Waiver valuation
Waiver valuation means the valuation process used and the product produced when the agency determines that an appraisal is not required, pursuant to 24.102(2) appraisal waiver provisions. Waiver valuations are not appraisals as defined by the Uniform Act and this part.
Source
49 CFR § 24.2
Scoping language
Definitions. Unless otherwise noted, the following terms used in this part shall be understood as defined in this section: