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Just Compensation
Agency official must determine the just compensation offer based on:
Waiver valuation.
Approved appraisal.
Staff review appraiser may be authorized by agency to perform this function.
Notes:
Just compensation is an agency responsibility. While this is not a new concept, it does apply to the waiver valuations. In addition, the agency may authorize a staff review appraiser or other agency official to approve the just compensation amount.
The critical point is that it must be done in-house by the acquiring agency. Contract staff may not make the determination. The agency must authorize a staff review appraiser or other agency official to approve the just compensation amount.
Waiver valuations are valid alternative inputs to the determination of the offer of just compensation. When a waiver valuation is used, the just compensation offer still needs to be determined independently.
To provide feedback, suggestions or comments for this page, contact Arnold Feldman arnold.feldman@fhwa.dot.gov