FAA, EASA Sign Agreement To Lower Validation Costs | Aviation International News

Regulations and Government

FAA, EASA Sign Agreement To Lower Validation Costs

The agreement is part of a larger effort to ease product valdiations.

By Kerry Lynch • Editor, AIN monthly magazine

June 27, 2018

The FAA and EASA recently took further steps to ease product validations, including signing a new agreement that will result in lower approval fees. The Bilateral Oversight Board Decision 0008 (BOB 0008) was endorsed during the 17th Annual FAA-EASA International Safety Conference held last week in Washington, D.C., essentially outlining the parameters of involvement of the validating agency, the amount of time, and percent of fees that will be assessed for various validations.

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