By Melissa Yeager | The Republic
A new bill proposed by Sen. Kyrsten Sinema aims to speed up the amount of time it takes to finish airport projects by allowing airports to offer financial incentives to companies who finish ahead of time and under budget.
The Expedited Delivery of Airport Infrastructure Act is a bipartisan effort by Sinema and Sen. Todd Young (R-Ind.).
The bill would allow airports to use up to $1 million from Airport Improvement Program funds to offer incentives to contractors to finish projects early. The hope is those incentives would also lead to cost savings as well as improved airport efficiency and capacity.