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Get the free AIP Sponsor Guide – 700 - faa

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AIP Sponsor Guide 700 Central Region Airports Division 4/30/14 700 - Grant Implementation In This Section 710 - Project Initiation 720 - Project Application 730 - Sponsor Assurances 740 - Drug Free Workplace Requirements 750 - Title VI Assurance 760 - Executing the Grant Offer Typical Application Steps 7/11/13 The FAA s offer of an Airport Improvement Program AIP grant agreement cannot occur until the Sponsor satisfactorily fulfills all prerequisite steps. These include FAA approval AIP...
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How to fill out aip sponsor guide 700

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How to fill out AIP Sponsor Guide – 700

01
Read the AIP Sponsor Guide – 700 thoroughly to understand the requirements.
02
Gather all necessary documents and information required for the application.
03
Fill out each section of the guide step by step, ensuring accuracy and completeness.
04
Review the application for any errors or missing information before submission.
05
Submit the completed AIP Sponsor Guide – 700 to the relevant authority as instructed.

Who needs AIP Sponsor Guide – 700?

01
Individuals or organizations looking to sponsor an AIP (Access and Inclusion Program) application.
02
Professional associations seeking to guide their members in the application process.
03
Compliance officers and administrators responsible for overseeing application submissions.
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People Also Ask about

There are five general project types that may be funded with AIP: 1) Airport Planning, 2) Airport Development, 3) Noise Compatibility Planning, 4) Noise Compatibility Projects and 5) Navigational Aids.
The majority of the Federal Aviation Administration's (FAA) budget comes from the Airport and Airway Trust Fund (AATF), established by the Treasury Department in 1970 to support American aviation infrastructure.
The amount of discretionary funding varies year to year and the awarding of these funds is decided by the FAA with input from INDOT. AIP grants historically have covered 90-95% of an eligible project's cost. The most recent federal funding authorization covers 90% of a project.
Congress established the AATF in the Airport and Airway Revenue Act of 1970 (P.L. 91-258) to provide a dedicated source of federal funding for the aviation system in the United States. Trust fund revenue is derived principally from a variety of taxes paid by users of the national aviation system.
The amount of discretionary funding varies year to year and the awarding of these funds is decided by the FAA with input from INDOT. AIP grants historically have covered 90-95% of an eligible project's cost. The most recent federal funding authorization covers 90% of a project.
Funds obligated for the AIP are drawn from the Airport and Airway Trust fund which is supported by passenger ticket taxes, fuel taxes and other fees. In general, sponsors can use AIP funds on most airfield capital improvements or repairs.
Airports sponsors who accept a grant offer are also accepting conditions and obligations associated with the grant assurances. These include obligations to operate and maintain the airport in a safe and serviceable condition, not grant exclusive rights, mitigate hazards to airspace, and use airport revenue properly.
Funding for AIP grant comes from almost entirely from The Airport and Airways Trust Fund. The fund derives revenue from taxes and fees levied on airplane operations, which include taxes on airplane tickets as well as fuel used by general aviation aircraft.

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The AIP Sponsor Guide – 700 is a document that provides guidelines for sponsors of programs receiving assistance under the AIP (Airport Improvement Program) to ensure compliance with federal regulations.
Entities that receive funding through the AIP, including airport sponsors, must file the AIP Sponsor Guide – 700 to report their compliance and project details.
To fill out the AIP Sponsor Guide – 700, sponsors must provide accurate information on project scope, funding requests, and compliance with applicable regulations, following the instructions outlined in the guide.
The purpose of the AIP Sponsor Guide – 700 is to outline the reporting requirements and facilitate transparent management of federal funds used for airport development projects.
The AIP Sponsor Guide – 700 requires sponsors to report information such as project eligibility, budget details, expenditure reports, and compliance with federal aviation regulations.
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