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• • ) on parcels valued in excess of $1,000 when the prop- erties are of a complex or unusual nature or when- ever the appraised value is expected to exceed $50,000, and in the cost of up to two additional appraisals in condemnation cases when litigation is imminent and deemed necessary by the Sponsor. Federal participation may be allowed in the cost of more than the number of appraisals provided for above when: (1) Additional appraisals have been requested by FAA, or (2) When the Sponsor, in special or unusual cir- cumstances, has requested and received prior approval for Federal participation in the cost of additional appraisals. Requests and ap- provals may be on specific parcels or on a project basis covering specific types of ac- quisitions. Approval will be given only on the basis that such expenditure is in the public interest. 28. APPRAISER QUALIFICATIONS. The appraisals prepared for use in ADAP/FAAP proj- ects are to be prepared by staff or fee appraisers ade- quately qualified as to education, experience and credentials for the property being appraised. The appraiser will have no personal interest, present or prospective, in the property being appraised. a. Qualifications. The Sponsor is expected to establish qualifications required of all appraisers and reviewing appraisers used by it to appraise or review appraisals of real property to be acquired for ADAP/FAAP projects in which Federal funds will participate in any part of the cost of the project. b. Fee Appraisers. The Sponsor should secure only appraisers that are qualified for the particular job to be done. It is necessary for the appraiser's ability to be evaluated on an individual basis. In ad- dition to having minimal education and experience qualifications, fee appraisers should have verified specific appraisal experience in the type of property they are employed to appraise. c. Reviewing Appraiser. A reviewing appraiser should be the best qualified. Every reviewing ap- praiser is to have knowledge of the principles and techniques pertinent to appraising and the ability to independently appraise properties of the type for which he is to review appraisal reports by others. Where a Sponsor does not employ qualified review appraisers on its staff, the Sponsor should hire a fee review appraiser. 29. APPRAISAL FEES, CONTRACTS AND AGREEMENTS. a. Employment of Fee Appraisers and Specialists. The FAA will participate in the cost of employing fee appraisers and specialists to provide cost studies, estimates or appraisals under ADAP/FAAP when: (1) The Sponsor determines that such employ- ment is necessary to efficiently complete the project. A fee appraisal or specialist report is needed for use in a condemnation case. The unusual character of the work requires the services of a person or persons with highly specialized knowledge and experience not available on the Sponsor's staff. b. Fees. Appraisal fees will be determined by the following: (1) The basis of payment set forth in the agree- ment covering more than one parcel will not be computed on an average rate per parcel. The agreement will itemize the actual amount to be paid per parcel or such item- ization should be by a separate statement. (2) Provision should be made in the agreement for a per diem rate to be paid to the fee appraiser or specialist in the event court ap- pearances or conferences preparatory thereto become necessary. This contingent cost will be separate and apart from the fee or the overall limit specified in the agreement for completion of the services covered by the agreement. There will be no Federal reimbursement for compensation paid by an acquiring agency for revision or correction of a report required by the appraiser's or specialist's fail- ure to comply with contract specifications and standards in the agreement. (4) There will be no Federal participation in the appraisal or specialist fee where the fee is determined as a percentage of the appraised or assessed value, nor will sole consideration be given to the appraised value in such ap- praisal when considering the reasonable ac- quisition cost. The amount of the fee will represent a fair payment for the services performed whether it be for the initial valuation, a new valua- tion occasioned by a change in the taking, or a subsequent updating requested by the Sponsor. In the case of a new valuation or (2) (3) (3) (5) 13