Federal Land Transfers

Functional replacement of real property in federal ownership shall be in accordance with federal land transfer provisions of
23 CFR 710.509
.
Federal-aid participation in the costs of functional replacement is limited to costs that are actually incurred in the replacement of the acquired land and/or facility and are:
  1. Costs for facilities that do not represent increases in capacity or betterments, except for those necessary to replace utilities, to meet legal, regulatory, or similar requirements, or to meet reasonable prevailing standards; and
  2. Costs for land to provide a site for the replacement facility.