RFP: Developing Lease Terms for New General Aviation (GA) Development

TRB’s Airport Cooperative Research Program (ACRP) has issued a request for proposals to prepare a digest including the following: short background on relevant legal issues (e.g., airport owner’s authority to contract, application of FAA Grant Assurances, and relationship to existing leases); inventory of issues that commonly arise in the drafting, negotiation, and administration of GA leases (presented as a checklist, table of contents and/or heads of terms); exemplar lease provisions where such model is available; and key differences in lease terms based on the type of agreement and user. The successful proposer will be responsible for presenting an outline and approach for organizing these subjects in a user-friendly and logical manner.
Proposals are due May 19, 2021 at 5:00 PM Eastern.

This Summary Last Modified On: 3/17/2021

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