---
kind: "section"
citation: "14 C.F.R. § 152.323"
title: "14"
number: "152.323"
heading: "Budget revision: Airport development."
url: "https://uscodex.org/cfr/14/152.323"
---

# §152.323. Budget revision: Airport development.

- (a) If any performance review conducted by the sponsor discloses a need for change in the budget estimates, the sponsor shall submit a request for budget revision on a form prescribed by the Administrator.
- (b) A request for prior approval for budget revision shall be made promptly by the sponsor whenever—
  - (1) The revision results from changes in the scope or objective of the project; or
  - (2) **The revision increases the budgeted amounts of Federal funds needed to complete the project.**
- (c) The sponsor shall promptly notify the FAA whenever the amount of the grant is expected to exceed the needs of the sponsor by more than $5,000, or 5 percent of the grant amount, whichever is greater.

## Notes

### Source

Source: Docket 19430, 45 FR 34791, May 22, 1980, unless otherwise noted.

### Authority

Authority: 49 U.S.C. 106(g), 47106, 47127.

### Source

Source: Docket 19430, 45 FR 34784, May 22, 1980, unless otherwise noted.