What are Grant Assurances?
When airport owners or sponsors, planning agencies, or other organizations accept funds from FAA-administered airport financial assistance programs, they must agree to certain obligations (or assurances). These obligations require the recipients to maintain and operate their facilities safely and efficiently and in accordance with specified conditions. The assurances may be attached to the application or the grant for Federal assistance and become part of the final grant offer or in restrictive covenants to property deeds. The duration of these obligations depends on the type of recipient, the useful life of the facility being developed, and other conditions stipulated in the assurances.
Date | Source | Assurances |
---|---|---|
Prior to 1984 | Grant assurances were included in FAA Form 5100-100 | |
September 6, 1984 | Published in49 FR 35282(PDF) |
|
February 3, 1988 | Published in53 FR 3104(PDF) | |
September 6, 1988 | Amended in53 FR 34361(PDF) | |
August 29, 1989 | Amended in at54 FR 35748(PDF) | |
June 10, 1994 | Amended in59 FR 30076 | |
January 4, 1995 | Amended in60 FR 521(PDF) | |
June 2, 1997 | Amended in62 FR 29761(PDF) | |
August 18, 1999 | Amended in64 FR 45008(PDF) | |
March 29, 2005 | Amended in70 FR 15980(PDF) | |
March 18, 2011 | Amended in76 FR 15028(PDF) | |
April 13, 2012 | Amended in77 FR 22376(PDF) | |
April 3, 2014 | Amended in79 FR 18755(PDF) |
|