RAIL CARRIERS PROPOSING TO SELL
SECURITIES WITHOUT COMPETITIVE BIDDING SUBMIT INFORMATION ABOUT THE
SECURITY TO BE ISSUED, THE NEED FOR PRIVATE PLACEMENT AND THE
BENEFIT TO THE CARRIER IN REALIZING A LOWER COST AND THUS ASSIST IN
THE PROVISION OF SERVICE TO THE PUBLIC AT THE CHEAPEST RATE.
GENERALLY RAILROADS ARE REQUIRED TO SELL THEIR SECURITIES THROUGH
COMPETITIVE BIDDING BUT THERE ARE TIMES WHEN THIS I NOT
FEASIBLE.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.