CM Training – AAAE {AMT 444} Final Verified
Multiple Choice and Conceptual Actual
Frequently Tested Exam Questions With
Reviewed 100% Correct Detailed Answers
Guaranteed Pass!!Current Update!!
1. FAA's Rates and Charges Policy - ANSWER Provides guidance on setting
of fess to ensure they are fair, reasonable, and not unjustly discriminatory.
2. FAA relies on the sponsor to oversee compliance, charges must attempt to
make the airport as self-sustaining as possible, can only expend money on
allowable purposes, charges must not discriminate against foreign carriers
3. What are the 4 types of rate setting at airports? - ANSWER 1. Residual -
the airline(s) cover the additional expenses of the airport
2. Compensatory - sponsor assumes all liability for airport costs, and retains all
revenue
3. Hybrid - combo of Residual and Compensatory that can result in the airlines
sharing in airport revenue
4. Public subsidy - local government agency offsets the difference between the
revenue and expenses by subsidizing the airport's operation
4. What is a rate base? - ANSWER The total of all costs associated with
providing airfield facilities and services. Reasonable methodologies may
include historic cost valuation, direct negotiation with aero users, or
, objective determination of fair market value (appraisal). Rate setting
methodology must consistently apply to similarly situated aero users, and
conform with FAA policies.
5. What can base rates include? - ANSWER Cost of airfield facilities,
services for aero users (eg snow removal), meet certain agreements, debt
service, cash reserves, environmental costs
6. Airports can make reasonable distinctions between what 2 users? -
ANSWER Signatory carriers and non-signatory carriers
7. Federal procurement policies don't apply to what type of projects? -
ANSWER Passenger Facility Charge funded projects
8. For federal projects over ________, the airport must receive a bid
guarantee equal to 5% of the bid project. - ANSWER $100,000
9. When is it acceptable to use a single source on a federal funded project? -
ANSWER When an item/service is only available from one source
10.What system is used to allow, restrict, or track the movement of individuals
who have been issued airport credentials? - ANSWER Physical Access
Control System
11.What kind of cyber attack would cause the automated vehicle ID system to
go offline? - ANSWER Denial of Service
,12.What kind of insurance covers damage to aircraft while on airport property?
- ANSWER Hangar Keepers
13.Periodic valuation of property to set new rates is what type of lease? -
ANSWER Reevaluation
14.Which concession lease approach is most risky for the airport? - ANSWER
Traditional, where the airport manages and directly leases the space.
15.According to the FAA, what is the fundamental purpose of the Aeronautical
Use Agreement? - ANSWER To grant operating rights to the airlines
16.What is typically NOT AIP eligible? - ANSWER Parking garage,
computers, communication systems not used for safety and security,
wildlife plans, road construction, landscaping, surface transportation
surveys, or hangars or fuel farms at primary airports
17.What category has the highest priority for AIP funding? - ANSWER
Safety and security
18.What type of bonds require voter approval and are closely linked with state
and municipalities? - ANSWER General Obligation (GO) bonds
19.Federal procurement requirements are required for what type of
processes? - ANSWER AIP money
, TSA grants
Other Transaction Agreements (OTAs)
20.FAA prefers what type of contract? - ANSWER Fixed rate (because it's
easier to audit). Will do a Time and Materials contract with an exception.
21.Value Engineering (VE) - ANSWER Promotes the substitution of
materials and methods with less expensive alternatives that do not
compromise functionality
22.Construction contracts require performance and payment bonds equaling
_______% of the contract - ANSWER 100%
23.Federally funded projects exceeding __________ must be publically
advertised for at least ____ days. - ANSWER $100,000
30
24.Contracts go to whom under the sealed bid method? - ANSWER Lowest
responsive and responsible bidder
25.Request for Proposal (RFP) process is not limited to the lowest price, but
instead considers what factors? - ANSWER Approach, qualifications,
experience, and personnel
Multiple Choice and Conceptual Actual
Frequently Tested Exam Questions With
Reviewed 100% Correct Detailed Answers
Guaranteed Pass!!Current Update!!
1. FAA's Rates and Charges Policy - ANSWER Provides guidance on setting
of fess to ensure they are fair, reasonable, and not unjustly discriminatory.
2. FAA relies on the sponsor to oversee compliance, charges must attempt to
make the airport as self-sustaining as possible, can only expend money on
allowable purposes, charges must not discriminate against foreign carriers
3. What are the 4 types of rate setting at airports? - ANSWER 1. Residual -
the airline(s) cover the additional expenses of the airport
2. Compensatory - sponsor assumes all liability for airport costs, and retains all
revenue
3. Hybrid - combo of Residual and Compensatory that can result in the airlines
sharing in airport revenue
4. Public subsidy - local government agency offsets the difference between the
revenue and expenses by subsidizing the airport's operation
4. What is a rate base? - ANSWER The total of all costs associated with
providing airfield facilities and services. Reasonable methodologies may
include historic cost valuation, direct negotiation with aero users, or
, objective determination of fair market value (appraisal). Rate setting
methodology must consistently apply to similarly situated aero users, and
conform with FAA policies.
5. What can base rates include? - ANSWER Cost of airfield facilities,
services for aero users (eg snow removal), meet certain agreements, debt
service, cash reserves, environmental costs
6. Airports can make reasonable distinctions between what 2 users? -
ANSWER Signatory carriers and non-signatory carriers
7. Federal procurement policies don't apply to what type of projects? -
ANSWER Passenger Facility Charge funded projects
8. For federal projects over ________, the airport must receive a bid
guarantee equal to 5% of the bid project. - ANSWER $100,000
9. When is it acceptable to use a single source on a federal funded project? -
ANSWER When an item/service is only available from one source
10.What system is used to allow, restrict, or track the movement of individuals
who have been issued airport credentials? - ANSWER Physical Access
Control System
11.What kind of cyber attack would cause the automated vehicle ID system to
go offline? - ANSWER Denial of Service
,12.What kind of insurance covers damage to aircraft while on airport property?
- ANSWER Hangar Keepers
13.Periodic valuation of property to set new rates is what type of lease? -
ANSWER Reevaluation
14.Which concession lease approach is most risky for the airport? - ANSWER
Traditional, where the airport manages and directly leases the space.
15.According to the FAA, what is the fundamental purpose of the Aeronautical
Use Agreement? - ANSWER To grant operating rights to the airlines
16.What is typically NOT AIP eligible? - ANSWER Parking garage,
computers, communication systems not used for safety and security,
wildlife plans, road construction, landscaping, surface transportation
surveys, or hangars or fuel farms at primary airports
17.What category has the highest priority for AIP funding? - ANSWER
Safety and security
18.What type of bonds require voter approval and are closely linked with state
and municipalities? - ANSWER General Obligation (GO) bonds
19.Federal procurement requirements are required for what type of
processes? - ANSWER AIP money
, TSA grants
Other Transaction Agreements (OTAs)
20.FAA prefers what type of contract? - ANSWER Fixed rate (because it's
easier to audit). Will do a Time and Materials contract with an exception.
21.Value Engineering (VE) - ANSWER Promotes the substitution of
materials and methods with less expensive alternatives that do not
compromise functionality
22.Construction contracts require performance and payment bonds equaling
_______% of the contract - ANSWER 100%
23.Federally funded projects exceeding __________ must be publically
advertised for at least ____ days. - ANSWER $100,000
30
24.Contracts go to whom under the sealed bid method? - ANSWER Lowest
responsive and responsible bidder
25.Request for Proposal (RFP) process is not limited to the lowest price, but
instead considers what factors? - ANSWER Approach, qualifications,
experience, and personnel
