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Expediting Airport Construction: New Contractor Payment Rules.

This act aims to speed up the construction and modernization of airports in the U.S. It allows for additional payments to contractors if they complete projects ahead of schedule, potentially leading to quicker opening of new terminals or runways. This could make air travel more convenient and efficient, and airports better prepared for increasing passenger traffic.
Key points
Allows for incentive payments to contractors for early completion of airport development projects.
Incentive payments are capped at the lesser of 5% of the contract amount or $1,000,000.
The goal is to increase airport capacity and efficiency, and potentially save costs by shortening project durations.
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Expired
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Additional Information
Print number: 117_S_2053
Sponsor: Sen. Young, Todd [R-IN]
Process start date: 2021-06-15
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Expedited Delivery of Airport Infrastructure Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2053.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-06-15.

What are the main provisions?

Key points include:

  • Allows for incentive payments to contractors for early completion of airport development projects.
  • Incentive payments are capped at the lesser of 5% of the contract amount or $1,000,000.
  • The goal is to increase airport capacity and efficiency, and potentially save costs by shortening project durations.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Young, Todd [R-IN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Transport Public Investments