Gary - Following the link provided in the sUAS article on the FAA NPRM, it states - Additional Information: Total estimated costs are $168.7M PV. Total estimated benefits are 342.8M PV (based on May 4, 2012 reg. eval. draft).
What does PV mean? Is this the budget for drafting the new rules?
Many years ago the FAA renumbered FAR Part 61 to move everything to odd-numbered paragraphs. When you see an even number, you know that the information was inserted since the Great Renumbering in 1991. Every Flight Instructor had to go out and buy a new Aviation Information Manual because we often referred to the AIM during training.
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I'll admit, it took me longer than it probably should have to realize that this was satirical...
PV = Present Value.
lol
Gary - Following the link provided in the sUAS article on the FAA NPRM, it states - Additional Information: Total estimated costs are $168.7M PV. Total estimated benefits are 342.8M PV (based on May 4, 2012 reg. eval. draft).
What does PV mean? Is this the budget for drafting the new rules?
Sadly the NPRM you must worry about has slid yet again
Number 3 is more real than you realize -
Many years ago the FAA renumbered FAR Part 61 to move everything to odd-numbered paragraphs. When you see an even number, you know that the information was inserted since the Great Renumbering in 1991. Every Flight Instructor had to go out and buy a new Aviation Information Manual because we often referred to the AIM during training.
That's great. For a second I thought it was real !
I'm glad it's easier to clean off a tablet than a keyboard and screen. That is funny and so very correct.
<snort>
:)
Ha!
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