FAA EVALUATION OF LONG-TERM CAPITAL LEASING.

SEC. 704. FAA EVALUATION OF LONG-TERM CAPITAL LEASING. (a) In General.—The Administrator may carry out a pilot program in fiscal years 2001 through 2003 to test and evaluate the benefits of long-term contracts for the leasing of aviation equipment and facilities. (b) Period of Contracts.—Notwithstanding any other provision of law, the Administrator may enter into a contract under the program to lease aviation equipment or facilities for a period of greater than 5 years. (c) Number of Contracts.—The Administrator may not enter into more that 10 contracts under the program. (d) Types of Contracts.—The contracts to be evaluated under the program may include contracts for telecommunication services that are provided through the use of a satellite, requirements related to oceanic and air traffic control, air-to-ground radio communications, and air traffic control tower construction.