The Economic and Safety Impacts of Performance-Based Regulation and Consensus Standards
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2015-03-12
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Edition:Final report; February 2015
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Abstract:In response to Public Law 113-53, the “Small Aircraft Revitalization Act of 2013,” the Federal Aviation Administration (FAA) is conducting a rule-making to reorganize part 23 of the Federal Aviation Regulations (FAR) related to airworthiness standards for small aircraft. The reorganization of part 23 will involve replacing current prescriptive requirements with performance-based regulations and streamlining the approval of safety advancements by using consensus standards to clarify how the objectives in part 23 can be met using specific designs and technologies. The text of the Small Aircraft Revitalization Act mentions several motivations for the changes including: improving safety, reducing regulatory compliance costs, spurring innovation and technology adoption. Further, as the title of the law suggests, it is hoped that these changes will revitalize the small aircraft manufacturing industry. This report investigates whether performance-based regulation (PBR) or streamlining of regulatory approval via use of industry consensus standards in other sectors has resulted in the positive outcomes anticipated in relation to the part 23 reorganization.
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