ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 468, Expedited Delivery of Airport Infrastructure Act of 2021   [open pdf - 156KB]

This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the House Committee on Transportation and Infrastructure on March 24, 2021. From the Document: "The Airport Improvement Program (AIP) provides grants to airport sponsors for capital improvement projects related to airport safety, capacity, and security. H.R. 468 would expand the definition of eligible AIP project costs for future grants to include contractor incentive payments, under certain conditions. The payments would be capped at the lesser of $1 million or 5 percent of the project's contract value. H.R. 468 would not provide additional contract authority (a mandatory form of budget authority) for the AIP or increase the program's existing obligation limitations."

Publisher:
Date:
2021-04-06
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://www.cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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