Engagement Memo—Positive Train Control

March 30, 2020 |  Engagement Memos

We are initiating an audit of the company’s implementation of Positive Train Control (PTC). The company has identified PTC as its key safety system for preventing train collisions and is under a regulatory deadline for full PTC system implementation. Our objective will be to assess the company’s efforts to implement and operate PTC. During the audit, we plan to interview company personnel and analyze company documents, data, and controls related to the implementation and operation of PTC, including interoperability with host and tenant railroads. We also plan to interview external organizations, including other railroads and the Federal Railroad Administration. We may revise our scope or modify our objective during the audit.


As we start this audit, please know that we are acutely aware and sensitive to the impact COVID-19 has had on us all, particularly the company’s business operations and its employees. We will work to minimize disruptions to the company by coordinating meetings with staff in advance. We also leave it to your discretion as to whether you would like an entrance conference given the current operating environment. As an alternative, we could hold an entrance conference via teleconference with the appropriate program-level individuals. This will minimize disruptions to the executive leadership team and expedite our information gathering and request for company interviews and documents. Throughout the course of our audit, we will keep you advised of the

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