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
