Airport Improvement Program AIP Withholding Levels and Grant Amendments - PowerPoint PPT Presentation

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Airport Improvement Program AIP Withholding Levels and Grant Amendments

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When project closeout report is submitted & approved for payment, final grant ... Unforeseen Overruns. Limited to 15% of grant amount. FAA looks at: ... – PowerPoint PPT presentation

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Title: Airport Improvement Program AIP Withholding Levels and Grant Amendments


1
Airport Improvement Program (AIP) Withholding
Levels and Grant Amendments
AirTAP Fall Forum - October 2006 Nancy M.
Nistler
2
Grant Withholding Levels
  • Implemented in July 2005
  • Encourages more timely project closeout reports
  • When project closeout report is submitted
    approved for payment, final grant funds can be
    released
  • 10K Projects less than 500K
  • 50K Projects 500K or greater

3
Grant Amendments for Cost Overruns
  • Unforeseen Overruns
  • Limited to 15 of grant amount
  • FAA looks at
  • Are costs AIP eligible and necessary to complete
    projects listed in grant description?
  • Is AIP funding available?
  • If funding is available..
  • We issue a grant amendment
  • If funding is not available
  • We add the grant to our amendment list

4
Other Grant Amendments
  • Planning Grants Cannot be amended
  • Amendments to add a NEW work item Very limited.
    Cannot add funding too. Grant must be amended
    before new work commences or the work already
    accomplished is not eligible.
  • Amendments for land at primary airports up to
    15 of grant amount
  • Amendments for land at non-primary airports up
    to 15 of the grant amount or 25 of the
    increased land costs whichever is greater
  • For further information FAA Order 5100.38C, The
    AIP Handbook, Page 14, pages 205 - 208 and
    Appendix 13

5
Thank You
AirTAP Fall Forum - October 2006 Nancy M.
Nistler
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