What does an airport operator include in their Capital Improvement Plan?

The Capital Improvement Plan (CIP) serves as a comprehensive blueprint for airport development and enhancements over time. A primary aspect of a well-structured CIP is that it outlines a working document that delineates the airport operator's proposed projects over an extended timeframe, typically ranging from 5 to 6 years. This long-term perspective is crucial, as it allows for strategic planning, budgeting, and prioritization of projects essential for the maintenance and growth of airport infrastructure.

The inclusion of specific projects and timelines within this timeframe also facilitates coordinated efforts in funding acquisition, community engagement, and stakeholder communication. Furthermore, a detailed CIP supports decision-making processes related to investment in capital assets and ensures that airport operators are prepared to address future needs as air travel demand and regulatory requirements evolve.

By focusing on projects over multiple years, the CIP also helps maintain continuity in project planning, ensuring that airports are not only prepared for immediate needs but also for future developments, making option D the most accurate reflection of what an airport operator includes in their Capital Improvement Plan.