---
kind: "section"
citation: "23 C.F.R. § 710.701"
title: "23"
number: "710.701"
heading: "Purpose."
url: "https://uscodex.org/cfr/23/710.701"
---

# §710.701. Purpose.


The purpose of this subpart is to prescribe the standards that ensure fair market value is received by a highway agency under concession agreements involving federally funded highways.


## Notes

### Authority

Authority: 23 U.S.C. 156 and 315; 23 CFR 1.32; 49 CFR 1.48.

### Source

Source: 73 FR 77503, Dec. 19, 2008, unless otherwise noted.

### Authority

Authority: Secs.1302 and 1321, Pub. L. 112-141, 126 Stat. 405. Sec. 1307, Pub. L. 105-178, 112 Stat. 107; 23 U.S.C. 101(a), 107, 108, 111, 114, 133, 142(f), 156, 204, 210, 308, 315, 317, and 323; 42 U.S.C. 2000d et seq., 4633, 4651-4655; 2 CFR 200.311; 49 CFR 1.48(b) and (cc), parts 21 and 24; 23 CFR 1.32.

### Source

Source: 64 FR 71290, Dec. 21, 1999, unless otherwise noted.