Specifications include, but are not limited to: The Rail and Aviation Bureau of the Policy, Planning and Intermodal Development Division of the Vermont Agency of Transportation, hereinafter referred to as VTrans, is seeking proposals for the purchase of or long-term lease of the Caledonia County State Airport. The conveyance of the Airport property will be by warranty deed according to the terms of the purchase and sale agreement or through a long-term lease. The proposals must consider a multitude of factors including presentation of a business plan, anticipated investments to address any deficiencies or necessary repairs and to ensure that the airport continues to operate as a public-use airport in perpetuity and that the airport continues to be identified as a public use airport within the Federal Aviation Administration (FAA) National Plan of Integrated Airport Systems subject to federal determination. Sale or lease of the airport requires final Federal Aviation Administration approval. Details of requirements can be found in Attachment B: Conveyance Requirements.