PitchSend

Investor Presentaiton

O&M Cost Estimate Outputs ■ O&M cost estimates will be reported as a range for each of the preferred routes. ■ The low- and high-range of cost estimates reflect the variation in marginal unit costs by operating statistic of existing long-distance routes. ■ The values will represent high-level cost estimates to support early planning. ■ Substantial additional planning and analysis would be required for further refinement and accuracy. Type Marginal Cost Fixed Cost Total O&M Cost U.S. Department of Transportation Federal Railroad Administration 150 FRA LONG-DISTANCE SERVICE STUDY

View entire presentation