FAA Quickly Awarded CARES Act Funds but Can Enhance Its Oversight Approach To Promote Effective Stewardship
Audit · Department of Transportation OIG · 2022-07-18 · about Department of Transportation
Report
Title
FAA Quickly Awarded CARES Act Funds but Can Enhance Its Oversight Approach To Promote Effective Stewardship
Submitting OIG
Department of Transportation OIG
Component agency
Department of Transportation
Type
Audit
Publication date
2022-07-18
Summary
What We Looked AtThe Coronavirus Aid, Relief, and Economic Security (CARES) Act provided the Federal Aviation Administration (FAA) with $10 billion to help airports deal with the public health emergency caused by Coronavirus 2019 (COVID-19). FAA awarded $9.1 billion in grants to airports nationwide, using its existing Airport Improvement Program (AIP) to distribute the funds.