Construct/modify/improve/rehabilitate hangar

Active Project Grant Awarded

Award ID
35100020312024
Recipient
Awarding agency
Obligated
$326,667

Award facts

Completion date 60% complete
Funding
  • $294,000.00 Federal
  • $32,666.67 Non-federal
Place of performance
Blacksburg, VA, USA

Award details come from USAspending.gov.

About this award

This $326,666.67 Project Grant awarded on June 7, 2024 by the U.S. Department of Transportation Federal Aviation Administration (FAA) under the Airport Improvement Program (CFDA 20.106) will fund the construction of three new 3,600 square foot box hangars for aircraft storage, maintenance, and service at the Virginia TECH Montgomery Regional Airport in Blacksburg, Virginia. This grant represents Phase Two of a four-phase infrastructure improvement project to help the airport become more self-sustaining by generating revenue from hangar leases and maintenance services. The funding will enable the local Airport Authority to enhance the airport's facilities and services to better support aviation demand in the Blacksburg region.

Description

Activities and expected outcomes
This project constructs three new 3,600 square foot box hangars for aircraft storage, maintenance, or service to assist the airport to be as self-sustaining as possible by generating revenue. This grant funds phase two of a four phase project. Intended beneficiary: this grant will provide federal funding for airports associated with blacksburg, virginia.

Quick answers

Who received award 35100020312024?

35100020312024 was awarded to Virginia TECH Montgomery Regional Airport Authority by Eastern Region (Federal Aviation Administration) on June 7, 2024.

How much is award 35100020312024 worth?

$326,667 has been obligated on 35100020312024: $294,000 in federal funding and $32,667 in non-federal funding.

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