[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 468 Engrossed in House (EH)]

<DOC>
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
117th CONGRESS
  1st Session
                                H. R. 468

_______________________________________________________________________

                                 AN ACT


 
 To amend title 49, United States Code, to permit the use of incentive 
  payments to expedite certain federally financed airport development 
                               projects.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Expedited Delivery of Airport 
Infrastructure Act of 2021''.

SEC. 2. ALLOWABLE COST STANDARDS FOR AIRPORT DEVELOPMENT PROJECTS.

    (a) In General.--Section 47110(b)(1) of title 49, United States 
Code, is amended--
            (1) by striking ``(1) if the cost necessarily'' and 
        inserting ``(1)(A) if the cost necessarily'';
            (2) by striking the semicolon at the end and inserting ``; 
        or''; and
            (3) by adding at the end the following:
            ``(B) if the cost is an incentive payment incurred in 
        carrying out the project described in subparagraph (A) that is 
        to be provided to a contractor upon early completion of a 
        project, if--
                    ``(i) such payment does not exceed the lesser of 5 
                percent of the initial construction contract amount or 
                $1,000,000;
                    ``(ii) the level of contractor's control of, or 
                access to, the worksite necessary to shorten the 
                duration of the project does not negatively impact the 
                operation of the airport;
                    ``(iii) the contract specifies application of the 
                incentive structure in the event of unforeseeable, non-
                weather delays beyond the control of the contractor;
                    ``(iv) nothing in any agreement with the contractor 
                prevents the airport operator from retaining 
                responsibility for the safety, efficiency, and capacity 
                of the airport during the execution of the grant 
                agreement; and
                    ``(v) the Secretary determines that the use of an 
                incentive payment is likely to increase airport 
                capacity or efficiency or result in cost savings as a 
                result of shortening the project's duration;''.
    (b) Technical Correction.--Section 47110(e)(7) of title 49, United 
States Code, is amended in the heading by striking ``Partnership 
Program Airports'' and inserting ``Partnership program airports''.

            Passed the House of Representatives June 15, 2021.

            Attest:

                                                                 Clerk.
117th CONGRESS

  1st Session

                               H. R. 468

_______________________________________________________________________

                                 AN ACT

 To amend title 49, United States Code, to permit the use of incentive 
  payments to expedite certain federally financed airport development 
                               projects.