New Postal Product, 27491-27492 [2012-11204]
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Federal Register / Vol. 77, No. 91 / Thursday, May 10, 2012 / Notices
27491
submit an LAR that does not claim to
adopt an Improved STS, Revision 4.
NUREG
NUREG–1430,
NUREG–1431,
NUREG–1432,
NUREG–1433,
NUREG–1434,
‘‘Standard
‘‘Standard
‘‘Standard
‘‘Standard
‘‘Standard
Technical
Technical
Technical
Technical
Technical
Specifications,
Specifications,
Specifications,
Specifications,
Specifications,
Dated at Rockville, Maryland, this 30th day
of April 2012.
For the Nuclear Regulatory Commission.
Robert Elliott,
Chief, Technical Specifications Branch,
Division of Safety Systems, Office of Nuclear
Reactor Regulation.
[FR Doc. 2012–11299 Filed 5–9–12; 8:45 am]
BILLING CODE 7590–01–P
POSTAL REGULATORY COMMISSION
[Docket No. MC2012–14 and R2012–8; Order
No. 1330]
New Postal Product
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is noticing a
recently-filed Postal Service request to
add a negotiated service agreement with
Valassis Direct Mail, Inc. to the market
dominant product list. This notice
addresses procedural steps associated
with this filing.
DATES: Comments are due: May 23,
2012.
Reply Comments are due: May 30,
2012.
SUMMARY:
Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Commenters who cannot
submit their views electronically should
contact the person identified in FOR
FURTHER INFORMATION CONTACT by
telephone for advice on alternatives to
electronic filing.
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharfman, General Counsel
at 202–789–6820.
SUPPLEMENTARY INFORMATION:
ADDRESSES:
mstockstill on DSK4VPTVN1PROD with NOTICES
Table of Contents
I. Introduction
II. Notice of Filing
III. Ordering Paragraphs
I. Introduction
On April 30, 2012, the Postal Service
filed a request pursuant to 39 U.S.C.
3622 and 3642, as well as 39 CFR 3010
and 3020 et seq., to add a negotiated
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technical
specifications
Volume 2
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Westinghouse Plants’’ ..........................................................
Combustion Engineering Plants’’ .........................................
General Electric BWR/4 Plants’’ ..........................................
General Electric BWR/6 Plants’’ ..........................................
ML12100A177
ML12100A222
ML12102A165
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ML12104A195
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ML12104A196
service agreement (NSA) with Valassis
Direct Mail, Inc. (Valassis) to the market
dominant product list.1
Request. In support of its Request, the
Postal Service filed six attachments as
follows:
• Attachment A—a copy of
Governors’ Resolution No. 11–4,
establishing mail classifications and
rates corresponding to Domestic Market
Dominant Agreements, Inbound
International Market Dominant
Agreements, and Other Non-Published
Market Dominant Rates;
• Attachment B—a copy of the instant
contract;
• Attachment C—proposed changes
to the Mail Classification Schedule
(MCS);
• Attachment D—a proposed data
collection plan;
• Attachment E–a Statement of
Supporting Justification as required by
39 CFR 3020.32, which the Postal
Service is also using to satisfy the
requirements of 39 CFR 3010.42(b)–(e);
and
• Attachment F—a financial model,
by which the Postal Service
demonstrates that it believes that the
instant contract will generate an
additional $13 million to $42 million in
contribution.
In its Request, the Postal Service
identifies Michelle Yorgey, Acting
Manager, Pricing Strategy, as the official
able to provide responses to queries
from the Commission. Id. at 2. David
Mastervich, Manager, Saturation and
Catalogs, provides the Statement of
Supporting Justification. Id.,
Attachment E. In his Statement of
Supporting Justification, Mr. Mastervich
reviews the factors and objectives of
section 3622(c) and concludes, inter
alia, that the instant contract will
provide an incentive for profitable new
mail; will enhance the financial position
of the Postal Service; will increase mail
volume; and will not imperil the ability
1 Notice of the United States Postal Service of
Filing of Contract and Supporting Data and Request
to Add Valassis Direct Mail, Inc. Negotiated Service
Agreement to the Market-Dominant Product List,
April 30, 2012 (Request).
PO 00000
Frm 00076
Fmt 4703
Sfmt 4703
of Standard Mail (or the instant
contract) to cover its attributable costs.
Id. at 1–3.
The Postal Service believes that this
NSA conforms to the policies of the
Postal Accountability and Enhancement
Act, and meets the statutory standards
supporting the desirability of special
classifications that improve the net
financial position of the Postal Service
by increasing contribution. Id. at 3.
Instant contract. The Postal Service
states that the objective of the instant
contract is twofold: (a) To maintain the
total contribution the Postal Service
receives from Valassis Saturation Mail
Postage, and (b) to provide an incentive
for Valassis to find innovative ways to
expand its use of Standard Mail.
Request at 2. The Postal Service
describes the instant contract and its
four key components: Mailer eligibility,
mail eligibility, mailing and volume
commitments, and rebates on Standard
Mail Saturation Flats Mail. Id. at 4.
To be eligible for the contract prices,
Valassis must initiate new shared
saturation mail programs (limited to
advertising of durable and semi-durable
goods with a physical retail outlet
presence in 30 or more states) in
markets where it has maintained an
existing Standard Mail Saturation
mailing program on at least a monthly
basis during the 2 years prior to the
execution of the instant contract.
Valassis must also maintain its preexisting shared mail program for the
duration of the instant contract, and
cannot transfer or consolidate
advertising from current advertisers into
the new program, extend the new
program to ZIP Codes or carrier routes
that are beyond the market profile of its
existing programs, or migrate
advertising circular business from the
solo mail stream into its new program.
Id.
Mailpieces eligible under this
program are Standard Mail Saturation
Flats entered at a destination Sectional
Center Facility (SCF) or Destination
Delivery Unit (DDU). Id. at 3. Qualifying
mailpieces must have dimensions
between 6.125″ x 11.5″ x .25″ and
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10MYN1
27492
Federal Register / Vol. 77, No. 91 / Thursday, May 10, 2012 / Notices
12″ x 15″ x .75″, and must contain
between 3 and 10 advertising inserts
during at least 9 of the 12 months of
each contract year. Id. at 5. The volume
mailed to DDUs must exceed 85 percent
of the total volume of pieces mailed. Id.
Valassis has agreed to initiate
mailings under the instant agreement
within 90 days of its effective date.
Otherwise, either party may cancel the
agreement within 30 days. Id. The
effective date is defined as the date on
which the Commission approves the
contract. Id., Attachment B at 5. If
Valassis decides to proceed with the
agreement, it must mail at least
1,000,000 pieces during the following
12 months or pay the Postal Service a
one-time fee of $100,000. Request at 5.
If all the above conditions are met,
Valassis will earn an annual rebate on
published prices as follows:
DDU rate
SCF rate
4.5 to 6.5 ounces ...............................................
6.5 to 9 ounces ..................................................
9.0 ounces to 11 ounces ....................................
Over 11 ounces ..................................................
mstockstill on DSK4VPTVN1PROD with NOTICES
Weight per piece
20% off published rates at the time of mailing
$0.172 ..............................................................
$0.211 ..............................................................
20% off published rates at the time of mailing
20% off published rates at the time of mailing.
$0.185.
$0.229.
20% off published rates at the time of mailing.
The annual rebate will be paid after
the end of each contract year. Id. at
5–6. If the Postal Service implements
price adjustments during the term of the
agreement, the rebate prices for the 6.5to 9.0-ounce and 9.0- to 11-ounce
mailpieces will be adjusted in an
amount equal to the percentage price
change for Standard Mail Saturation
Flats, provided that the rebates remain
in the range of 22 percent to 34 percent.
Id. at 6. The mailpieces sent under the
instant contract will be entered
exclusively under dedicated
PostalOneTM permit accounts. Id.
The Postal Service expects that the
value of the agreement to still be
positive if the penalty provision is
triggered, reducing the risk of the
agreement. Id. at 7.
Similarly situated mailers. With
respect to potential similarly situated
mailers, the Postal Service states that
the design imperative—to generate
additional contribution—and the basic
structure of the agreement with Valassis
as described in the Request, will guide
the Postal Service in the negotiation of
similar agreements and may, in other
NSAs, yield parameters that are
substantially different from those in the
instant contract. Id. at 6–7. It states that
in assessing the desirability of the
instant contract, it believes that the
defining characteristics of Valassis are
its size, nationwide distribution
network, and significant volume of
Saturation Mail. Id. at 7. It maintains
that these characteristics enable Valassis
to provide a new opportunity to retail
advertisers of durable and semi-durable
goods that is scalable across multiple
media markets. Id. In offering similar
agreements, the Postal Service will look
for all of these characteristics, as well as
other conditions that might affect a
favorable contractual agreement. Id.
Notice. The Postal Service represents
that it will inform customers of the new
classification changes and associated
price effects through a press release,
VerDate Mar<15>2010
17:18 May 09, 2012
Jkt 226001
notification on www.usps.com, and
publication in the Federal Register.
SECURITIES AND EXCHANGE
COMMISSION
II. Notice of Filing
Proposed Collection; Comment
Request
The Commission establishes Docket
Nos. MC2012–14 and R2012–8 for
consideration of the Request pertaining
to the proposed new product and the
related contract, respectively.
Interested persons may submit
comments on whether the Postal
Service’s filing in the captioned dockets
are consistent with the policies of 39
U.S.C. 3622 and 3642 as well as 39 CFR
parts 3010 and 3020. Comments are due
no later than May 23, 2012. Reply
comments to initial comments are due
May 30, 2012. The filing can be
accessed via the Commission’s Web site
(https://www.prc.gov).
The Commission appoints Malin G.
Moench to serve as Public
Representative in these dockets.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
Nos. MC2012–14 and R2012–8 for
consideration of the matters raised in
each docket.
2. Pursuant to 39 U.S.C. 505, Malin G.
Moench is appointed to serve as officer
of the Commission (Public
Representative) to represent the
interests of the general public in these
proceedings.
3. Initial comments by interested
persons in these proceedings are due no
later than May 23, 2012.
4. Reply comments may be filed no
later than May 30, 2012.
5. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Ruth Ann Abrams,
Acting Secretary.
[FR Doc. 2012–11204 Filed 5–9–12; 8:45 am]
BILLING CODE 7710–FW–P
PO 00000
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Fmt 4703
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Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Form 1–E, Regulation E, SEC File No. 270–
221, OMB Control No. 3235–0232.
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 (the
‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information of the Office of
Management and Budget for extension
and approval.
Form 1–E (17 CFR 239.200) under the
Securities Act of 1933 (15 U.S.C. 77a et
seq.) (‘‘Securities Act’’) is the form that
a small business investment company
(‘‘SBIC’’) or business development
company (‘‘BDC’’) uses to notify the
Commission that it is claiming an
exemption under Regulation E from
registering its securities under the
Securities Act. Rule 605 of Regulation E
(17 CFR 230.605) under the Securities
Act requires an SBIC or BDC claiming
such an exemption to file an offering
circular with the Commission that must
also be provided to persons to whom an
offer is made. Form 1–E requires an
issuer to provide the names and
addresses of the issuer, its affiliates,
directors, officers, and counsel; a
description of events which would
make the exemption unavailable; the
jurisdictions in which the issuer intends
to offer the securities; information about
unregistered securities issued or sold by
the issuer within one year before filing
the notification on Form 1–E;
information as to whether the issuer is
E:\FR\FM\10MYN1.SGM
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]]>Agencies
[Federal Register Volume 77, Number 91 (Thursday, May 10, 2012)]
[Notices]
[Pages 27491-27492]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-11204]
=======================================================================
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket No. MC2012-14 and R2012-8; Order No. 1330]
New Postal Product
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Commission is noticing a recently-filed Postal Service
request to add a negotiated service agreement with Valassis Direct
Mail, Inc. to the market dominant product list. This notice addresses
procedural steps associated with this filing.
DATES: Comments are due: May 23, 2012.
Reply Comments are due: May 30, 2012.
ADDRESSES: Submit comments electronically via the Commission's Filing
Online system at https://www.prc.gov. Commenters who cannot submit their
views electronically should contact the person identified in FOR
FURTHER INFORMATION CONTACT by telephone for advice on alternatives to
electronic filing.
FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, General Counsel
at 202-789-6820.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction
II. Notice of Filing
III. Ordering Paragraphs
I. Introduction
On April 30, 2012, the Postal Service filed a request pursuant to
39 U.S.C. 3622 and 3642, as well as 39 CFR 3010 and 3020 et seq., to
add a negotiated service agreement (NSA) with Valassis Direct Mail,
Inc. (Valassis) to the market dominant product list.\1\
---------------------------------------------------------------------------
\1\ Notice of the United States Postal Service of Filing of
Contract and Supporting Data and Request to Add Valassis Direct
Mail, Inc. Negotiated Service Agreement to the Market-Dominant
Product List, April 30, 2012 (Request).
---------------------------------------------------------------------------
Request. In support of its Request, the Postal Service filed six
attachments as follows:
Attachment A--a copy of Governors' Resolution No. 11-4,
establishing mail classifications and rates corresponding to Domestic
Market Dominant Agreements, Inbound International Market Dominant
Agreements, and Other Non-Published Market Dominant Rates;
Attachment B--a copy of the instant contract;
Attachment C--proposed changes to the Mail Classification
Schedule (MCS);
Attachment D--a proposed data collection plan;
Attachment E-a Statement of Supporting Justification as
required by 39 CFR 3020.32, which the Postal Service is also using to
satisfy the requirements of 39 CFR 3010.42(b)-(e); and
Attachment F--a financial model, by which the Postal
Service demonstrates that it believes that the instant contract will
generate an additional $13 million to $42 million in contribution.
In its Request, the Postal Service identifies Michelle Yorgey,
Acting Manager, Pricing Strategy, as the official able to provide
responses to queries from the Commission. Id. at 2. David Mastervich,
Manager, Saturation and Catalogs, provides the Statement of Supporting
Justification. Id., Attachment E. In his Statement of Supporting
Justification, Mr. Mastervich reviews the factors and objectives of
section 3622(c) and concludes, inter alia, that the instant contract
will provide an incentive for profitable new mail; will enhance the
financial position of the Postal Service; will increase mail volume;
and will not imperil the ability of Standard Mail (or the instant
contract) to cover its attributable costs. Id. at 1-3.
The Postal Service believes that this NSA conforms to the policies
of the Postal Accountability and Enhancement Act, and meets the
statutory standards supporting the desirability of special
classifications that improve the net financial position of the Postal
Service by increasing contribution. Id. at 3.
Instant contract. The Postal Service states that the objective of
the instant contract is twofold: (a) To maintain the total contribution
the Postal Service receives from Valassis Saturation Mail Postage, and
(b) to provide an incentive for Valassis to find innovative ways to
expand its use of Standard Mail. Request at 2. The Postal Service
describes the instant contract and its four key components: Mailer
eligibility, mail eligibility, mailing and volume commitments, and
rebates on Standard Mail Saturation Flats Mail. Id. at 4.
To be eligible for the contract prices, Valassis must initiate new
shared saturation mail programs (limited to advertising of durable and
semi-durable goods with a physical retail outlet presence in 30 or more
states) in markets where it has maintained an existing Standard Mail
Saturation mailing program on at least a monthly basis during the 2
years prior to the execution of the instant contract. Valassis must
also maintain its pre-existing shared mail program for the duration of
the instant contract, and cannot transfer or consolidate advertising
from current advertisers into the new program, extend the new program
to ZIP Codes or carrier routes that are beyond the market profile of
its existing programs, or migrate advertising circular business from
the solo mail stream into its new program. Id.
Mailpieces eligible under this program are Standard Mail Saturation
Flats entered at a destination Sectional Center Facility (SCF) or
Destination Delivery Unit (DDU). Id. at 3. Qualifying mailpieces must
have dimensions between 6.125'' x 11.5'' x .25'' and
[[Page 27492]]
12'' x 15'' x .75'', and must contain between 3 and 10 advertising
inserts during at least 9 of the 12 months of each contract year. Id.
at 5. The volume mailed to DDUs must exceed 85 percent of the total
volume of pieces mailed. Id.
Valassis has agreed to initiate mailings under the instant
agreement within 90 days of its effective date. Otherwise, either party
may cancel the agreement within 30 days. Id. The effective date is
defined as the date on which the Commission approves the contract. Id.,
Attachment B at 5. If Valassis decides to proceed with the agreement,
it must mail at least 1,000,000 pieces during the following 12 months
or pay the Postal Service a one-time fee of $100,000. Request at 5.
If all the above conditions are met, Valassis will earn an annual
rebate on published prices as follows:
------------------------------------------------------------------------
Weight per piece DDU rate SCF rate
------------------------------------------------------------------------
4.5 to 6.5 ounces........... 20% off published 20% off published
rates at the time rates at the time
of mailing. of mailing.
6.5 to 9 ounces............. $0.172.............. $0.185.
9.0 ounces to 11 ounces..... $0.211.............. $0.229.
Over 11 ounces.............. 20% off published 20% off published
rates at the time rates at the time
of mailing. of mailing.
------------------------------------------------------------------------
The annual rebate will be paid after the end of each contract year.
Id. at 5-6. If the Postal Service implements price adjustments during
the term of the agreement, the rebate prices for the 6.5- to 9.0-ounce
and 9.0- to 11-ounce mailpieces will be adjusted in an amount equal to
the percentage price change for Standard Mail Saturation Flats,
provided that the rebates remain in the range of 22 percent to 34
percent. Id. at 6. The mailpieces sent under the instant contract will
be entered exclusively under dedicated PostalOneTM permit
accounts. Id.
The Postal Service expects that the value of the agreement to still
be positive if the penalty provision is triggered, reducing the risk of
the agreement. Id. at 7.
Similarly situated mailers. With respect to potential similarly
situated mailers, the Postal Service states that the design
imperative--to generate additional contribution--and the basic
structure of the agreement with Valassis as described in the Request,
will guide the Postal Service in the negotiation of similar agreements
and may, in other NSAs, yield parameters that are substantially
different from those in the instant contract. Id. at 6-7. It states
that in assessing the desirability of the instant contract, it believes
that the defining characteristics of Valassis are its size, nationwide
distribution network, and significant volume of Saturation Mail. Id. at
7. It maintains that these characteristics enable Valassis to provide a
new opportunity to retail advertisers of durable and semi-durable goods
that is scalable across multiple media markets. Id. In offering similar
agreements, the Postal Service will look for all of these
characteristics, as well as other conditions that might affect a
favorable contractual agreement. Id.
Notice. The Postal Service represents that it will inform customers
of the new classification changes and associated price effects through
a press release, notification on www.usps.com, and publication in the
Federal Register.
II. Notice of Filing
The Commission establishes Docket Nos. MC2012-14 and R2012-8 for
consideration of the Request pertaining to the proposed new product and
the related contract, respectively.
Interested persons may submit comments on whether the Postal
Service's filing in the captioned dockets are consistent with the
policies of 39 U.S.C. 3622 and 3642 as well as 39 CFR parts 3010 and
3020. Comments are due no later than May 23, 2012. Reply comments to
initial comments are due May 30, 2012. The filing can be accessed via
the Commission's Web site (https://www.prc.gov).
The Commission appoints Malin G. Moench to serve as Public
Representative in these dockets.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket Nos. MC2012-14 and R2012-8 for
consideration of the matters raised in each docket.
2. Pursuant to 39 U.S.C. 505, Malin G. Moench is appointed to serve
as officer of the Commission (Public Representative) to represent the
interests of the general public in these proceedings.
3. Initial comments by interested persons in these proceedings are
due no later than May 23, 2012.
4. Reply comments may be filed no later than May 30, 2012.
5. The Secretary shall arrange for publication of this order in the
Federal Register.
By the Commission.
Ruth Ann Abrams,
Acting Secretary.
[FR Doc. 2012-11204 Filed 5-9-12; 8:45 am]
BILLING CODE 7710-FW-P
