John,
I would advice you to look at what Spirent and Pendulum can offer you
with regards to GPS simulators. The Pendulum GPS simulation should be of
interest as it is a fairly decent cost, where as the Spirent equipment
is really really good. One way to characterize PPS properties is to do
it against a GPS simulator, which would allow you to remove some
uncertainties compared to live signal.
Said's pointers are indeed a good start, so I only wanted to give an
extra dimension which you might need.
Cheers,
Magnus
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