Negotiated Service Agreement, 42602-42604 [05-14594]
Download as PDF
42602
Federal Register / Vol. 70, No. 141 / Monday, July 25, 2005 / Notices
Technical Contacts:
Daniel Frumkin, NRR, (301) 415–
2280, e-mail: dxf1@nrc.gov.
Angie Lavretta, NRR, (301) 415–3285,
e-mail: axl3@nrc.gov.
Lead Project Manager:
Chandu Patel, NRR, (301) 415–3025,
e-mail: cpp@nrc.gov.
Note: NRC generic communications may be
found on the NRC public Web site, https://
www.nrc.gov, under Electronic Reading
Room/Document Collections.
DATES:
End of Draft Generic Letter
Documents may be examined, and/or
copied for a fee, at the NRC’s Public
Document Room at One White Flint
North, 11555 Rockville Pike (first floor),
Rockville, Maryland. Publicly available
records will be accessible electronically
from the Agencywide Documents
Access and Management System
(ADAMS) Public Electronic Reading
Room on the Internet at the NRC Web
site, https://www.nrc.gov/NRC/ADAMS/
index.html. If you do not have access to
ADAMS or if you have problems in
accessing the documents in ADAMS,
contact the NRC Public Document Room
(PDR) reference staff at 1–800–397–4209
or (301) 415–4737 or by e-mail to
pdr@nrc.gov.
Dated at Rockville, Maryland, this 18th day
of July, 2005.
For the Nuclear Regulatory Commission.
Patrick L. Hiland,
Chief, Reactor Operations Branch, Division
of Inspection Program Management, Office
of Nuclear Reactor Regulation.
[FR Doc. E5–3941 Filed 7–22–05; 8:45 am]
BILLING CODE 7590–01–P
OFFICE OF PERSONNEL
MANAGEMENT
Federal Employees Health Benefits
Program: Medically Underserved Areas
for 2006
Office of Personnel
Management.
ACTION: Notice of Medically
Underserved Areas for 2006.
AGENCY:
14:21 Jul 22, 2005
Jkt 205001
Effective Date: January 1, 2006.
FOR FUTHER INFORMATION CONTACT:
Ingrid Burford, (202) 606–0004.
FEHB law
(5 U.S.C. 8902(m)(2)) mandates special
consideration for enrollees of certain
FEHB plans who receive covered health
services in States with critical shortages
of primary care physicians. The FEHB
law also requires that a State be
designated as a Medically Underserved
Area if 25 percent or more of the
population lives in an area designated
by the Department of Health and Human
Services (HHS) as a primary medical
care manpower shortage area. Such
States are designated as Medically
Underserved Areas for purposes of the
FEHB Program, and the law requires
non-HMO FEHB plans to reimburse
beneficiaries, subject to their contract
terms, for covered services obtained
from any licensed provider in these
States.
FEHB regulations (5 CFR 890.701)
require OPM to make an annual
determination of the States that qualify
as Medically Underserved Areas for the
next calendar year by comparing the
latest HHS State-by-State population
counts on primary medical care
manpower shortage areas with U.S.
Census figures on State resident
populations.
SUPPLEMENTARY INFORMATION:
Office of Personnel Management.
Linda M. Springer,
Director.
[FR Doc. 05–14551 Filed 7–22–05; 8:45 am]
BILLING CODE 6325–39–P
The Office of Personnel
Management (OPM) has completed its
annual determination of the States that
qualify as Medically Underserved Areas
under the Federal Employees Health
Benefits (FEHB) Program for calendar
year 2006. This is necessary to comply
with a provision of the FEHB law that
mandates special consideration for
enrollees of certain FEHB plans who
receive covered health services in States
with critical shortages of primary care
physicians. Accordingly, for calendar
SUMMARY:
VerDate jul<14>2003
year 2006, OPM’s calculations show that
the following states are Medically
Underserved Areas under the FEHB
Program: Alabama, Alaska, Arizona,
Idaho, Kentucky, Louisiana,
Mississippi, Missouri, Montana, New
Mexico, North Dakota, South Carolina,
South Dakota, West Virginia, and
Wyoming. For the 2006 contract year
Arizona and West Virginia are being
added to the list and Texas is being
removed.
POSTAL RATE COMMISSION
[Docket No. MC2005–3; Order No. 1441]
Negotiated Service Agreement
Postal Rate Commission.
Notice and order on new
baseline negotiated service agreement
case.
AGENCY:
ACTION:
SUMMARY: This document establishes a
docket for consideration of the Postal
Service’s request for approval of a
baseline negotiated service agreement
PO 00000
Frm 00072
Fmt 4703
Sfmt 4703
with Bookspan. It identifies key
elements of the proposed agreement,
which involves Standard Mail letter
rates; its relationship to the Capital One
Services, Inc. negotiated service
agreement; and addresses preliminary
procedural matters.
DATES: Key dates are:
1. August 8, 2005: Deadline for filing
notices of intervention.
2. August 8–10, 2005: Authorized
alternative dates for settlement
conference.
3. August 11, 2005: Prehearing
conference (10 a.m.).
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov.
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharfman, general counsel,
at 202–789–6818.
SUPPLEMENTARY INFORMATION:
Procedural History
Capital One Services, Inc. Negotiated
Service Agreement, 67 FR 61355
(September 30, 2002).
Negotiated Service Agreement Final
Rule, 69 FR 7574 (February 18, 2004).
On July 14, 2005, the United States
Postal Service filed a request seeking a
recommended decision from the Postal
Rate Commission approving a
Negotiated Service Agreement (NSA)
with Bookspan.1 The NSA is proffered
as a new baseline agreement. This is the
first new baseline agreement filed since
the Capital One Negotiated Service
Agreement, MC2002–2, and the first
baseline agreement filed under the
Commission’s new rules for baseline
NSAs. Rule 195 [39 CFR 3001.195]. The
Request, which includes six
attachments, was filed pursuant to
Chapter 36 of the Postal Reorganization
Act, 39 U.S.C. 3601 et seq.2 The Postal
Service has identified Bookspan, along
with itself, as parties to the NSA. This
identification serves as notice of
intervention by Bookspan. It also
indicates that Bookspan shall be
considered a co-proponent,
1 Request of the United States Postal Service for
a Recommended Decision on Classifications and
Rates to Implement a Baseline Negotiated Service
Agreement with Bookspan, July 15, 2005 (Request).
2 Attachments A and B to the Request contain
proposed changes to the Domestic Mail
Classification Schedule and the associated rate
schedules; Attachment C is a certification required
by Commission rule 193(i) specifying that the cost
statements and supporting data submitted by the
Postal Service, which purport to reflect the books
of the Postal Service, accurately set forth the results
shown by such books; Attachment D is an index of
testimony and exhibits; Attachment E is a
compliance statement addressing satisfaction of
various filing requirements; and Attachment F is a
copy of the Negotiated Service Agreement.
E:\FR\FM\25JYN1.SGM
25JYN1
Federal Register / Vol. 70, No. 141 / Monday, July 25, 2005 / Notices
procedurally and substantively, of the
Postal Service’s Request during the
Commission’s review of the NSA. Rule
191(b) [39 CFR 3001.191(b)]. An
appropriate Notice of Appearance and
Filing of Testimony as Co-Proponent by
Bookspan, July 14, 2005, also was filed.
In support of the direct case, the
Postal Service has filed Direct
Testimony of Michael K. Plunkett on
Behalf of the United States Postal
Service, July 14, 2005 (USPS–T–1), and
Direct Testimony of Michelle K. Yorgey
on Behalf of the United States Postal
Service, July 14, 2005 (USPS–T–2).
Bookspan has separately filed Direct
Testimony of Robert J. Posch, Jr. on
Behalf of Bookspan, July 14, 2005
(Bookspan-T–1), and Direct Testimony
of Matthias Epp on Behalf of Bookspan,
July 14, 2005 (Bookspan-T–2). The
Postal Service has reviewed the
Bookspan testimony and, in accordance
with rule 192(b) [39 CFR 3001.192(b)],
states that such testimony may be relied
upon in presentation of the Postal
Service’s direct case.3
The Postal Service has submitted a
contemporaneous filing which requests
the establishment of settlement
procedures.4 The Postal Service believes
that this agreement should not be
particularly contentious given that the
agreement is straightforward and the
substance of the agreement concerns the
availability of declining blocks, which
were an integral part of all previously
approved NSAs. However, if the parties
do have issues that they want to
explore, settlement discussions might
provide a convenient forum to resolve
those issues or facilitate a limitation of
the issues that need to be litigated.
The Postal Service’s Request, the
accompanying testimonies of witnesses
Plunkett (USPS–T–1), Yorgey (USPS–T–
2), Posch (Bookspan-T–1), and Epp
(Bookspan-T–2), and other related
material are available for inspection at
the Commission’s docket section during
regular business hours. They also can be
accessed electronically, via the Internet,
on the Commission’s Web site (https://
www.prc.gov).
I. The Bookspan NSA
The Postal Service proposes to enter
into a new baseline three-year NSA with
Bookspan. Unlike the Capital One
baseline NSA, the Bookspan NSA is
based solely upon a declining block rate
volume discount available to qualifying
Standard Mail letter pieces.
The declining block rate volume
discount feature provides Bookspan
3 Request
at 6; USPS–T–2 at 1.
of the United States Postal Service for
Establishment of Settlement Procedures, July 14,
2005.
4 Request
VerDate jul<14>2003
14:21 Jul 22, 2005
Jkt 205001
with a per-piece discount for Standard
Mail letter volumes that exceed
specified volume thresholds. Discounts
are payable only after certain specified
minimum volume commitments have
been reached. During the first year of
the agreement, discounts may be earned
for annual volumes above 87 million
pieces once a volume commitment of 94
million has been reached. During the
second year of the agreement, discounts
may be earned for annual volumes
above 85 million pieces once a volume
commitment of 95 million has been
reached. During the third year of the
agreement, discounts may be earned for
annual volumes above 94 million pieces
once a volume commitment of 105
million has been reached. Discounts,
under a declining block rage structure,
range from 2 to 3 cents in the first two
years of the agreement, and from 1 to 3
cents in the third year of the agreement.
The minimum commitment levels for
the second and third years of the
agreement are subject to adjustment
based on the actual volumes mailed in
the previous years. If at the end of the
first or second years, the actual volume
is 12% or more above the prior year’s
commitment, the following year’s
commitment will be revised to be the
average of the prior year’s actual volume
and the following year’s original
commitment. If at the end of the first or
second years, the actual volume is 5%
or more below the prior year’s
commitment, the following year’s
commitment will be revised to be the
average of the prior year’s actual volume
and the prior year’s original
commitment. In any event, the volume
commitments will never be less than 90
million pieces.
This agreement provides for several
other risk mitigation features to protect
the Service’s financial interests. If
Bookspan sends more than 150 million
qualifying pieces in any one year, the
agreement automatically terminates.
Either party may also unconditionally
cancel the agreement with 30 days’
written notice. Additionally, the
agreement contains a mechanism to
adjust the volume blocks to the extent
that Bookspan merges or acquires an
entity with an annual Standard Mail
letter volume exceeding 5 million
pieces, or merges or acquires multiple
entities with a combined annual
Standard Mail letter volume exceeding
10 million pieces.
The Postal Service estimates it will
benefit by $7.4 million over the life of
the NSA. This is based on estimates of
$3.3 million in increased contribution
due to additional volume for new
Standard letter mail, $5.1 million in
increased contribution due to a net
PO 00000
Frm 00073
Fmt 4703
Sfmt 4703
42603
contribution gain from converting
Standard Mail solicitation flats to
letters, and lost revenue from total
incremental discounts of $0.96 million.
II. Commission Response
Applicability of the Rules for Baseline
NSAs. For administrative purposes, the
Commission has docketed the instant
filing as a request for a new baseline
NSA pursuant to rule 195 (39 CFR
3001.195).
Settlement. The Commission
authorizes settlement negotiations in
this proceeding. It appoints Postal
Service counsel as settlement
coordinator. In this capacity, counsel for
the Service shall file periodic reports on
the status of settlement discussions. The
Postal Service requests that a settlement
conference be held immediately
following the deadline for intervention.
The Commission authorizes the
settlement coordinator to hold a
settlement conference on either August
8, 9, or 10, 2005, and at such times
deemed necessary by the settlement
coordinator. Authorization of settlement
discussions does not constitute a
finding on the proposal’s procedural
status or on the need for a hearing.
Representation of the general public.
In conformance with section 3624(a) of
title 39, the Commission designates
Shelley S. Dreifuss, director of the
Commission’s Office of the Consumer
Advocate, to represent the interests of
the general public in this proceeding.
Pursuant to this designation, Ms.
Dreifuss will direct the activities of
Commission personnel assigned to
assist her and, upon request, will supply
their names for the record. Neither Ms.
Dreifuss nor any of the assigned
personnel will participate in or provide
advice on any Commission decision in
this proceeding.
Intervention. Those wishing to be
heard in this matter are directed to file
a notice of intervention on or before
August 5, 2005. The notice of
intervention shall be filed using the
Internet (Filing Online) at the
Commission’s Web site (https://
www.prc.gov), unless a waiver is
obtained for hardcopy filing. Rules 9(a)
and 10(a) (39 CFR 3001.9(a) and 10(a)).
Notices should indicate whether
participation will be on a full or limited
basis. See rules 20 and 20a (39 CFR
3001.20 and 20a). No decision has been
made at this point on whether a hearing
will be held in this case.
Prehearing conference. A prehearing
conference will be held August 11,
2005, at 10 a.m. in the Commission’s
hearing room. Participants shall be
prepared to identify any issue(s) that
would indicate the need to schedule a
E:\FR\FM\25JYN1.SGM
25JYN1
42604
Federal Register / Vol. 70, No. 141 / Monday, July 25, 2005 / Notices
III below, which Items have been
prepared by the MSRB. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
hearing, along with other matters
referred to in this ruling.
Ordering Paragraphs
It Is Ordered:
1. The Commission establishes Docket
No. MC2005–3 to consider the Postal
Service Request referred to in the body
of this order.
2. The Commission will sit en banc in
this proceeding.
3. Postal Service counsel is appointed
to serve as settlement coordinator in this
proceeding. The Commission will make
its hearing room available for a
settlement conference on either August
8, 9, or 10, 2005, or at such times
deemed necessary by the settlement
coordinator.
4. Shelley S. Dreifuss, director of the
Commission’s Office of the Consumer
Advocate, is designated to represent the
interests of the general public.
5. The deadline for filing notices of
intervention is August 5, 2005.
6. A prehearing conference will be
held August 11, 2005, at 10 a.m. in the
Commission’s hearing room.
7. The Secretary shall arrange for
publication of this notice and order in
the Federal Register.
Issued: July 19, 2005.
Dated: July 19, 2005.
By the Commission.
Steven W. Williams,
Secretary.
[FR Doc. 05–14594 Filed 7–22–05; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–52058; File No. SR–MSRB–
2005–13]
Self-Regulatory Organizations;
Municipal Securities Rulemaking
Board; Notice of Filing of Proposed
Rule Change Relating to Official
Statement Delivery Requirements
Under Rule G–32, Rule G–36, and Rule
G–11
July 19, 2005.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on June 23,
2005, the Municipal Securities
Rulemaking Board (‘‘MSRB’’ or
‘‘Board’’) filed with the Securities and
Exchange Commission (‘‘SEC’’ or
‘‘Commission’’) the proposed rule
change as described in Items I, II, and
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate jul<14>2003
17:46 Jul 22, 2005
Jkt 205001
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The MSRB has filed with the SEC a
proposed rule change consisting of
amendments to Rule G–32 (on delivery
of official statements to new issue
customers), Rule G–36 (on delivery of
official statements and advance
refunding documents to the Board) and
Rule G–11 (on new issue municipal
securities during the underwriting
period). The proposed rule change is
intended to improve the efficiency of
official statement dissemination in the
municipal securities marketplace and
the timeliness of official statement
deliveries to customers. The text of the
proposed rule change is available on the
MSRB’s Web site (https://www.msrb.org),
at the MSRB’s principal office, and at
the Commission’s Public Reference
Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
MSRB included statements concerning
the purpose of and basis for the
proposed rule change and discussed any
comments it received on the proposed
rule change. The text of these statements
may be examined at the places specified
in Item IV below. The MSRB has
prepared summaries, set forth in
Sections A, B, and C below, of the most
significant aspects of such statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The proposed rule change is designed
to improve the efficiency and timeliness
of dissemination of official statements to
underwriters and other brokers, dealers,
and municipal securities dealers
(‘‘dealers’’), which in turn should also
improve the efficiency and timeliness of
dealer-to-customer dissemination of
official statements. The proposed
amendments are described more fully
below.
Dissemination of Electronic Official
Statements by Managing and Sole
Underwriters
The proposed amendments establish
new clause (i)(C) of Rule G–32(c), which
requires the managing or sole
PO 00000
Frm 00074
Fmt 4703
Sfmt 4703
underwriter for new issues of municipal
securities to provide a printable
electronic version of the official
statement (if an electronic version has
been prepared and the issuer does not
object to its distribution) to any dealer
that requests an electronic version and
provides an e-mail address or other
delivery instructions acceptable to the
managing or sole underwriter. This
obligation is in addition to the managing
or sole underwriter’s obligation to send
paper copies of the official statement in
the required quantities (i.e., one printed
copy plus not less than one additional
printed copy per $100,000 par value
purchased by the dealer for sale to
customers). However, if the requesting
dealer consents, the managing or sole
underwriter is permitted to provide
such dealer solely with the electronic
official statement in lieu of paper copies
otherwise required under the rule.3
The proposed rule change does not
specify a particular file format for the
electronic version of the official
statement, other than that the electronic
version be printable. Portable document
format (PDF) files (and, in the future,
any other file formats that it may
hereafter accept for purposes of official
statement submissions to the MSRB’s
web-based Electronic OS/ARD
Submission System (the ‘‘e-OS System’’)
established under Rule G–36) are
acceptable formats for purposes of the
proposed rule change, so long as such
files are printable. In addition, other file
formats that are printable using
commercially available software then in
common usage in the municipal
securities industry, or with software that
is bundled with such files, also would
be acceptable so long as the dealer that
makes the delivery promptly delivers a
substitute paper version of the official
statement if the recipient of the
electronic file so requests and a paper
version has not previously been sent to
such recipient.
The electronic version of the official
statement must include every item of
information included in the paper
version. For example, if a dealer were to
consent to receiving solely an electronic
version of the official statement
pursuant to clause (c)(i)(C) of Rule G–32
but portions of the official statement are
not available in electronic form, a
managing or sole underwriter could not
discharge its obligation to deliver paper
versions of the official statement under
clause (c)(i)(A) by sending the portions
3 The managing or sole underwriter also need not
provide the dealer with information on how to
obtain additional copies of the official statement, as
would otherwise be required under clause (i)(B) of
Rule G–32(c), since such dealer will have agreed to
rely exclusively on the printable electronic version.
E:\FR\FM\25JYN1.SGM
25JYN1
Agencies
[Federal Register Volume 70, Number 141 (Monday, July 25, 2005)]
[Notices]
[Pages 42602-42604]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-14594]
=======================================================================
-----------------------------------------------------------------------
POSTAL RATE COMMISSION
[Docket No. MC2005-3; Order No. 1441]
Negotiated Service Agreement
AGENCY: Postal Rate Commission.
ACTION: Notice and order on new baseline negotiated service agreement
case.
-----------------------------------------------------------------------
SUMMARY: This document establishes a docket for consideration of the
Postal Service's request for approval of a baseline negotiated service
agreement with Bookspan. It identifies key elements of the proposed
agreement, which involves Standard Mail letter rates; its relationship
to the Capital One Services, Inc. negotiated service agreement; and
addresses preliminary procedural matters.
DATES: Key dates are:
1. August 8, 2005: Deadline for filing notices of intervention.
2. August 8-10, 2005: Authorized alternative dates for settlement
conference.
3. August 11, 2005: Prehearing conference (10 a.m.).
ADDRESSES: Submit comments electronically via the Commission's Filing
Online system at https://www.prc.gov.
FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, general counsel,
at 202-789-6818.
SUPPLEMENTARY INFORMATION:
Procedural History
Capital One Services, Inc. Negotiated Service Agreement, 67 FR
61355 (September 30, 2002).
Negotiated Service Agreement Final Rule, 69 FR 7574 (February 18,
2004).
On July 14, 2005, the United States Postal Service filed a request
seeking a recommended decision from the Postal Rate Commission
approving a Negotiated Service Agreement (NSA) with Bookspan.\1\ The
NSA is proffered as a new baseline agreement. This is the first new
baseline agreement filed since the Capital One Negotiated Service
Agreement, MC2002-2, and the first baseline agreement filed under the
Commission's new rules for baseline NSAs. Rule 195 [39 CFR 3001.195].
The Request, which includes six attachments, was filed pursuant to
Chapter 36 of the Postal Reorganization Act, 39 U.S.C. 3601 et seq.\2\
The Postal Service has identified Bookspan, along with itself, as
parties to the NSA. This identification serves as notice of
intervention by Bookspan. It also indicates that Bookspan shall be
considered a co-proponent,
[[Page 42603]]
procedurally and substantively, of the Postal Service's Request during
the Commission's review of the NSA. Rule 191(b) [39 CFR 3001.191(b)].
An appropriate Notice of Appearance and Filing of Testimony as Co-
Proponent by Bookspan, July 14, 2005, also was filed.
---------------------------------------------------------------------------
\1\ Request of the United States Postal Service for a
Recommended Decision on Classifications and Rates to Implement a
Baseline Negotiated Service Agreement with Bookspan, July 15, 2005
(Request).
\2\ Attachments A and B to the Request contain proposed changes
to the Domestic Mail Classification Schedule and the associated rate
schedules; Attachment C is a certification required by Commission
rule 193(i) specifying that the cost statements and supporting data
submitted by the Postal Service, which purport to reflect the books
of the Postal Service, accurately set forth the results shown by
such books; Attachment D is an index of testimony and exhibits;
Attachment E is a compliance statement addressing satisfaction of
various filing requirements; and Attachment F is a copy of the
Negotiated Service Agreement.
---------------------------------------------------------------------------
In support of the direct case, the Postal Service has filed Direct
Testimony of Michael K. Plunkett on Behalf of the United States Postal
Service, July 14, 2005 (USPS-T-1), and Direct Testimony of Michelle K.
Yorgey on Behalf of the United States Postal Service, July 14, 2005
(USPS-T-2). Bookspan has separately filed Direct Testimony of Robert J.
Posch, Jr. on Behalf of Bookspan, July 14, 2005 (Bookspan-T-1), and
Direct Testimony of Matthias Epp on Behalf of Bookspan, July 14, 2005
(Bookspan-T-2). The Postal Service has reviewed the Bookspan testimony
and, in accordance with rule 192(b) [39 CFR 3001.192(b)], states that
such testimony may be relied upon in presentation of the Postal
Service's direct case.\3\
---------------------------------------------------------------------------
\3\ Request at 6; USPS-T-2 at 1.
---------------------------------------------------------------------------
The Postal Service has submitted a contemporaneous filing which
requests the establishment of settlement procedures.\4\ The Postal
Service believes that this agreement should not be particularly
contentious given that the agreement is straightforward and the
substance of the agreement concerns the availability of declining
blocks, which were an integral part of all previously approved NSAs.
However, if the parties do have issues that they want to explore,
settlement discussions might provide a convenient forum to resolve
those issues or facilitate a limitation of the issues that need to be
litigated.
---------------------------------------------------------------------------
\4\ Request of the United States Postal Service for
Establishment of Settlement Procedures, July 14, 2005.
---------------------------------------------------------------------------
The Postal Service's Request, the accompanying testimonies of
witnesses Plunkett (USPS-T-1), Yorgey (USPS-T-2), Posch (Bookspan-T-1),
and Epp (Bookspan-T-2), and other related material are available for
inspection at the Commission's docket section during regular business
hours. They also can be accessed electronically, via the Internet, on
the Commission's Web site (https://www.prc.gov).
I. The Bookspan NSA
The Postal Service proposes to enter into a new baseline three-year
NSA with Bookspan. Unlike the Capital One baseline NSA, the Bookspan
NSA is based solely upon a declining block rate volume discount
available to qualifying Standard Mail letter pieces.
The declining block rate volume discount feature provides Bookspan
with a per-piece discount for Standard Mail letter volumes that exceed
specified volume thresholds. Discounts are payable only after certain
specified minimum volume commitments have been reached. During the
first year of the agreement, discounts may be earned for annual volumes
above 87 million pieces once a volume commitment of 94 million has been
reached. During the second year of the agreement, discounts may be
earned for annual volumes above 85 million pieces once a volume
commitment of 95 million has been reached. During the third year of the
agreement, discounts may be earned for annual volumes above 94 million
pieces once a volume commitment of 105 million has been reached.
Discounts, under a declining block rage structure, range from 2 to 3
cents in the first two years of the agreement, and from 1 to 3 cents in
the third year of the agreement.
The minimum commitment levels for the second and third years of the
agreement are subject to adjustment based on the actual volumes mailed
in the previous years. If at the end of the first or second years, the
actual volume is 12% or more above the prior year's commitment, the
following year's commitment will be revised to be the average of the
prior year's actual volume and the following year's original
commitment. If at the end of the first or second years, the actual
volume is 5% or more below the prior year's commitment, the following
year's commitment will be revised to be the average of the prior year's
actual volume and the prior year's original commitment. In any event,
the volume commitments will never be less than 90 million pieces.
This agreement provides for several other risk mitigation features
to protect the Service's financial interests. If Bookspan sends more
than 150 million qualifying pieces in any one year, the agreement
automatically terminates. Either party may also unconditionally cancel
the agreement with 30 days' written notice. Additionally, the agreement
contains a mechanism to adjust the volume blocks to the extent that
Bookspan merges or acquires an entity with an annual Standard Mail
letter volume exceeding 5 million pieces, or merges or acquires
multiple entities with a combined annual Standard Mail letter volume
exceeding 10 million pieces.
The Postal Service estimates it will benefit by $7.4 million over
the life of the NSA. This is based on estimates of $3.3 million in
increased contribution due to additional volume for new Standard letter
mail, $5.1 million in increased contribution due to a net contribution
gain from converting Standard Mail solicitation flats to letters, and
lost revenue from total incremental discounts of $0.96 million.
II. Commission Response
Applicability of the Rules for Baseline NSAs. For administrative
purposes, the Commission has docketed the instant filing as a request
for a new baseline NSA pursuant to rule 195 (39 CFR 3001.195).
Settlement. The Commission authorizes settlement negotiations in
this proceeding. It appoints Postal Service counsel as settlement
coordinator. In this capacity, counsel for the Service shall file
periodic reports on the status of settlement discussions. The Postal
Service requests that a settlement conference be held immediately
following the deadline for intervention. The Commission authorizes the
settlement coordinator to hold a settlement conference on either August
8, 9, or 10, 2005, and at such times deemed necessary by the settlement
coordinator. Authorization of settlement discussions does not
constitute a finding on the proposal's procedural status or on the need
for a hearing.
Representation of the general public. In conformance with section
3624(a) of title 39, the Commission designates Shelley S. Dreifuss,
director of the Commission's Office of the Consumer Advocate, to
represent the interests of the general public in this proceeding.
Pursuant to this designation, Ms. Dreifuss will direct the activities
of Commission personnel assigned to assist her and, upon request, will
supply their names for the record. Neither Ms. Dreifuss nor any of the
assigned personnel will participate in or provide advice on any
Commission decision in this proceeding.
Intervention. Those wishing to be heard in this matter are directed
to file a notice of intervention on or before August 5, 2005. The
notice of intervention shall be filed using the Internet (Filing
Online) at the Commission's Web site (https://www.prc.gov), unless a
waiver is obtained for hardcopy filing. Rules 9(a) and 10(a) (39 CFR
3001.9(a) and 10(a)). Notices should indicate whether participation
will be on a full or limited basis. See rules 20 and 20a (39 CFR
3001.20 and 20a). No decision has been made at this point on whether a
hearing will be held in this case.
Prehearing conference. A prehearing conference will be held August
11, 2005, at 10 a.m. in the Commission's hearing room. Participants
shall be prepared to identify any issue(s) that would indicate the need
to schedule a
[[Page 42604]]
hearing, along with other matters referred to in this ruling.
Ordering Paragraphs
It Is Ordered:
1. The Commission establishes Docket No. MC2005-3 to consider the
Postal Service Request referred to in the body of this order.
2. The Commission will sit en banc in this proceeding.
3. Postal Service counsel is appointed to serve as settlement
coordinator in this proceeding. The Commission will make its hearing
room available for a settlement conference on either August 8, 9, or
10, 2005, or at such times deemed necessary by the settlement
coordinator.
4. Shelley S. Dreifuss, director of the Commission's Office of the
Consumer Advocate, is designated to represent the interests of the
general public.
5. The deadline for filing notices of intervention is August 5,
2005.
6. A prehearing conference will be held August 11, 2005, at 10 a.m.
in the Commission's hearing room.
7. The Secretary shall arrange for publication of this notice and
order in the Federal Register.
Issued: July 19, 2005.
Dated: July 19, 2005.
By the Commission.
Steven W. Williams,
Secretary.
[FR Doc. 05-14594 Filed 7-22-05; 8:45 am]
BILLING CODE 7710-FW-P