Project costs.

CFR · 2024-01-01 · US · Title 14

(a) For the purposes of subparts B and C, project costs consist of any costs involved in accomplishing a project, including those of— (1) Making field surveys; (2) Preparing plans and specifications; (3) Accomplishing or procuring the accomplishing of the work; (4) Supervising and inspecting construction work; (5) Acquiring land, or an interest therein, or any casement through or other interest in airspace; and (6) Administrative and other incidental costs incurred specifically in connection with accomplishing a project, and that would not have otherwise been incurred. (b) The costs described in paragraph (a) of this section, including the value of land, labor, materials, and equipment donated or loaned to the sponsor and appropriated to the project by the sponsor, are eligible for consideration as to their allowability, except for— (1) That part of the cost of rehabilitation or repair for which funds have been appropriated under section 17 of the Federal Airport Act (49 U.S.C. 1116); (2) That part of the cost of acquiring an existing private airport that represents the cost of acquiring passenger automobile parking facilities, buildings to be used as hangars, living quarters, or for nonairport purposes, at the airport, and those buildings or parts of buildings the construction of which is not airport development within the meaning of § 151.35(a); (3) The cost of materials and supplies owned by the sponsor or furnished from a source of supply owned by the sponsor if— (i) Thos

official document · source cfr-2024 · id 14:§ 151.41