Disadvantaged Business Enterprises
The Disadvantaged Business Enterprises (DBE) program began in the early 1980s to extend opportunities to minority and women-owned businesses to do business within aviation. The … Read More
Airport Lease Agreements
Leases are contracts between parties to provide access to land, property, or a service from one party to another for a specified time period and … Read More
Airport Finances
Airports in the United States are designed to be self-sustaining entities. The origins of civil aviation in the US laid the foundation for users of … Read More
Grant Assurance 4 – Good Title
Grant Assurance 4 – Good Title is a requirement that the airport sponsor holds the title to the airport where the federally funded project will … Read More
Grant Assurance 3 – Sponsor Fund Availability
See Grant Assurances for the broad overview of the obligations on airports who receive federal funding. Grant Assurance 3 – Sponsor Fund Availability addresses the … Read More
Grant Assurance 2 – Responsibility and Authority of the Sponsor
As discussed previously, a Grant Assurance is an obligation that an airport agrees to when receiving federal funding. If you have not read the intro … Read More
Grant Assurance 1 – General Federal Requirements
As stated in Grant Assurances, the Airport Sponsor accepts the obligations and conditions of the Federal government in exchange for either property or money (Airport … Read More
Grant Assurances
Grant assurances are a method the Federal Aviation Administration (FAA) regulates and controls locally owned airports to ensure a return on their investment. By accepting … Read More
Who Owns the Airport?
Across the globe, airport management and ownership varies greatly. Even within the United States, the type of ownership varies, with the exception that almost all … Read More
The National Plan of Integrated Airport Systems (NPIAS)
To allow the civil aviation system to continue, the Federal Aviation Administration (FAA) has developed the National Plan of Integrated Airport Systems (NPIAS) which transformed … Read More
