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49 CFR PARTS 229, 234, 235, AND 236: Positive Train Control Systems: Regulatory Impact Analysis
FRA is required to analyze the final rule under Executive Order 12866. FRA’s analysis presents a 20-year analysis of the costs and benefits associated with FRA’s final rule, using both 7 percent and 3 percent discount rates, including net present value (PV) and annualized value, which is the...Prepared Remarks for FRA Administrator at The American Road & Transportation Builders Association's 15th Annual Conference
Introduction: Thanks so much for the invitation to talk with you this morning. I must confess that when Rich Juliano invited me to do this, I asked him how many people had turned him down that he would invite a rail guy to a gathering like this. He assured me that I was really...