Economic Values for FAA Investment and Regulatory Decisions. A Guide

摘要

This report provides an update of economic values used in investment and regulatory decisions of the Federal Aviation Administration (FAA). This report follows previous guidance in this area but expands upon the number of economic values included and reflects greater industry participation in the development of specific values. The Aviation Rulemaking Cost Committee (ARCC) was established by FAA Order 1110.132, dated September 13, 2002. It resulted from recommendations of FAAs Management Advisory Council (MAC) that standardized methods and costs to be used in all regulatory economic analyses to the extent possible. The objective of the ARCC was to recommend new standardized methodologies and cost assumptions that could be used in performing regulatory evaluations, including industry comment and update on those standardized methods and values that are already established by the FAA.