Sec. 151.129 - Payments.
(a) The United States' share of advance
planning costs is paid in two installments unless the advance planning
grant agreement provides otherwise. Upon request by sponsor, the first
payment may be made in an amount not more than 50 percent of the maximum
obligation of the United States stipulated in the advance planning grant
agreement upon certification by sponsor that 50 percent or more of the
proposed work has been completed. The final payment is made upon the
sponsor's request after --
(1) The conditions of the advance
planning grant agreement have been met;
(2) Evidence of cost of each item has
been submitted; and
(3) Audit of submitted evidence or audit
of sponsor's records, if considered desirable by FAA, has been made.
(b) When the advance planning proposal
relates to the selection of an airport site, the advance planning grant
agreement provides that Federal funds are paid to the sponsor only after
the site is selected and the Administrator is satisfied that the site
selected for the airport is reasonably consistent with existing plans of
public agencies for development of the area in which the site is located,
and will contribute to the accomplishment of the purposes of the
Federal-aid Airport Program.