19A NCAC 06C .0125 TIME LIMITS ON CONSTRUCTION OF THE PROJECT
All projects receiving State Aid to Airports shall get underway and be completed without undue delay. The Grant Agreement for the project shall stipulate the completion time expected for the project. The Agreement shall provide at least one year from the time of the offer of the Grant Agreement to complete the project. The maximum time allowed shall be two years, unless the project involves complex procedures for which additional time is needed. Failure to complete the project within the stipulated time period may be cause for cancellation of the project.
History Note: Authority G.S. 63‑66; 63‑68;
Eff. November 1, 1991;
Amended Eff. December 1, 1993.