This report presents the results of our audit of the Federal Aviation Administrations (FAA) oversight of inactive Airport Improvement Program (AIP) grant obligations. The objectives of our audit were to: (1) assess the effectiveness of FAAs policies and procedures for identifying, reviewing, and de-obligating unneeded AIP grant obligations and (2) determine the extent to which unneeded AIP grant obligations should be liquidated and put to better use on other projects or returned to the Airport and Airway Trust Fund (Trust Fund). Based on our initial results, we limited our audit to inactive and old AIP grants,administered by FAAs New England, Southwest, and Western-Pacific regional offices. We conducted the audit from June 2006 through May 2007 in accordance with generally accepted Government Auditing Standards prescribed by the Comptroller General of the United States. Exhibit A details our audit scope and methodology.


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    Title :

    FAA'S Oversight of Inactive Airport Improvement Program Grant Obligations


    Publication date :

    2007


    Size :

    17 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English





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