Amtrak's Loan Condition 8
We issued a letter to the Secretary Mineta, FRA Administrator Rutter, and the House and Senate Appropriations Committees on Amtrak's compliance with condition 8 of its Railroad Rehabilitation and Improvement Financing loan. The Department approved the loan in June 2002. Loan condition 8 requires Amtrak to identify the extent to which commuter operations would be affected if Amtrak shut down. We found that Amtrak failed to comply with the requirements of loan condition 8.