Which of the following is NOT a component of Grant Assurances?

The chosen answer is correct because grant assurances primarily focus on ensuring that airports are maintained, operated, and developed in a manner that serves the public interest, is financially viable, and adheres to federal guidelines. The components include commitments to maintain the airport in good condition, operate in the public interest, and generate revenue for aviation needs, ensuring sustainable operations and investment in infrastructure.

The notion of granting exclusive rights to all tenants does not align with the broader objectives of grant assurances. Instead, these assurances promote equal access and fair competition among various airport users and tenants, which is essential for fostering a healthy aviation environment. Exclusive rights could conflict with the principles of providing equitable service and access to the facilities available at the airport. Therefore, option C is not a component of the grant assurances.