New Postal Product, 14307-14308 [2014-05448]
Download as PDF
<![CDATA[
Federal Register / Vol. 79, No. 49 / Thursday, March 13, 2014 / Notices
Requirements in 10 CFR 51.22(c)(9)(iii)
The proposed exemption would allow
the use of the Optimized ZIRLOTM fuel
rod cladding material in the reactors.
Optimized ZIRLOTM has essentially the
same properties as the currently
licensed ZIRLO®. The use of the
Optimized ZIRLOTM fuel rod cladding
material will not significantly increase
individual occupational radiation
exposure, or significantly increase
cumulative occupational radiation
exposure. Therefore, the provision of 10
CFR 51.22(c)(9)(iii) is satisfied.
Conclusion
Based on the above, the NRC staff
concludes that the proposed exemption
meets the eligibility criteria for the
categorical exclusion set forth in 10 CFR
51.22(c)(9). Therefore, in accordance
with 10 CFR 51.22(b), no environmental
impact statement or environmental
assessment need be prepared in
connection with the NRC’s proposed
issuance of this exemption.
IV. Conclusions
Accordingly, the Commission has
determined that, pursuant to 10 CFR
50.12, the exemption is authorized by
law, will not present an undue risk to
the public health and safety, and is
consistent with the common defense
and security. Also, special
circumstances are present. Therefore,
the Commission hereby grants NextEra
an exemption from the requirements of
10 CFR 50.46 and Appendix K to 10
CFR Part 50, to allow the use of
Optimized ZIRLOTM fuel rod cladding
material at Seabrook. As stated above,
this exemption relates solely to the
cladding material specified in these
regulations.
This exemption is effective upon
issuance.
Dated at Rockville, Maryland, this 28th day
of February 2014.
For the Nuclear Regulatory Commission.
Michele Evans,
Director, Division of Operating Reactor
Licensing, Office of Nuclear Reactor
Regulation.
[FR Doc. 2014–05498 Filed 3–12–14; 8:45 am]
BILLING CODE 7590–01–P
TKELLEY on DSK3SPTVN1PROD with NOTICES
POSTAL REGULATORY COMMISSION
[Docket Nos. MC2014–21 and R2014–6;
Order No. 2009]
New Postal Product
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
VerDate Mar<15>2010
17:33 Mar 12, 2014
Jkt 232001
The Commission is noticing a
recent Postal Service filing requesting
the addition of PHI Acquisitions, Inc. to
the market dominant product list. This
notice informs the public of the filing,
invites public comment, and takes other
administrative steps.
DATES: Comments are due: March 27,
2014. Reply comments are due: April 3,
2014.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Those who cannot submit
comments electronically should contact
the person identified in the FOR FURTHER
INFORMATION CONTACT section by
telephone for advice on filing
alternatives.
FOR FURTHER INFORMATION CONTACT:
Brian Corcoran, Acting General Counsel,
at 202–789–6820.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Table of Contents
I. Introduction
II. Notice of Filings
III. Ordering Paragraphs
I. Introduction
On March 5, 2014, 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 PHI
Acquisitions, Inc. (PHI) negotiated
service agreement 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. 14–02,
authorizing a negotiated service
agreement with PHI;
• Attachment B—a copy of the
contract;
• Attachment C—proposed
descriptive language changes to the Mail
Classification Schedule;
• 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 also is using to satisfy the
requirements of 39 CFR 3010.42(b)–(e);
and
• Attachment F—a financial model,
which the Postal Service believes
demonstrates that the agreement will
have a net value of approximately
$10.748 million.2
1 Notice of the United States Postal Service of
Filing Contract and Supporting Data and Request to
Add PHI Acquisitions, Inc. Negotiated Service
Agreement to the Market-Dominant Product List,
March 5, 2014 (Request).
2 This Attachment is also referred to as
‘‘Attachment X’’ in the Request. Request at 12.
PO 00000
Frm 00096
Fmt 4703
Sfmt 4703
14307
In its Request, the Postal Service
identifies Bruce Allen, Manager, Pricing
Innovation as the official able to provide
responses to queries from the
Commission. In his Statement of
Supporting Justification, Mr. Allen
reviews the factors and objectives of
section 3622(b) and (c) and concludes,
inter alia, that the agreement will
provide an incentive for profitable mail;
will enhance the financial position of
the Postal Service; will increase mail
volume; will not imperil the ability of
Standard Mail to cover its attributable
costs; and promotes the use of
intelligent mail. Id., Attachment E at 1–
3.
The Postal Service believes that the
PHI negotiated service agreement
conforms to the policies of the Postal
Accountability and Enhancement Act
and meets the statutory standards
supporting the desirability of this
special classification under 39 U.S.C.
3622(c)(10). Request at 3. In particular,
the Postal Service believes the
agreement has the potential to enhance
the Postal Service’s financial position,
and it will not cause unreasonable harm
to the marketplace. Id.
Related contract. The Postal Service
indicates that the agreement is designed
to increase the total contribution the
Postal Service receives from PHI
Standard Mail Carrier Route Flats
volume and revenue by generating new,
incremental Standard Mail Carrier
Route Flats volume and revenue. Id. at
6–7. The Postal Service describes the
agreement and its four main
components: (1) A volume threshold, (2)
a volume threshold adjustment, (3) a
volume commitment, and (4) rebates on
qualifying Standard Mail Carrier Route
Flats volume.
Specifically, the volume threshold is
based on the amount of PHI’s total
volume for all four categories of Carrier
Route Flats (Saturation, High Density
Plus, High Density, and Basic), as well
as Flats Sequencing System (‘‘FSS’’)
Flats with a full-service IMb
barcode.3 Id. The baseline for the
volume threshold is PHI’s total volume
for these categories over the four
quarters from October 1, 2012 through
September 30, 2013. For the first year of
the agreement, the threshold is the
baseline volume. Id. For years two
through five of the agreement, the
threshold is the previous year’s annual
volume growth times the adjustment
factor plus the previous year’s volume
threshold. Id. at 7–8.
3 FSS Flats are included in the event FSS Flats
become a category or sub-category during the term
of the negotiated service agreement. Id. at 7.
E:\FR\FM\13MRN1.SGM
13MRN1
TKELLEY on DSK3SPTVN1PROD with NOTICES
14308
Federal Register / Vol. 79, No. 49 / Thursday, March 13, 2014 / Notices
The volume threshold adjustment is
intended to ensure that, after rebates,
total volume and contribution from
PHI’s overall business will continue to
grow and thus is adjusted upward
annually. Id. The adjustment factor is
based on the incremental response rate
for the incremental volume and the
aggregate number of catalogs mailed
annually to each new buyer. Id. The
agreement also contains a volume
commitment, equal to the volume
threshold. If the amount of PHI’s total
volume from eligible Standard Mail
Carrier Route Flats in the first year of
the contract is less than the threshold,
PHI must pay a $100,000 penalty to the
Postal Service. Id. at 9.
If PHI exceeds the quarterly volume
threshold in any quarter, it will earn
rebates on its qualifying Standard Mail
Carrier Route Flats volume. The rebates
for PHI’s qualifying mail will be
determined based on the volume
increase above the quarterly volume
threshold. Id. For volume increases up
to 10 percent above the quarterly
threshold, PHI will receive a 10 percent
rebate from published prices for all
qualifying mail. Id. For volume
increases between 10.01 percent and 18
percent above the quarterly threshold,
PHI will receive a 15 percent rebate
from published prices for all qualifying
mail. Id. For volume increases over 18
percent above the quarterly threshold,
PHI will receive a 20 percent rebate
from published prices for all qualifying
mail. Id.
The Postal Service also describes
several other elements of the agreement:
(1) An acquisition clause, which
accounts for the acquisition of another
company or catalog title; (2) a
divestiture clause, which accounts for
decreased mailing activity due to the
divestiture of a catalog title; (3) a
termination clause, which allows either
party to end the agreement with 30 days
written notice to the other party, based
on certain conditions, including a
package volume commitment by PHI; (4)
an option to renew clause, which allows
the parties to renew the agreement for
up to five additional years if specified
criteria is met; and (5) an incentive
programs clause, which allows PHI to
participate in Postal Service incentive
programs while preventing PHI from
double-dipping on incentives. Id. at 9–
10.
The Postal Service indicates that the
contract will become effective July 1,
2014 or on a date agreed to by the
parties. Id. at 1.4 The agreement will
4 The agreement states the effective date ‘‘shall be
the day after the Commission issues all necessary
regulatory approval.’’ Id., Attachment B at 12.
VerDate Mar<15>2010
17:33 Mar 12, 2014
Jkt 232001
expire five years from the effective date.
Id., Attachments A and B.
Similarly situated mailers. With
respect to potential similarly situated
mailers, the Postal Service states that
the design imperative, to generate
additional contributions, and the basic
structure of the agreement described in
the Request, will guide the Postal
Service in the negotiation of similar
agreements as well as those that are
substantially different. Id. at 10–11. It
notes that in assessing the desirability of
the agreement, the Postal Service
believes that the defining characteristics
of PHI are its size, its large but stagnant
catalog mail volume history, and the
availability of company mail and catalog
data. Id. at 11. In offering a similar
agreement to similarly situated
customers, the Postal Service will look
for these characteristics and for the
customer to demonstrate that it has the
resources and infrastructure to add
significant incremental catalog volume.
Id.
Notice. The Postal Service represents
that it will inform customers of the new
classification changes and associated
price effects through a notice published
in the Federal Register. Id. at 1.
II. Notice of Filing
The Commission establishes Docket
Nos. MC2014–21 and R2014–6 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 March 27, 2014. Reply
comments to initial comments are due
no later than April 3, 2014. The filing
can be accessed via the Commission’s
Web site (https://www.prc.gov).
The Commission appoints John P.
Klingenberg to serve as Public
Representative in these dockets.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
Nos. MC2014–21 and R2014–6 for
consideration of the matters raised in
each docket.
2. Pursuant to 39 U.S.C. 505, John P.
Klingenberg is appointed to serve as
officer of the Commission (Public
Representative) to represent the
interests of the general public in these
proceedings.
3. Comments by interested persons in
these proceedings are due no later than
March 27, 2014.
PO 00000
Frm 00097
Fmt 4703
Sfmt 4703
4. Reply comments may be filed no
later than April 3, 2014.
5. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Ruth Ann Abrams,
Acting Secretary.
[FR Doc. 2014–05448 Filed 3–12–14; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Rule 433, OMB Control No. 3235–0617,
SEC File No. 270–558.
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’’) is soliciting comments
on the collections of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget (‘‘OMB’’) for
extension and approval.
Rule 433 (17 CFR 230.433) governs
the use and filing of free writing
prospectuses under the Securities Act of
1933 (15 U.S.C. 77a et seq.). The
purpose of Rule 433 is to reduce the
restrictions on communications that a
company can make to investors during
a registered offering of its securities,
while maintaining a high level of
investor protection. A free writing
prospectus meeting the conditions of
Rule 433(d)(1) must be filed with the
Commission and is publicly available.
We estimate that it takes approximately
1.3 burden hours per response to
prepare a free writing prospectus and
that the information is filed by 2,906
respondents approximately 1.25 times a
year for a total of 3,633 responses. We
estimate that 25% of the 1.3 burden
hours per response (0.32 hours) is
prepared by the company for total
annual reporting burden of 1,163 hours
(0.32 hours × 3,633 responses).
Written comments are invited on: (a)
Whether this proposed collection of
information is necessary for the
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
E:\FR\FM\13MRN1.SGM
13MRN1
]]>Agencies
[Federal Register Volume 79, Number 49 (Thursday, March 13, 2014)]
[Notices]
[Pages 14307-14308]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-05448]
=======================================================================
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket Nos. MC2014-21 and R2014-6; Order No. 2009]
New Postal Product
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Commission is noticing a recent Postal Service filing
requesting the addition of PHI Acquisitions, Inc. to the market
dominant product list. This notice informs the public of the filing,
invites public comment, and takes other administrative steps.
DATES: Comments are due: March 27, 2014. Reply comments are due: April
3, 2014.
ADDRESSES: Submit comments electronically via the Commission's Filing
Online system at https://www.prc.gov. Those who cannot submit comments
electronically should contact the person identified in the FOR FURTHER
INFORMATION CONTACT section by telephone for advice on filing
alternatives.
FOR FURTHER INFORMATION CONTACT: Brian Corcoran, Acting General
Counsel, at 202-789-6820.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction
II. Notice of Filings
III. Ordering Paragraphs
I. Introduction
On March 5, 2014, 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 PHI Acquisitions, Inc. (PHI) negotiated service agreement to the
market dominant product list.\1\
---------------------------------------------------------------------------
\1\ Notice of the United States Postal Service of Filing
Contract and Supporting Data and Request to Add PHI Acquisitions,
Inc. Negotiated Service Agreement to the Market-Dominant Product
List, March 5, 2014 (Request).
---------------------------------------------------------------------------
Request. In support of its Request, the Postal Service filed six
attachments as follows:
Attachment A--a copy of Governors' Resolution No. 14-02,
authorizing a negotiated service agreement with PHI;
Attachment B--a copy of the contract;
Attachment C--proposed descriptive language changes to the
Mail Classification Schedule;
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 also is using to
satisfy the requirements of 39 CFR 3010.42(b)-(e); and
Attachment F--a financial model, which the Postal Service
believes demonstrates that the agreement will have a net value of
approximately $10.748 million.\2\
---------------------------------------------------------------------------
\2\ This Attachment is also referred to as ``Attachment X'' in
the Request. Request at 12.
---------------------------------------------------------------------------
In its Request, the Postal Service identifies Bruce Allen, Manager,
Pricing Innovation as the official able to provide responses to queries
from the Commission. In his Statement of Supporting Justification, Mr.
Allen reviews the factors and objectives of section 3622(b) and (c) and
concludes, inter alia, that the agreement will provide an incentive for
profitable mail; will enhance the financial position of the Postal
Service; will increase mail volume; will not imperil the ability of
Standard Mail to cover its attributable costs; and promotes the use of
intelligent mail. Id., Attachment E at 1-3.
The Postal Service believes that the PHI negotiated service
agreement conforms to the policies of the Postal Accountability and
Enhancement Act and meets the statutory standards supporting the
desirability of this special classification under 39 U.S.C.
3622(c)(10). Request at 3. In particular, the Postal Service believes
the agreement has the potential to enhance the Postal Service's
financial position, and it will not cause unreasonable harm to the
marketplace. Id.
Related contract. The Postal Service indicates that the agreement
is designed to increase the total contribution the Postal Service
receives from PHI Standard Mail Carrier Route Flats volume and revenue
by generating new, incremental Standard Mail Carrier Route Flats volume
and revenue. Id. at 6-7. The Postal Service describes the agreement and
its four main components: (1) A volume threshold, (2) a volume
threshold adjustment, (3) a volume commitment, and (4) rebates on
qualifying Standard Mail Carrier Route Flats volume.
Specifically, the volume threshold is based on the amount of PHI's
total volume for all four categories of Carrier Route Flats
(Saturation, High Density Plus, High Density, and Basic), as well as
Flats Sequencing System (``FSS'') Flats with a full-service IMb
barcode.\3\ Id. The baseline for the volume threshold is PHI's total
volume for these categories over the four quarters from October 1, 2012
through September 30, 2013. For the first year of the agreement, the
threshold is the baseline volume. Id. For years two through five of the
agreement, the threshold is the previous year's annual volume growth
times the adjustment factor plus the previous year's volume threshold.
Id. at 7-8.
---------------------------------------------------------------------------
\3\ FSS Flats are included in the event FSS Flats become a
category or sub-category during the term of the negotiated service
agreement. Id. at 7.
---------------------------------------------------------------------------
[[Page 14308]]
The volume threshold adjustment is intended to ensure that, after
rebates, total volume and contribution from PHI's overall business will
continue to grow and thus is adjusted upward annually. Id. The
adjustment factor is based on the incremental response rate for the
incremental volume and the aggregate number of catalogs mailed annually
to each new buyer. Id. The agreement also contains a volume commitment,
equal to the volume threshold. If the amount of PHI's total volume from
eligible Standard Mail Carrier Route Flats in the first year of the
contract is less than the threshold, PHI must pay a $100,000 penalty to
the Postal Service. Id. at 9.
If PHI exceeds the quarterly volume threshold in any quarter, it
will earn rebates on its qualifying Standard Mail Carrier Route Flats
volume. The rebates for PHI's qualifying mail will be determined based
on the volume increase above the quarterly volume threshold. Id. For
volume increases up to 10 percent above the quarterly threshold, PHI
will receive a 10 percent rebate from published prices for all
qualifying mail. Id. For volume increases between 10.01 percent and 18
percent above the quarterly threshold, PHI will receive a 15 percent
rebate from published prices for all qualifying mail. Id. For volume
increases over 18 percent above the quarterly threshold, PHI will
receive a 20 percent rebate from published prices for all qualifying
mail. Id.
The Postal Service also describes several other elements of the
agreement: (1) An acquisition clause, which accounts for the
acquisition of another company or catalog title; (2) a divestiture
clause, which accounts for decreased mailing activity due to the
divestiture of a catalog title; (3) a termination clause, which allows
either party to end the agreement with 30 days written notice to the
other party, based on certain conditions, including a package volume
commitment by PHI; (4) an option to renew clause, which allows the
parties to renew the agreement for up to five additional years if
specified criteria is met; and (5) an incentive programs clause, which
allows PHI to participate in Postal Service incentive programs while
preventing PHI from double-dipping on incentives. Id. at 9-10.
The Postal Service indicates that the contract will become
effective July 1, 2014 or on a date agreed to by the parties. Id. at
1.\4\ The agreement will expire five years from the effective date.
Id., Attachments A and B.
---------------------------------------------------------------------------
\4\ The agreement states the effective date ``shall be the day
after the Commission issues all necessary regulatory approval.''
Id., Attachment B at 12.
---------------------------------------------------------------------------
Similarly situated mailers. With respect to potential similarly
situated mailers, the Postal Service states that the design imperative,
to generate additional contributions, and the basic structure of the
agreement described in the Request, will guide the Postal Service in
the negotiation of similar agreements as well as those that are
substantially different. Id. at 10-11. It notes that in assessing the
desirability of the agreement, the Postal Service believes that the
defining characteristics of PHI are its size, its large but stagnant
catalog mail volume history, and the availability of company mail and
catalog data. Id. at 11. In offering a similar agreement to similarly
situated customers, the Postal Service will look for these
characteristics and for the customer to demonstrate that it has the
resources and infrastructure to add significant incremental catalog
volume. Id.
Notice. The Postal Service represents that it will inform customers
of the new classification changes and associated price effects through
a notice published in the Federal Register. Id. at 1.
II. Notice of Filing
The Commission establishes Docket Nos. MC2014-21 and R2014-6 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 March 27, 2014. Reply comments to
initial comments are due no later than April 3, 2014. The filing can be
accessed via the Commission's Web site (https://www.prc.gov).
The Commission appoints John P. Klingenberg to serve as Public
Representative in these dockets.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket Nos. MC2014-21 and R2014-6 for
consideration of the matters raised in each docket.
2. Pursuant to 39 U.S.C. 505, John P. Klingenberg is appointed to
serve as officer of the Commission (Public Representative) to represent
the interests of the general public in these proceedings.
3. Comments by interested persons in these proceedings are due no
later than March 27, 2014.
4. Reply comments may be filed no later than April 3, 2014.
5. The Secretary shall arrange for publication of this order in the
Federal Register.
By the Commission.
Ruth Ann Abrams,
Acting Secretary.
[FR Doc. 2014-05448 Filed 3-12-14; 8:45 am]
BILLING CODE 7710-FW-P
