Federal Register #2026-17327

Intent to Extend Approval for Rail Depreciation Studies Collection

The Surface Transportation Board (STB), part of the Department of Transportation, is announcing its intent to extend approval for the collection of Rail Depreciation Studies. - Government Buyer: - Surface Transportation Board (STB), Department of Transportation - Purpose: - Extension of approval for information collection related to Rail Depreciation Studies - Respondents: - Six Class I railroads required to submit studies - Products/Services Requested: - No physical products or services; requirement is for bi-annual submission of depreciation studies - Studies used to prescribe depreciation rates for railroad property and determine operating expenses for regulatory proceedings - Unique Requirements: - Bi-annual submission frequency - Equipment property studies required at least every three years - Road property studies required at least every six years - Estimated annual burden: 360 hours and $36,000 in costs - Regulatory necessity for information collection under the Paperwork Reduction Act - No OEMs or vendors are involved, as this is an information collection notice, not a procurement opportunity.

Description

The Surface Transportation Board (STB) intends to seek approval from the Office of Management and Budget (OMB) for an extension of the collection of Rail Depreciation Studies. This collection involves Class I railroads submitting depreciation studies bi-annually to prescribe depreciation rates for railroad property. The information is used to determine operating expenses and support various proceedings before the Board, such as rate reasonableness cases. Comments on this information collection are requested by September 24, 2026.

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