C.F.R. » Title 23 » CHAPTER I—FEDERAL HIGHWAY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION › SUBCHAPTER H—RIGHT-OF-WAY AND ENVIRONMENT › PART 710—RIGHT-OF-WAY AND REAL ESTATE › Subpart G—Concession Agreements

23 C.F.R. § 710.707

Fair market value

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A highway agency shall receive fair market value for any concession agreement involving a federally funded highway.