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New Audit Announcements

Date

Evaluation Initiated of High Speed Rail Forecasting Best Practices

Project ID
10U3009C000
File Attachment

The Office of Inspector General is initiating an evaluation of High Speed Rail (HSR) and Intercity Passenger Rail (IPR) forecasting practices. The objectives of this evaluation are to: (1) assess the strengths and weaknesses of various methodologies used to develop HSR and IPR ridership and revenue forecasts, cost estimates and public benefits valuations; and (2) identify best practices in the preparation of these forecasts.