Author: K.J. Kim

Whitepaper – Simulation for Airport Benefit Cost Analysis (BCA)

Whitepaper – Simulation for Airport Benefit Cost Analysis (BCA)

BCA is a valuation technique that is used to assess and compare alternative options to provide investment justification. The FAA requires BCAs for airport capacity projects with capital investments of over $10 million from Airport Improvement Program (AIP) discretionary funds. But realistically, they can also be requested for smaller projects. The FAA published the Airport […]

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