Current through November 30, 2024
Section 271.401 - Annual internal assessments(a) Beginning with the first calendar year after the calendar year in which FRA approves a railroad's RRP plan pursuant to § 271.301(d) , the railroad shall annually (i.e., once every calendar year) conduct an internal assessment of its RRP.(b) The internal assessment shall determine the extent to which the railroad has: (1) Achieved the implementation milestones described in its RRP plan pursuant to § 271.225(b) ;(2) Complied with the implemented elements of the approved RRP plan;(3) Achieved the goals described in its RRP plan pursuant to § 271.203(c) ;(4) Implemented previous internal assessment improvement plans pursuant to § 271.403 ; and(5) Implemented previous external audit improvement plans pursuant to § 271.503 .(c) A railroad shall ensure that the results of its internal assessments are internally reported to railroad senior management.