C.R.S. § 40-18-103

(1) The commission shall promulgate rules as are necessary to: (a) Require, review, approve, and monitor the creation and implementation of a system safety program plan for each rail fixed guideway system operating in Colorado; (b) Investigate hazardous conditions and accidents on rail fixed guideway systems; (c) Require corrective action by a transit agency to correct or eliminate hazardous conditions; (d) Require that system safety program standards comply with the requirements of 49 CFR 674, entitled “State Safety Oversight”, at a minimum, and also adequately address the issue of personal security. (2) The commission shall promulgate rules to establish a system safety oversight program for rail fixed guideway systems operating within the state that, at a minimum, meets the requirements of 49 CFR 674, entitled “State Safety Oversight”.