[Code of Federal Regulations]

[Title 14, Volume 3]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 14CFR151.31]



[Page 97]

 

                     TITLE 14--AERONAUTICS AND SPACE

 

CHAPTER I--FEDERAL AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION 

                               (CONTINUED)

 

PART 151_FEDERAL AID TO AIRPORTS--Table of Contents

 

     Subpart B_Rules and Procedures for Airport Development Projects

 

Sec. 151.31  Procedures: Grant agreement.



    (a) An offer by the Administrator, and acceptance by the sponsor, as 

set forth in Sec. 151.29, constitute a grant agreement between the 

sponsor and the United States. Except as provided in Sec. 151.41(c)(3), 

the United States does not pay, and is not obligated to pay, any part of 

the project costs that have been or may be incurred, before the grant 

agreement is executed.

    (b) The Administrator and the sponsor may agree to a change in a 

grant agreement if--

    (1) The change does not increase the maximum obligation of the 

United States under the grant agreement by more than 10 percent;

    (2) The change provides only for airport development that meets the 

requirements of subparts B and C; and

    (3) The change does not prejudice the interests of the United 

States.

    (c) When a change is agreed to, the Administrator issues a 

supplemental agreement incorporating the change. The sponsor must accept 

the supplemental agreement in the manner provided in Sec. 151.29(c).



[Doc. No. 1329, 27 FR 12351, Dec. 13, 1962, as amended by Amdt. 151-8, 

30 FR 8040, June 23, 1965]