Need for improved controls over appraisal reports supporting prices paid to acquire land for highways: in the states of South Carolina and Tennessee [by the] Federal Highway Administration, Department of Transportation
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additional adequacy of appraisal adequate documentation adequately supported opinion appraisal deficiencies appraisal documentation appraisal elements considered appraisal guidelines appraisals questioned basis for Federal believe Bureau officials Bureau's guidelines capitalization rates Carolina and Tennessee commenting comparable property comparable sales compliance with Bureau conditions commented corrective action cost approach December 30 deficiencies noted division auditors division engineer division office eligible for Federal erties examined fair market value Federal Highway Administrator Federal highway officials Federal participation Federal reimbursement follow-up review formally advising indicated inspection-in-depth Interstate System land economic mentation of-way opinion of value parcels participation in right-of-way policies and procedures ported practices and procedures praisal reports property being appraised property owners quired reau recommendations regard remainder properties review showed review team reviewing appraiser right-of right-of-way activities right-of-way costs right-of-way personnel right-of-way practices second appraisal Secretary of Transportation significant South Carolina spot-check reviews State's appraisal tion view team weaknesses withheld