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ACS Gets $41M Contract

Business process and IT consulting firm Affiliated Computer Services revealed Monday that it has renewed its finance and accounting services contract with United Technologies Corp. ACS valued the three-year agreement at some $41 million. The Dallas-based company said that, under the terms of the extended contract, it will continue to provide UTC with accounts payable, travel and expense reporting, payroll and related accounting functions. UTC offers high-tech products to the building systems and aerospace industries. Anupam Tantri, assistant controller of UTC's Shared Business Services unit, said UTC has been an ACS customer for more than three years.