Is the quarterly and annual financial and statistical data required of Class 1 railroads subject to audit, review or validation by the STB?
The R-1 Annual Report is subject to review by Agreed Upon Procedures (AUP) as provided in Ex Parte No. 460. The AUP’s are agreed to between the Board and the independent public accountants whom perform the work and issue a report, subject to review and approval of the Board. Quarterly information submitted by the Class1 railroads is not subject to any review by the Board. It is placed on the website with appropriate disclaimer.
Related Questions
- Is the quarterly and annual financial and statistical data required of Class 1 railroads subject to audit, review or validation by the STB?
- What financial and statistical documents are required of Class I railroads by the Surface Transportation Board and when are they due?
- How does the public obtain copies of financial and statistical data submitted by the railroads to the STB?
