FY 2015 Annual Compliance Report, 523-525 [2015-33192]
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Federal Register / Vol. 81, No. 3 / Wednesday, January 6, 2016 / Notices
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Archives and Records Administration
(NARA) or a PBGC records disposition
schedule approved by NARA.
Records existing on paper are
destroyed beyond recognition. Records
existing on computer storage media are
destroyed according to the applicable
PBGC media sanitization practice.
SYSTEM MANAGER(S) AND ADDRESS:
Director, Benefits Administration and
Payments Department, PBGC, 1200 K
Street NW., Washington, DC 20005.
NOTIFICATION PROCEDURE:
Individuals wishing to learn whether
this system of records contains
information about them should submit a
written request to the Disclosure Officer,
PBGC, 1200 K Street NW., Washington,
DC 20005, and provide the following
information:
a. Full name.
b. Any available information
regarding the type of record involved.
c. The address to which the record
information should be sent.
d. You must sign your request.
Attorneys or other persons acting on
behalf of an individual must provide
written authorization from that
individual for the representative to act
on their behalf.
Individuals requesting access must
also comply with PBGC’s Privacy Act
regulations regarding verification of
identity and access to records (29 CFR
4902.3).
mstockstill on DSK4VPTVN1PROD with NOTICES
RECORD ACCESS PROCEDURE:
Individuals wishing to request access
to their records should submit a written
request to the Disclosure Officer, PBGC,
1200 K Street NW., Washington, DC
20005, and provide the following
information:
a. Full name.
b. Any available information
regarding the type of record involved.
c. The address to which the record
information should be sent.
d. You must sign your request.
Attorneys or other persons acting on
behalf of an individual must provide
written authorization from that
individual for the representative to act
on their behalf.
Individuals requesting access must
also comply with PBGC’s Privacy Act
regulations regarding verification of
identity and access to records (29 CFR
4902.3).
CONTESTING RECORD PROCEDURE:
Individuals wishing to request an
amendment to their records should
submit a written request to the
Disclosure Officer, PBGC, 1200 K Street
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17:32 Jan 05, 2016
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NW., Washington, DC 20005, and
provide the following information:
a. Full name.
b. Any available information
regarding the type of record involved.
c. A statement specifying the changes
to be made in the records and the
justification therefor.
d. The address to which the response
should be sent.
e. You must sign your request.
Attorneys or other persons acting on
behalf of an individual must provide
written authorization from that
individual for the representative to act
on their behalf.
RECORD SOURCE CATEGORIES:
PBGC–6; the SSA; the IRS; labor
organization officials; firms or agencies
providing locator services; USPS
licensees; field benefit administrator
offices; and any other individual that
provides PBGC with information
regarding a missing participant,
beneficiary, or alternate payee.
EXEMPTIONS CLAIMED FOR THE SYSTEM:
None.
[FR Doc. 2015–33294 Filed 1–5–16; 8:45 am]
BILLING CODE 7709–02–P
POSTAL REGULATORY COMMISSION
[Docket Nos. ACR2015; Order No. 2968]
FY 2015 Annual Compliance Report
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Postal Service has filed
an Annual Compliance Report on the
costs, revenues, rates, and quality of
service associated with its products in
fiscal year 2015. Within 90 days, the
Commission must evaluate that
information and issue its determination
as to whether rates were in compliance
with title 39, chapter 36, and whether
service standards in effect were met. To
assist in this, the Commission seeks
public comments on the Postal Service’s
Annual Compliance Report.
DATES: Comments are due: February 2,
2016. Reply Comments are due:
February 12, 2016.
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:
David A. Trissell, General Counsel, at
202–789–6820.
SUMMARY:
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523
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction
II. Overview of the Postal Service’s FY 2015
ACR
III. Procedural Steps
IV. Ordering Paragraphs
I. Introduction
On December 29, 2015, the United
States Postal Service (Postal Service)
filed with the Commission, pursuant to
39 U.S.C. 3652, its Annual Compliance
Report (ACR) for fiscal year (FY) 2015.1
Section 3652 requires submission of
data and information on the costs,
revenues, rates, and quality of service
associated with postal products within
90 days of the closing of each fiscal
year. In conformance with other
statutory provisions and Commission
rules, the ACR includes the Postal
Service’s FY 2015 Comprehensive
Statement, its FY 2015 annual report to
the Secretary of the Treasury on the
Competitive Products Fund, and certain
related Competitive Products Fund
material. See respectively, 39 U.S.C.
3652(g), 39 U.S.C. 2011(i), and 39 CFR
3060.20–23. In line with past practice,
some of the material in the FY 2015
ACR appears in non-public annexes.
The filing begins a review process that
results in an Annual Compliance
Determination (ACD) issued by the
Commission to determine whether
Postal Service products offered during
FY 2015 were in compliance with
applicable title 39 requirements.
II. Overview of the Postal Service’s FY
2015 ACR
Contents of the filing. The Postal
Service’s FY 2015 ACR consists of a 73page narrative; extensive additional
material appended as separate folders
and identified in Attachment One; and
an application for non-public treatment
of certain materials, along with
supporting rationale, filed as
Attachment Two. The filing also
includes the Comprehensive
Statement,2 Report to the Secretary of
the Treasury, and information on the
Competitive Products Fund filed in
response to Commission rules. This
1 United States Postal Service FY 2015 Annual
Compliance Report, December 29, 2015 (FY 2015
ACR). Public portions of the Postal Service’s filing
are available on the Commission’s Web site at
https://www.prc.gov.
2 In years prior to 2013, the Commission reviewed
the Postal Service’s reports prepared pursuant to 39
U.S.C. 2803 and 39 U.S.C. 2804 (filed as the
Comprehensive Statement by the Postal Service) in
its Annual Compliance Determination. However, as
it did last year, the Commission intends to issue a
separate notice soliciting comments on the
comprehensive statement and provide its related
analysis in a separate report from the ACD.
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06JAN1
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524
Federal Register / Vol. 81, No. 3 / Wednesday, January 6, 2016 / Notices
material has been filed electronically
with the Commission, and some also
has been filed in hard-copy form.
Scope of filing. The material
appended to the narrative consists of:
(1) Domestic product costing material
filed on an annual basis summarized in
the Cost and Revenue Analysis (CRA);
(2) comparable international costing
material summarized in the
International Cost and Revenue
Analysis (ICRA); (3) worksharing-related
cost studies; and (4) billing determinant
information for both domestic and
international mail. FY 2015 ACR at 2.
Inclusion of these four data sets is
consistent with the Postal Service’s past
ACR practices. As with past ACRs, the
Postal Service has split certain materials
into public and non-public versions. Id.
at 2–3.
‘‘Roadmap’’ document. A roadmap to
the FY 2015 ACR can be found in
Library Reference USPS–FY15–9. This
document provides brief descriptions of
the materials submitted, as well as the
flow of inputs and outputs among them;
a discussion of differences in
methodology relative to Commission
methodologies in last year’s ACD; and a
list of special studies and a discussion
of obsolescence, as required by
Commission rule 3050.12. Id. at 3.
Methodology. The Postal Service
states that it has adhered to the
methodologies historically used by the
Commission subject to changes
identified and discussed in Library
Reference USPS–FY15–9 and in
prefaces accompanying the appended
folders. Id. at 4. Changes in analytical
principles proposed by the Postal
Service for use in the FY 2015 ACR are
identified and summarized in a table.
Id. at 4–6.
Market dominant product-by-product
costs, revenues, and volumes.
Comprehensive cost, revenue, and
volume data for all market dominant
products of general applicability are
shown directly in the FY 2015 CRA or
ICRA. Id. at 7.
The FY 2015 ACR includes a
discussion by class of each market
dominant product, including costs,
revenues, and volumes, workshare
discounts and passthroughs responsive
to 39 U.S.C. 3652(b), and FY 2015
incentive programs. Id. at 7–55.3
In response to the Commission’s FY
2010 ACD directives, the Postal Service
states that it is providing information
regarding: (a) All operational changes
3 The Postal Service states that it ‘‘would be
inefficient and unduly disruptive . . . to
immediately adjust prices to correct passthroughs
that exceed 100 percent.’’ Id. It further states its
intent to address such passthroughs in its next
general price adjustment. Id.
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17:32 Jan 05, 2016
Jkt 238001
designed to reduce flats costs and the
estimated financial effects of such
changes, id. at 18–28; (b) all costing
methodology improvements made in FY
2014 and the estimated financial effects
of such changes, id. at 28–31; and (c) a
statement summarizing the historical
and current year subsidy of the flats
product, id. In addition, in response to
Order No. 1427,4 the Postal Service
states that in the next general marketdominant price change, it plans to
increase the price of Standard Mail Flats
by at least CPI times 1.05. FY 2015 ACR
at 30. Also, in response to the FY 2014
ACD, the Postal Service states that it
provides an analysis of progress being
made in the improvement of Periodicals
cost coverage. Id. at 44–46.
Market dominant negotiated service
agreements. The FY 2015 ACR presents
information on market dominant
negotiated service agreements (NSAs).
Id. at 53–55.
Service performance. The Postal
Service notes that the Commission
issued rules on periodic reporting of
service performance measurement and
customer satisfaction in FY 2010.
Responsive information appears in
Library Reference USPS–FY15–29. Id. at
56–57.
Customer satisfaction. The FY 2015
ACR discusses the Postal Service’s
approach for measuring customer
experience and satisfaction; describes
the methodology; presents a table with
survey results; compares the results
from FY 2014 to FY 2015; and provides
information regarding customer access
to postal services. Id. at 56–60. The
Postal Service also states that it
responds to the Commission’s directive
in the July 7, 2015, ‘‘Analysis of the
Postal Service’s FY 2014 Program
Performance Report and FY 2015
Performance Plan’’ that the Postal
Service provide comparable results for
each performance indicator over Fiscal
Years 2012, 2013, 2014, and 2015, by
using the same measurement
methodology or by explaining how the
results under different methodologies
can be compared. Id. at 60–62.
Competitive products. The FY 2015
ACR provides costs, revenues, and
volumes for competitive products of
general applicability in the FY 2015
CRA or ICRA. For competitive products
not of general applicability, data is
provided in non-public Library
References USPS–FY15–NP2 and
USPS–FY15–NP27. Id. at 63. The FY
2015 ACR also addresses the
competitive product pricing standards
of 39 U.S.C. 3633. Id. at 63–69.
4 Docket No. ACR2010–R, Order on Remand,
August 9, 2012 (Order No. 1427).
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Fmt 4703
Sfmt 4703
Market tests; nonpostal services. The
Postal Service discusses the three
competitive market tests conducted
during FY 2015, and nonpostal services.
Id. at 70.
III. Procedural Steps
Statutory requirements. Section 3653
of title 39 requires the Commission to
provide interested persons with an
opportunity to comment on the ACR
and to appoint an officer of the
Commission (Public Representative) to
represent the interests of the general
public. The Commission hereby solicits
public comment on the Postal Service’s
FY 2015 ACR and on whether any rates
or fees in effect during FY 2015 (for
products individually or collectively)
were not in compliance with applicable
provisions of chapter 36 of title 39 (or
regulations promulgated thereunder).
Commenters addressing market
dominant products are referred in
particular to the applicable
requirements (39 U.S.C. 3622(d) and (e)
and 3626); objectives (39 U.S.C.
3622(b)); and factors (39 U.S.C. 3622(c)).
Commenters addressing competitive
products are referred to 39 U.S.C. 3633.
The Commission also invites public
comment on the cost coverage matters
the Postal Service addresses in its filing;
service performance results; levels of
customer satisfaction achieved; and
such other matters that may be relevant
to the Commission’s review.
Access to filing. The Commission has
posted the publicly available portions of
the FY 2015 ACR on its Web site at
https://www.prc.gov.
Comment deadlines. Comments by
interested persons are due on or before
February 2, 2016. Reply comments are
due on or before February 12, 2016. The
Commission, upon completion of its
review of the FY 2015 ACR, public
comments, and other data and
information submitted in this
proceeding, will issue its ACD.
Public Representative. James
Waclawski is designated to serve as the
Public Representative to represent the
interests of the general public in this
proceeding. Neither the Public
Representative nor any additional
persons assigned to assist him shall
participate in or advise as to any
Commission decision in this proceeding
other than in their designated capacity.
IV. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
No. ACR2015 to consider matters raised
by the United States Postal Service’s FY
2015 Annual Compliance Report.
2. Pursuant to 39 U.S.C. 505, the
Commission appoints James Waclawski
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06JAN1
Federal Register / Vol. 81, No. 3 / Wednesday, January 6, 2016 / Notices
as an officer of the Commission (Public
Representative) in this proceeding to
represent the interests of the general
public.
3. Comments on the United States
Postal Service’s FY 2015 Annual
Compliance Report to the Commission
are due on or before February 2, 2016.
4. Reply comments are due on or
before February 12, 2016.
5. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2015–33192 Filed 1–5–16; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–441, OMB Control No.
3235–0497]
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
mstockstill on DSK4VPTVN1PROD with NOTICES
Extension:
Rule 15c3–4.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.) (‘‘PRA’’), the
Securities and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of
extension of the previously approved
collection of information provided for in
Rule 15c3–4 (17 CFR 240.15c3–4) (the
‘‘Rule’’) under the Securities Exchange
Act of 1934 (15 U.S.C. 78a et seq.).
Rule 15c3–4 requires certain brokerdealers that are registered with the
Commission as OTC derivatives dealers,
or who compute their net capital
charges under Appendix E to Rule
15c3–1 (17 CFR 240.15c3–1) (‘‘ANC
firms’’), to establish, document, and
maintain a system of internal risk
management controls. The Rule sets
forth the basic elements for an OTC
derivatives dealer or an ANC firm to
consider and include when establishing,
documenting, and reviewing its internal
risk management control system, which
are designed to, among other things,
ensure the integrity of an OTC
derivatives dealer’s or an ANC firm’s
risk measurement, monitoring, and
management process, to clarify
accountability at the appropriate
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17:32 Jan 05, 2016
Jkt 238001
organizational level, and to define the
permitted scope of the dealer’s activities
and level of risk. The Rule also requires
that management of an OTC derivatives
dealer or an ANC firm must periodically
review, in accordance with written
procedures, the firm’s business
activities for consistency with its risk
management guidelines.
The staff estimates that the average
amount of time a new OTC derivatives
dealer will spend establishing and
documenting its risk management
control system is 2,000 hours and that,
on average, a registered OTC derivatives
dealer will spend approximately 200
hours each year to maintain (e.g.,
reviewing and updating) its risk
management control system.1 Currently,
four firms are registered with the
Commission as OTC derivatives dealers.
The staff estimates that approximately
two additional entities may become
registered as OTC derivatives dealers
within the next three years. Thus, the
estimated annualized burden would be
800 hours for the four OTC derivatives
dealers currently registered with the
Commission to maintain their risk
management control systems,2 1,334
hours for the two new OTC derivatives
dealers to establish and document their
risk management control systems,3 and
400 hours for the two new OTC
derivatives dealers to maintain their risk
management control systems.4
Accordingly, the staff estimates the total
annualized burden associated with Rule
15c3–4 for the six OTC derivatives
dealers will be approximately 2,534
hours annually.
The staff believes that the internal
cost of complying with Rule 15c3–4 will
be approximately $283 per hour.5 This
per hour cost is based upon an annual
average hourly salary for a compliance
manager who would be responsible for
ensuring compliance with the
requirements of Rule 15c3–4.
Accordingly, the total annualized
internal cost of compliance for all
1 This notice does not cover the hour burden
associated with ANC firms, because the hour
burden for ANC firms is included in the Paperwork
Reduction Act collection for Rule 15c3–1, which
requires ANC firms to comply with specific
provisions of Rule 15c3–4 in Appendix E to Rule
15c3–1. See 17 CFR 240.15c3–1(a)(7)(iii), 17 CFR
240.15c3–1e(a)(1)(ii), and 17 CFR 240.15c3–
1e(a)(1)(viii)(C).
2 (200 hours × 4 firms) = 800.
3 ((2,000 hours/3 years) × 2 firms) = 1,334.
4 (200 hours × 2 firms) = 400.
5 The $283 per hour salary figure for a compliance
manager is from SIFMA’s Management &
Professional Earnings in the Securities Industry
2013, modified by Commission staff to account for
an 1800-hour work-year and multiplied by 5.35 to
account for bonuses, firm size, employee benefits
and overhead.
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525
affected OTC derivatives dealers is
estimated to be $717,122.6
The records required to be made by
OTC derivatives dealers pursuant to the
Rule and the results of the periodic
reviews conducted under paragraph (d)
of Rule 15c3–4 must be preserved under
Rule 17a–4 of the Exchange Act (17 CFR
240.17a–4) for a period of not less than
three years, the first two years in an
easily accessible place. The Commission
will not generally publish or make
available to any person notice or reports
received pursuant to the Rule. The
statutory basis for the Commission’s
refusal to disclose such information to
the public is the exemption contained in
section (b)(4) of the Freedom of
Information Act (5 U.S.C. 552), which
essentially provides that the
requirement of public dissemination
does not apply to commercial or
financial information which is
privileged or confidential.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
The public may view background
documentation for this information
collection at the following Web site:
www.reginfo.gov. 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 email to: (i)
Shagufta_Ahmed@omb.eop.gov; and (ii)
Pamela Dyson, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
DC 20549, or by sending an email to:
PRA_Mailbox@SEC.gov. Comments
must be submitted to OMB within 30
days of this notice.
Dated: December 30, 2015.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015–33214 Filed 1–5–16; 8:45 am]
BILLING CODE 8011–01–P
6 2,534
E:\FR\FM\06JAN1.SGM
hours × $283 per hour = $717,122.
06JAN1
Agencies
[Federal Register Volume 81, Number 3 (Wednesday, January 6, 2016)]
[Notices]
[Pages 523-525]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-33192]
=======================================================================
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket Nos. ACR2015; Order No. 2968]
FY 2015 Annual Compliance Report
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Postal Service has filed an Annual Compliance Report on
the costs, revenues, rates, and quality of service associated with its
products in fiscal year 2015. Within 90 days, the Commission must
evaluate that information and issue its determination as to whether
rates were in compliance with title 39, chapter 36, and whether service
standards in effect were met. To assist in this, the Commission seeks
public comments on the Postal Service's Annual Compliance Report.
DATES: Comments are due: February 2, 2016. Reply Comments are due:
February 12, 2016.
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: David A. Trissell, General Counsel, at
202-789-6820.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction
II. Overview of the Postal Service's FY 2015 ACR
III. Procedural Steps
IV. Ordering Paragraphs
I. Introduction
On December 29, 2015, the United States Postal Service (Postal
Service) filed with the Commission, pursuant to 39 U.S.C. 3652, its
Annual Compliance Report (ACR) for fiscal year (FY) 2015.\1\ Section
3652 requires submission of data and information on the costs,
revenues, rates, and quality of service associated with postal products
within 90 days of the closing of each fiscal year. In conformance with
other statutory provisions and Commission rules, the ACR includes the
Postal Service's FY 2015 Comprehensive Statement, its FY 2015 annual
report to the Secretary of the Treasury on the Competitive Products
Fund, and certain related Competitive Products Fund material. See
respectively, 39 U.S.C. 3652(g), 39 U.S.C. 2011(i), and 39 CFR 3060.20-
23. In line with past practice, some of the material in the FY 2015 ACR
appears in non-public annexes.
---------------------------------------------------------------------------
\1\ United States Postal Service FY 2015 Annual Compliance
Report, December 29, 2015 (FY 2015 ACR). Public portions of the
Postal Service's filing are available on the Commission's Web site
at https://www.prc.gov.
---------------------------------------------------------------------------
The filing begins a review process that results in an Annual
Compliance Determination (ACD) issued by the Commission to determine
whether Postal Service products offered during FY 2015 were in
compliance with applicable title 39 requirements.
II. Overview of the Postal Service's FY 2015 ACR
Contents of the filing. The Postal Service's FY 2015 ACR consists
of a 73-page narrative; extensive additional material appended as
separate folders and identified in Attachment One; and an application
for non-public treatment of certain materials, along with supporting
rationale, filed as Attachment Two. The filing also includes the
Comprehensive Statement,\2\ Report to the Secretary of the Treasury,
and information on the Competitive Products Fund filed in response to
Commission rules. This
[[Page 524]]
material has been filed electronically with the Commission, and some
also has been filed in hard-copy form.
---------------------------------------------------------------------------
\2\ In years prior to 2013, the Commission reviewed the Postal
Service's reports prepared pursuant to 39 U.S.C. 2803 and 39 U.S.C.
2804 (filed as the Comprehensive Statement by the Postal Service) in
its Annual Compliance Determination. However, as it did last year,
the Commission intends to issue a separate notice soliciting
comments on the comprehensive statement and provide its related
analysis in a separate report from the ACD.
---------------------------------------------------------------------------
Scope of filing. The material appended to the narrative consists
of: (1) Domestic product costing material filed on an annual basis
summarized in the Cost and Revenue Analysis (CRA); (2) comparable
international costing material summarized in the International Cost and
Revenue Analysis (ICRA); (3) worksharing-related cost studies; and (4)
billing determinant information for both domestic and international
mail. FY 2015 ACR at 2. Inclusion of these four data sets is consistent
with the Postal Service's past ACR practices. As with past ACRs, the
Postal Service has split certain materials into public and non-public
versions. Id. at 2-3.
``Roadmap'' document. A roadmap to the FY 2015 ACR can be found in
Library Reference USPS-FY15-9. This document provides brief
descriptions of the materials submitted, as well as the flow of inputs
and outputs among them; a discussion of differences in methodology
relative to Commission methodologies in last year's ACD; and a list of
special studies and a discussion of obsolescence, as required by
Commission rule 3050.12. Id. at 3.
Methodology. The Postal Service states that it has adhered to the
methodologies historically used by the Commission subject to changes
identified and discussed in Library Reference USPS-FY15-9 and in
prefaces accompanying the appended folders. Id. at 4. Changes in
analytical principles proposed by the Postal Service for use in the FY
2015 ACR are identified and summarized in a table. Id. at 4-6.
Market dominant product-by-product costs, revenues, and volumes.
Comprehensive cost, revenue, and volume data for all market dominant
products of general applicability are shown directly in the FY 2015 CRA
or ICRA. Id. at 7.
The FY 2015 ACR includes a discussion by class of each market
dominant product, including costs, revenues, and volumes, workshare
discounts and passthroughs responsive to 39 U.S.C. 3652(b), and FY 2015
incentive programs. Id. at 7-55.\3\
---------------------------------------------------------------------------
\3\ The Postal Service states that it ``would be inefficient and
unduly disruptive . . . to immediately adjust prices to correct
passthroughs that exceed 100 percent.'' Id. It further states its
intent to address such passthroughs in its next general price
adjustment. Id.
---------------------------------------------------------------------------
In response to the Commission's FY 2010 ACD directives, the Postal
Service states that it is providing information regarding: (a) All
operational changes designed to reduce flats costs and the estimated
financial effects of such changes, id. at 18-28; (b) all costing
methodology improvements made in FY 2014 and the estimated financial
effects of such changes, id. at 28-31; and (c) a statement summarizing
the historical and current year subsidy of the flats product, id. In
addition, in response to Order No. 1427,\4\ the Postal Service states
that in the next general market-dominant price change, it plans to
increase the price of Standard Mail Flats by at least CPI times 1.05.
FY 2015 ACR at 30. Also, in response to the FY 2014 ACD, the Postal
Service states that it provides an analysis of progress being made in
the improvement of Periodicals cost coverage. Id. at 44-46.
---------------------------------------------------------------------------
\4\ Docket No. ACR2010-R, Order on Remand, August 9, 2012 (Order
No. 1427).
---------------------------------------------------------------------------
Market dominant negotiated service agreements. The FY 2015 ACR
presents information on market dominant negotiated service agreements
(NSAs). Id. at 53-55.
Service performance. The Postal Service notes that the Commission
issued rules on periodic reporting of service performance measurement
and customer satisfaction in FY 2010. Responsive information appears in
Library Reference USPS-FY15-29. Id. at 56-57.
Customer satisfaction. The FY 2015 ACR discusses the Postal
Service's approach for measuring customer experience and satisfaction;
describes the methodology; presents a table with survey results;
compares the results from FY 2014 to FY 2015; and provides information
regarding customer access to postal services. Id. at 56-60. The Postal
Service also states that it responds to the Commission's directive in
the July 7, 2015, ``Analysis of the Postal Service's FY 2014 Program
Performance Report and FY 2015 Performance Plan'' that the Postal
Service provide comparable results for each performance indicator over
Fiscal Years 2012, 2013, 2014, and 2015, by using the same measurement
methodology or by explaining how the results under different
methodologies can be compared. Id. at 60-62.
Competitive products. The FY 2015 ACR provides costs, revenues, and
volumes for competitive products of general applicability in the FY
2015 CRA or ICRA. For competitive products not of general
applicability, data is provided in non-public Library References USPS-
FY15-NP2 and USPS-FY15-NP27. Id. at 63. The FY 2015 ACR also addresses
the competitive product pricing standards of 39 U.S.C. 3633. Id. at 63-
69.
Market tests; nonpostal services. The Postal Service discusses the
three competitive market tests conducted during FY 2015, and nonpostal
services. Id. at 70.
III. Procedural Steps
Statutory requirements. Section 3653 of title 39 requires the
Commission to provide interested persons with an opportunity to comment
on the ACR and to appoint an officer of the Commission (Public
Representative) to represent the interests of the general public. The
Commission hereby solicits public comment on the Postal Service's FY
2015 ACR and on whether any rates or fees in effect during FY 2015 (for
products individually or collectively) were not in compliance with
applicable provisions of chapter 36 of title 39 (or regulations
promulgated thereunder). Commenters addressing market dominant products
are referred in particular to the applicable requirements (39 U.S.C.
3622(d) and (e) and 3626); objectives (39 U.S.C. 3622(b)); and factors
(39 U.S.C. 3622(c)). Commenters addressing competitive products are
referred to 39 U.S.C. 3633.
The Commission also invites public comment on the cost coverage
matters the Postal Service addresses in its filing; service performance
results; levels of customer satisfaction achieved; and such other
matters that may be relevant to the Commission's review.
Access to filing. The Commission has posted the publicly available
portions of the FY 2015 ACR on its Web site at https://www.prc.gov.
Comment deadlines. Comments by interested persons are due on or
before February 2, 2016. Reply comments are due on or before February
12, 2016. The Commission, upon completion of its review of the FY 2015
ACR, public comments, and other data and information submitted in this
proceeding, will issue its ACD.
Public Representative. James Waclawski is designated to serve as
the Public Representative to represent the interests of the general
public in this proceeding. Neither the Public Representative nor any
additional persons assigned to assist him shall participate in or
advise as to any Commission decision in this proceeding other than in
their designated capacity.
IV. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket No. ACR2015 to consider
matters raised by the United States Postal Service's FY 2015 Annual
Compliance Report.
2. Pursuant to 39 U.S.C. 505, the Commission appoints James
Waclawski
[[Page 525]]
as an officer of the Commission (Public Representative) in this
proceeding to represent the interests of the general public.
3. Comments on the United States Postal Service's FY 2015 Annual
Compliance Report to the Commission are due on or before February 2,
2016.
4. Reply comments are due on or before February 12, 2016.
5. The Secretary shall arrange for publication of this order in the
Federal Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2015-33192 Filed 1-5-16; 8:45 am]
BILLING CODE 7710-FW-P