Global Expedited Package Services Contract, 37739-37740 [E9-18029]

Download as PDF Federal Register / Vol. 74, No. 144 / Wednesday, July 29, 2009 / Notices functions of the Office of Personnel Management, and whether it will have practical utility; whether our estimate of the public burden of this collection is accurate, and based on valid assumptions and methodology; and ways in which we can minimize the burden of the collection of information on those who are to respond, through the use of the appropriate technological collection techniques or other forms of information technology. The estimated number of respondents is 1,500. We estimate it takes approximately 30 minutes to complete the form. The annual burden is 750 hours. For copies of this proposal, contact Cyrus S. Benson on (202) 606–0623, Fax (202) 606–0910 or via E-mail to Cyrus.Benson@opm.gov. Please include a mailing address with your request. DATES: Comments on this proposal should be received within 60 calendar days from the date of this publication. ADDRESS: Send or deliver comments to—James K. Freiert, Deputy Assistant Director, Retirement Services Program, Center for Retirement and Insurance Services, U.S. Office of Personnel Management, 1900 E Street, NW., Room 3305, Washington, DC 20415–3500. For information regarding administrative coordination contact: Cyrus S. Benson, Team Leader, Publications Team, RIS Support Services/Support Group, U.S. Office of Personnel Management, 1900 E Street, NW.—Room 4H28, Washington, DC 20415, (202) 606–0623. U.S. Office of Personnel Management. John Berry, Director. [FR Doc. E9–18080 Filed 7–28–09; 8:45 am] BILLING CODE 6325–38–P POSTAL REGULATORY COMMISSION [Docket No. CP2009–53; Order No. 254] Global Expedited Package Services Contract Postal Regulatory Commission. Notice. AGENCY: mstockstill on DSKH9S0YB1PROD with NOTICES ACTION: SUMMARY: The Commission is noticing a recently-filed Postal Service request to add a Global Expedited Package Services 1 contract to the Competitive Product List. This notice addresses procedural steps associated with these filings. DATES: Comments are due August 3, 2009. Submit comments electronically via the Commission’s ADDRESSES: VerDate Nov<24>2008 18:30 Jul 28, 2009 Jkt 217001 Filing Online system at https:// www.prc.gov. FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, General Counsel, 202–789–6820 and stephen.sharfman@prc.gov. SUPPLEMENTARY INFORMATION: I. Introduction II. Notice of Filing III. Ordering Paragraphs I. Introduction On July 22, 2009, the Postal Service filed a notice announcing that it has entered into an additional Global Expedited Package Services 1 (GEPS 1) contract.1 GEPS 1 provides volumebased incentives for mailers that send large volumes of Express Mail International (EMI) and/or Priority Mail International (PMI). The Postal Service believes the instant contract is functionally equivalent to previously submitted GEPS 1 contracts, and is supported by the Governors’ Decision filed in Docket No. CP2008–4.2 Notice at 1. It further notes that in Order No. 86, which established GEPS 1 as a product, the Commission held that additional contracts may be included as part of the GEPS 1 product if they meet the requirements of 39 U.S.C. 3633, and if they are functionally equivalent to the initial GEPS 1 contract filed in Docket No. CP2008–5.3 Notice at 1. The instant contract. The Postal Service filed the instant contract pursuant to 39 CFR 3015.5. In addition, the Postal Service contends that the contract is in accordance with Order No. 86. The Postal Service states that the instant contract replaces the contract for the customer in Docket No. CP2008–12, which will end on August 31, 2009. Id. at 2. It submitted the contract and supporting material under seal, and attached a redacted copy of the contract and certified statement required by 39 CFR 3015.5(c)(2) to the Notice as Attachments 1 and 2, respectively. Id. at 1–2. The term of the instant contract is 1 year from the date the Postal Service notifies the customer that all necessary regulatory approvals have been received. 1 Notice of United States Postal Service Filing of Functionally Equivalent Global Expedited Package Services 1 Negotiated Service Agreement, July 16, 2009 (Notice). 2 See Docket No. CP2008–4, Notice of United States Postal Service of Governors’ Decision Establishing Prices and Classifications for Global Expedited Package Services Contents, May 20, 2008. 3 See Docket No. CP2008–5, Order Concerning Global Expedited Package Services Contracts, June 27, 2008, at 7 (Order No. 86). PO 00000 Frm 00053 Fmt 4703 Sfmt 4703 37739 The Notice advances reasons why the instant GEPS 1 contract fits within the Mail Classification Schedule language for GEPS 1. The Postal Service asserts that the instant contract is functionally equivalent to the GEPS 1 contracts filed previously. It states that in Governors’ Decision No. 08–7, a pricing formula and classification system were established to ensure that each contract meets the statutory and regulatory requirements of 39 U.S.C. 3633. The Postal Service contends that the instant contract demonstrates its functional equivalence with the previous GEPS 1 contracts because of several factors: The customers are small or medium-sized businesses that mail directly to foreign destinations using EMI and/or PMI, the contract term of one year applies to all GEPS 1 contracts, the contracts have similar cost and market characteristics, and each requires payment through permit imprint. Id. at 4. It asserts that even though prices may be different based on volume or postage commitments made by the customers, or updated costing information, these differences do not affect the contracts’ functional equivalency because the GEPS 1 contracts share similar cost attributes and methodology. Id. at 4–5. The Postal Service also identifies several other contractual differences including provisions that clarify the availability of other Postal Service products and services, exclude certain flat rate products from the mail qualifying for discounts, simplify mailing notice requirements, modify mail tender locations, clarify the mailer’s volume and revenue commitment in the event of early termination, and change certain provisions in the prior contract in minor respects. Id. at 5–6. The Postal Service states that these differences related to a particular mailer are ‘‘incidental differences’’ and do not change the conclusion that these agreements are functionally equivalent in all important respects. Id. at 6. The Postal Service requests that this contract be included within the GEPS 1 product. Id. at 7. The Postal Service maintains that certain portions of the contract and certified statement required by 39 CFR 3015.5(c)(2), names of GEPS 1 customers, related financial information, portions of the certified statement which contain costs and pricing as well as the accompanying analyses that provide prices, terms, conditions, and financial projections should remain under seal. Id. at 3. E:\FR\FM\29JYN1.SGM 29JYN1 37740 Federal Register / Vol. 74, No. 144 / Wednesday, July 29, 2009 / Notices II. Notice of Filing The Commission establishes Docket No. CP2009–53 for consideration of matters related to the contract identified in the Postal Service’s Notice. Interested persons may submit comments on whether the Postal Service’s contract is consistent with the policies of 39 U.S.C. 3632, 3622 or 3642. Comments are due no later than August 3, 2009. The public portions of these filings can be accessed via the Commission’s Web site (https:// www.prc.gov). The Commission appoints Paul L. Harrington to serve as Public Representative in this proceeding. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. CP2009–53 for consideration of the issues raised in this docket. 2. Comments by interested persons in these proceedings are due no later than August 3, 2009. 3. Pursuant to 39 U.S.C. 505, Paul L. Harrington is appointed to serve as officer of the Commission (Public Representative) to represent the interests of the general public in these proceedings. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Judith M. Grady, Acting Secretary. [FR Doc. E9–18029 Filed 7–28–09; 8:45 am] BILLING CODE 7710–FW–P SECURITIES AND EXCHANGE COMMISSION [REMOVED PRIVATE FIELD] Submission for OMB Review; Comment Request Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 20549–0213. mstockstill on DSKH9S0YB1PROD with NOTICES Extension: Rule 17a–6; OMB Control No. 3235–0489; SEC File No. 270–433. Notice is hereby given that pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange Commission (‘‘Commission’’) has submitted to the Office of Management and Budget a request for extension of the previously approved collection of information discussed below. Rule 17a–6 (17 CFR 240.17a–6) under the Securities Exchange Act of 1934 (15 VerDate Nov<24>2008 18:30 Jul 28, 2009 Jkt 217001 U.S.C. 78a et seq.) permits national securities exchanges, national securities associations, registered clearing agencies, and the Municipal Securities Rulemaking Board (collectively, ‘‘SROs’’) to destroy or convert to microfilm or other recording media records maintained under Rule 17a–1, if they have filed a record destruction plan with the Commission and the Commission has declared such plan effective. There are currently 27 SROs: 17 National securities exchanges, 1 national securities association, and 9 registered clearing agencies. Of the 27 SROs, 2 SRO respondents have filed a record destruction plan with the Commission. The staff calculates that the preparation and filing of a new record destruction plan should take 160 hours. Further, any existing SRO record destruction plans may require revision, over time, in response to, for example, changes in document retention technology, which the Commission estimates will take much less than the 160 hours estimated for a new plan. Thus, the total annual compliance burden is estimated to be 60 hours per year. The approximate cost per hour is $305, resulting in a total cost of compliance for these respondents of $18,300 per year (60 hours @ $305 per hour). An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number. Comments should be directed to: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC 20503 or by sending an e-mail to Shagufta_Ahmed@omb.eop.gov and (ii) Charles Boucher, Director/Chief Information Officer, Securities and Exchange Commission, c/o Shirley Martinson, 6432 General Green Way, Alexandria, VA 22312 or by sending an e-mail to PRA_Mailbox@sec.gov. Comments must be submitted within 30 days of this notice. Dated: July 23, 2009. Elizabeth M. Murphy, Secretary. [FR Doc. E9–17943 Filed 7–28–09; 8:45 am] BILLING CODE 8010–01–P PO 00000 Frm 00054 Fmt 4703 Sfmt 4703 SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting Federal Register Citation of Previous Announcement [74 FR 36281, July 22, 2009] Closed Meeting. 100 F Street, NE., Washington, STATUS: PLACE: DC. DATE AND TIME OF PREVIOUSLY ANNOUNCED MEETING: Friday, July 24, 2009 at 8 a.m. Time Change. The Closed Meeting scheduled for Friday, July 24, 2009 at 8 a.m. has been changed to Friday, July 24, 2009 at 9 a.m. At times, changes in Commission priorities require alterations in the scheduling of meeting items. For further information and to ascertain what, if any, matters have been added, deleted or postponed, please contact the Office of the Secretary at (202) 551–5400. CHANGE IN THE MEETING: Dated: July 23, 2009. Elizabeth M. Murphy, Secretary. [FR Doc. E9–17989 Filed 7–28–09; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–60373; File No. S7–17–09] Order Granting Temporary Exemptions Under the Securities Exchange Act of 1934 in Connection With Request on Behalf of Eurex Clearing AG Related to Central Clearing of Credit Default Swaps, and Request for Comments July 23, 2009. I. Introduction In response to the recent turmoil in the financial markets, the Securities and Exchange Commission (‘‘Commission’’) has taken multiple actions to protect investors and ensure the integrity of the nation’s securities markets, including actions 1 designed to address concerns related to the market in credit default swaps (‘‘CDS’’).2 The over-the-counter 1 See generally Securities Exchange Act Release No. 59578 (Mar. 13, 2009), 74 FR 11781 (Mar. 19, 2009) (temporary exemption in connection with CDS clearing by Chicago Mercantile Exchange Inc.), Securities Exchange Act Release No. 59527 (Mar. 6, 2009), 74 FR 10791 (Mar. 12, 2009) (temporary exemption in connection with CDS clearing by ICE US Trust LLC), Securities Exchange Act Release No. 59164 (Dec. 24, 2008), 74 FR 139 (Jan. 2, 2009) (temporary exemption in connection with CDS clearing by LIFFE A&M and LCH.Clearnet Ltd.) and other Commission actions discussed therein. 2 A CDS is a bilateral contract between two parties, known as counterparties. The value of this E:\FR\FM\29JYN1.SGM 29JYN1

Agencies

[Federal Register Volume 74, Number 144 (Wednesday, July 29, 2009)]
[Notices]
[Pages 37739-37740]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-18029]


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POSTAL REGULATORY COMMISSION

[Docket No. CP2009-53; Order No. 254]


Global Expedited Package Services Contract

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Commission is noticing a recently-filed Postal Service 
request to add a Global Expedited Package Services 1 contract to the 
Competitive Product List. This notice addresses procedural steps 
associated with these filings.

DATES: Comments are due August 3, 2009.

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, 
202-789-6820 and stephen.sharfman@prc.gov.

SUPPLEMENTARY INFORMATION:

I. Introduction
II. Notice of Filing
III. Ordering Paragraphs

I. Introduction

    On July 22, 2009, the Postal Service filed a notice announcing that 
it has entered into an additional Global Expedited Package Services 1 
(GEPS 1) contract.\1\ GEPS 1 provides volume-based incentives for 
mailers that send large volumes of Express Mail International (EMI) 
and/or Priority Mail International (PMI). The Postal Service believes 
the instant contract is functionally equivalent to previously submitted 
GEPS 1 contracts, and is supported by the Governors' Decision filed in 
Docket No. CP2008-4.\2\ Notice at 1.
---------------------------------------------------------------------------

    \1\ Notice of United States Postal Service Filing of 
Functionally Equivalent Global Expedited Package Services 1 
Negotiated Service Agreement, July 16, 2009 (Notice).
    \2\ See Docket No. CP2008-4, Notice of United States Postal 
Service of Governors' Decision Establishing Prices and 
Classifications for Global Expedited Package Services Contents, May 
20, 2008.
---------------------------------------------------------------------------

    It further notes that in Order No. 86, which established GEPS 1 as 
a product, the Commission held that additional contracts may be 
included as part of the GEPS 1 product if they meet the requirements of 
39 U.S.C. 3633, and if they are functionally equivalent to the initial 
GEPS 1 contract filed in Docket No. CP2008-5.\3\ Notice at 1.
---------------------------------------------------------------------------

    \3\ See Docket No. CP2008-5, Order Concerning Global Expedited 
Package Services Contracts, June 27, 2008, at 7 (Order No. 86).
---------------------------------------------------------------------------

    The instant contract. The Postal Service filed the instant contract 
pursuant to 39 CFR 3015.5. In addition, the Postal Service contends 
that the contract is in accordance with Order No. 86. The Postal 
Service states that the instant contract replaces the contract for the 
customer in Docket No. CP2008-12, which will end on August 31, 2009. 
Id. at 2. It submitted the contract and supporting material under seal, 
and attached a redacted copy of the contract and certified statement 
required by 39 CFR 3015.5(c)(2) to the Notice as Attachments 1 and 2, 
respectively. Id. at 1-2. The term of the instant contract is 1 year 
from the date the Postal Service notifies the customer that all 
necessary regulatory approvals have been received.
    The Notice advances reasons why the instant GEPS 1 contract fits 
within the Mail Classification Schedule language for GEPS 1. The Postal 
Service asserts that the instant contract is functionally equivalent to 
the GEPS 1 contracts filed previously. It states that in Governors' 
Decision No. 08-7, a pricing formula and classification system were 
established to ensure that each contract meets the statutory and 
regulatory requirements of 39 U.S.C. 3633. The Postal Service contends 
that the instant contract demonstrates its functional equivalence with 
the previous GEPS 1 contracts because of several factors: The customers 
are small or medium-sized businesses that mail directly to foreign 
destinations using EMI and/or PMI, the contract term of one year 
applies to all GEPS 1 contracts, the contracts have similar cost and 
market characteristics, and each requires payment through permit 
imprint. Id. at 4. It asserts that even though prices may be different 
based on volume or postage commitments made by the customers, or 
updated costing information, these differences do not affect the 
contracts' functional equivalency because the GEPS 1 contracts share 
similar cost attributes and methodology. Id. at 4-5.
    The Postal Service also identifies several other contractual 
differences including provisions that clarify the availability of other 
Postal Service products and services, exclude certain flat rate 
products from the mail qualifying for discounts, simplify mailing 
notice requirements, modify mail tender locations, clarify the mailer's 
volume and revenue commitment in the event of early termination, and 
change certain provisions in the prior contract in minor respects. Id. 
at 5-6.
    The Postal Service states that these differences related to a 
particular mailer are ``incidental differences'' and do not change the 
conclusion that these agreements are functionally equivalent in all 
important respects. Id. at 6.
    The Postal Service requests that this contract be included within 
the GEPS 1 product. Id. at 7.
    The Postal Service maintains that certain portions of the contract 
and certified statement required by 39 CFR 3015.5(c)(2), names of GEPS 
1 customers, related financial information, portions of the certified 
statement which contain costs and pricing as well as the accompanying 
analyses that provide prices, terms, conditions, and financial 
projections should remain under seal. Id. at 3.

[[Page 37740]]

II. Notice of Filing

    The Commission establishes Docket No. CP2009-53 for consideration 
of matters related to the contract identified in the Postal Service's 
Notice.
    Interested persons may submit comments on whether the Postal 
Service's contract is consistent with the policies of 39 U.S.C. 3632, 
3622 or 3642. Comments are due no later than August 3, 2009. The public 
portions of these filings can be accessed via the Commission's Web site 
(https://www.prc.gov).
    The Commission appoints Paul L. Harrington to serve as Public 
Representative in this proceeding.

III. Ordering Paragraphs

    It is ordered:
    1. The Commission establishes Docket No. CP2009-53 for 
consideration of the issues raised in this docket.
    2. Comments by interested persons in these proceedings are due no 
later than August 3, 2009.
    3. Pursuant to 39 U.S.C. 505, Paul L. Harrington is appointed to 
serve as officer of the Commission (Public Representative) to represent 
the interests of the general public in these proceedings.
    4. The Secretary shall arrange for publication of this order in the 
Federal Register.

    By the Commission.
Judith M. Grady,
Acting Secretary.
[FR Doc. E9-18029 Filed 7-28-09; 8:45 am]
BILLING CODE 7710-FW-P
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