used for certain non-procurement administrative-related expenses, including utilities and local telephone services. PAVs are issued by FDIC organizational units and do not go through the normal invoice process.
Footnote 2: Internal DIRM e-mail dated April 11, 2003, subject, Multi-year Contract for Local Telephone Service.
Footnote 3: The Telecommunications Act was designed to open up the local markets to competition and to create incentives for
the investment in and deployment of advanced telecommunications services.