The security or private payment test focuses on the nature of security and the source of payment of a debt service for a problem. The private payment portion of the test takes into account the payment of debt service for the issue that must be deducted directly or indirectly from payments (whether to the issuer or a nearby party) for the property or borrowed money intended for private commercial use. The private security portion of the trial takes into account the payment of debt service on this subject, which is insured directly or indirectly by any interest in the property or property used for a private commercial operation or for payments relating to goods used or used for commercial purposes. To determine whether a problem is consistent with the test of private business use, it is necessary to examine both indirect use and direct use of revenue. Revenues are used as in the trade or activity of a non-governmental person when a non-governmental person uses real estate acquired from the proceeds of an issue as a result of a single transaction or a series of related transactions. Rev. Proc. 97-13 provides secure ports for management contracts based on contract term limitations, including extension options that vary depending on the compensation structure, such as fixed fees, partially fixed fees, unit fees and the percentage of fees charged for the use of the facility. To get to 97-13, the duration of the contract and the compensation structure must be part of one of the many authorized rules described in the performance procedure. In addition, the contract must provide appropriate compensation for benefits that, in the absence of compensation or in part, are based on a share of the net income derived from the operation of the facility. compensation on the basis of a) a percentage of gross revenue (or adjusted gross revenue) of a facility or a percentage of the expenses of a facility, but not both; b) a premium fee; or (c) a unit charge is generally not considered to be based on a share of net income. Reimbursement of actual and direct costs that the claimant pays to independent parties is not, in itself, considered compensation.