US lawFederal (United States)RegulationsTitle 23 CFR — HighwaysChapter I — FEDERAL HIGHWAY ADMINISTRATION, DEPARTMENT OF TRANSPORTATIONPart 710 — RIGHT-OF-WAY AND REAL ESTATESubpart G — Concession Agreements710.70723 C.F.R. § 710.707Fair market value.Last amended: 2017Year: 2026Length: 17 wordsOfficial source Cite as 23 C.F.R. § 710.707 (2026)A highway agency shall receive fair market value for any concession agreement involving a federally funded highway.Previous23 C.F.R. § 710.705Next23 C.F.R. § 710.709