[Code of Federal Regulations]

[Title 7, Volume 15]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 7CFR3015.56]



[Page 114-115]

 

                          TITLE 7--AGRICULTURE

 

                         CHAPTER XXX--OFFICE OF

                      THE CHIEF FINANCIAL OFFICER,

                        DEPARTMENT OF AGRICULTURE

 

PART 3015_UNIFORM FEDERAL ASSISTANCE REGULATIONS--Table of Contents

 

                   Subpart G_Cost-Sharing or Matching

 

Sec. 3015.56  Appraisal of real property.



    In some cases, it will be necessary to establish the market value of 

land or a building or the fair rental rate of land or of space in a 

building. In these cases, the awarding agency must require that the 

market value or fair rental rate be set by an independent appraiser (or 

by a representative of the U.S. General Services Administration, if 

available) and that the value or rate be certified by a responsible 

official of the party to



[[Page 115]]



which the property or its use is donated. This requirement must also be 

imposed by the recipient on subgrants.