Augusta Regional Airport (AGS) invites you to the Airport Rescue Grant Concession Relief Stakeholder Meeting.
Augusta Regional Airport (AGS) invites you to the Airport Rescue Grant Concession Relief Stakeholder Meeting.
On March 11, 2021, the President signed the American Rescue Plan Act of 2021 (Public Law 117-2) (ARPA). Section 7102 of ARPA provides approximately $8 billion in economic relief to airports to prevent, prepare for, and respond to the COVID-19 pandemic, including relief from rent and minimum annual guarantees (MAG) for eligible airport concessions at primary airports.
The funds are coming directly from the U.S. Treasury’s General Fund to prevent, prepare for, and respond to the impacts of the COVID-19 pandemic. FAA’s Office of Airports will administer these grant funds to airport sponsors.
AGS received $4.4 million including $283,134 for Concession Relief.
AGS apportioned the money to its in-terminal concessions that met the eligibility criteria in accordance with Airport Coronavirus Response Grant Program (ACRGP) Frequently Asked Questions (FAQs) dated November 24, 2021 https://www.faa.gov/airports/crrsaa/media/ACRGP-FAQs-20211124.pdf. The purpose of the meeting is to inform the apportioned amount and the methodology/formula to the Airport Non-Concession Disadvantaged Business Enterprise (ACDBE) concessions as well as to discuss questions and concerns that may arise.
We welcome your participation.
Date: Friday, April 8, 2022
Time: 10:00
Augusta Regional Airport is inviting you to a scheduled Zoom meeting.
Join Zoom Meeting
https://us02web.zoom.us/j/82181550698?pwd=ekwrNnR1QnYreFZEdjhaRXpWMTJqQT09
Meeting ID: 821 8155 0698
Passcode: 112233
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Meeting ID: 821 8155 0698