Payment for Appraisals for Negotiation Purposes (for State)
After preparing and submitting appraisal reports to TxDOT, the state's fee appraiser must submit an invoice to TxDOT. The appraiser's fee on the invoice must match the predetermined fee established by the previously executed Professional Real Estate Appraisal Services (PREAS) Contract Work Authorization. Review the payment request to see that charges are in exact accordance with the appraiser's Work Authorization, the right of way map, the assignments made, and the appraisal reports submitted. Review appraisal reports to determine acceptability for payment before (1) authorizing payment of fees and (2) entering necessary data in TxC.
Prepare and process payment requests for a revised or second appraisal the same as for an original appraisal; however, the reappraisal must be authorized on a PREAS Work Authorization or Supplemental Work Authorization.