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. i e .e Appendix H 3. Appraisal review services will be performed pursuant to the terms and conditions of all applicable federal, state, local laws, rules and regulations including, but not limited to, the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (p.L. 91-646,as amended) as implemented by the United states Department of Transportation in 49 C.F.R. Part 24, according to standards outlined in the "Uniform Appraisal Standards for Federal Land Acquisitions" 4. Appraisal review services will be performed by a qualified employee or associate of the contractor. All review appraisers must be a qualified appraiser and meet the minimum standards as required by the sponsor. 5. The contractor shall begin work upon receipt of a formal notification by the sponsor and shall fully complete the review appraisals and furnish to the sponsor (~) copies of such review appraisal within (~) working days after having been notified of the start-up date of this contract through receipt of appraisal reports. 6. Contractor shall abide by decisions made by the spo~sor on questions concerning acceptability of any work performed on the project. All decisions made by sponsor are final. 7. Contractor shall correct any deficient work performed by him on the project and deliver corrected work to sponsor at his own expense. Corrected work shall be delivered to the sponsor at sponsor office within 15 days from date of request for correction of item. 8. It is fully understood and agreed that in the event the' contractor shall fail to perform the work within the time herein provided, the sponsor may, at its sole option, consider the services of the said contractor terminated, and, upon written notice thereof by certified mail to the contractor of such termination, shall not be liable for payment for appraisal reviews submitted after the date: provided, however, that upon application by the contractor, the sponsor in the event of extenuating circumstances, may, at its discretion, expressly grant in writing an extension of time to the contractor. 9. Upon receipt of appraisals from the sponsor, the contractor will perform an appraisal review of each parcel to determine that the appraisal meets the standards of AttachmentN/A. The contractor will be required to perform appraisal reviews of appraisal reports submitted by property owners when requested by the sponsor. A review of this type will receive compensation based on the parcel amount for that parcel as set forth in Paragraph 2. 04/04/91 *As Requested 96