FY 2016 Annual Compliance Report, 1764-1766 [2016-32053]
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1764
Federal Register / Vol. 82, No. 4 / Friday, January 6, 2017 / Notices
Commission provided more in-depth
analysis of the Postal Service’s progress
toward meetings its performance goals
and plans to improve performance in
future years.
As it did in recent years, the
Commission will evaluate whether the
Postal Service met its FY 2016
performance goals in a report separate
from the FY 2016 ACD. To facilitate this
review, the Commission invites public
comment on the following issues:
• Did the Postal Service meet its
performance goals in FY 2016?
• Do the FY 2016 Annual
Performance Report and the FY 2017
Annual Performance Plan meet
applicable statutory requirements,
including 39 U.S.C. 2803 and 2804?
• What recommendations should the
Commission provide to the Postal
Service that relate to protecting or
promoting public policy objectives in
title 39?
• What recommendations or
observations should the Commission
make concerning the Postal Service’s
strategic initiatives? 3
• What other matters are relevant to
the Commission’s analysis of the FY
2016 Annual Performance Report and
the FY 2017 Annual Performance Plan
under 39 U.S.C. 3653(d)?
III. Request for Comments
Comments by interested persons are
due no later than February 8, 2017.
Reply comments are due no later than
February 22, 2017. Pursuant to 39 U.S.C.
505, Katalin K. Clendenin is appointed
to serve as Public Representative to
represent the interests of the general
public in this docket with respect to
issues related to the Commission’s
analysis of the FY 2016 Annual
Performance Report and the FY 2017
Annual Performance Plan.
IV. Ordering Paragraphs
sradovich on DSK3GMQ082PROD with NOTICES
It is ordered:
1. The Commission invites public
comment on the Postal Service’s FY
2016 Annual Performance Report and
FY 2017 Annual Performance Plan.
2. Pursuant to 39 U.S.C. 505, the
Commission appoints Katalin K.
Clendenin to serve as Public
Representative to represent the interests
of the general public in this proceeding
with respect to issues related to the
Performance Report and FY 2014 Performance Plan,
July 7, 2014; Docket No. ACR2014, Postal
Regulatory Commission, Analysis of the Postal
Service’s FY 2014 Program Performance Report and
FY 2015 Performance Plan, July 7, 2015; Docket No.
ACR2015, Postal Regulatory Commission, Analysis
of the Postal Service’s FY 2015 Annual Performance
Report and FY 2016 Performance Plan, May 4, 2016.
3 See FY 2016 Annual Report at 69–71.
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Commission’s analysis of the FY 2016
Annual Performance Report and the FY
2017 Annual Performance Plan.
3. Comments are due no later than
February 8, 2017.
4. Reply comments are due no later
than February 22, 2017.
5. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2017–00024 Filed 1–5–17; 8:45 am]
BILLING CODE 7710–FW–P
POSTAL REGULATORY COMMISSION
[Docket No. ACR2016; Order No. 3717]
FY 2016 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 2016. 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,
2017.
Reply Comments are due: February
13, 2017.
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.
SUMMARY:
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 2016
ACR
III. Procedural Steps
IV. Ordering Paragraphs
I. Introduction
On December 29, 2016, the United
States Postal Service (Postal Service)
filed with the Commission, pursuant to
39 U.S.C. 3652, its Annual Compliance
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Report (ACR) for fiscal year (FY) 2016.1
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 2016 Comprehensive
Statement, its FY 2016 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 2016
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 2016 were in compliance with
applicable title 39 requirements.
II. Overview of the Postal Service’s FY
2016 ACR
Contents of the filing. The Postal
Service’s FY 2016 ACR consists of a 94page 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
material has been filed electronically
with the Commission, and some also
has been filed in hard copy form.
Scope of the 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
1 United States Postal Service FY 2016 Annual
Compliance Report, December 29, 2016 (FY 2016
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 ACD. 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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sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 82, No. 4 / Friday, January 6, 2017 / Notices
information for both domestic and
international mail. FY 2016 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 2016 ACR can be found in
Library Reference USPS–FY16–9. 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–FY16–9 and in
prefaces accompanying the appended
folders. Id. at 4. The Postal Service notes
that one noteworthy methodological
change regarding product costs was
discussed by the Commission in Order
No. 3506.3 Going forward, the Postal
Service’s calculation of attributable
costs will be changing to include a
product’s inframarginal costs developed
as part of the estimation of a product’s
incremental costs. FY 2016 ACR at 4.
However, the Postal Service states that
several complications associated with
the change have precluded it from
including the new inframarginal cost
component into the CRA this year. Id.
at 5–7. However, it has included
additional information, including
estimates on product specific
incremental costs, to Library Reference
USPS–FY16–NP10. It has also created a
new library reference, USPS–FY16–43,
to present the incremental costs for
market dominant products. Id. at 7–8.
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 2016 CRA or
ICRA. Id. at 11.
The FY 2016 ACR includes a
discussion by class of each market
dominant product, including costs,
revenues, and volumes, workshare
discounts, and passthroughs responsive
3 Id.; see Docket No. RM2016–2, Order
Concerning United Parcel Service, Inc.’s Proposed
Changes to Postal Service Costing Methodologies
(UPS Proposals One, Two, and Three), September
9, 2016 (Order No. 3506).
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to 39 U.S.C. 3652(b), and FY 2016
incentive programs. Id. at 12–66.4
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 27–34); (b) all costing
methodology improvements made in FY
2016 5 and the estimated financial
effects of such changes (id. at 27–31);
and (c) a statement summarizing the
historical and current year subsidy of
the flats product (id. at 36–38). In
addition, 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. Id. at 37. In the FY 2015
ACD, the Commission directed the
Postal Service to submit a report
addressing several topics related to
Periodicals pricing.6 The Postal Service
states that it provided a response to that
directive on July 26, 2016. FY 2016 ACR
at 53. Additionally, the Postal Service
provides an updated version of the
Periodicals pricing report in Library
Reference USPS–FY16–44. Id.
Flats directive. The Postal Service
notes that the Commission directed the
Postal Service to submit a detailed
report addressing the measurement of
cost and service performance issues for
flat-shaped products in the FY 2015
ACD.7 The Postal Service states that its
initial report addressing flats issues was
filed on July 26, 2016, and additional
responses were provided by the Postal
Service in response to a Commission
Information Request. FY 2016 ACR at
54.
Market dominant negotiated service
agreements. The FY 2016 ACR presents
information on the PHI Acquisitions,
Inc. negotiated service agreement, the
only market dominant negotiated
service agreement in effect in FY 2016.
Id. at 64–66.
Service performance. The Postal
Service notes that the Commission
4 The Postal Service states that it ‘‘would be
inefficient and unduly disruptive . . . to
immediately adjust prices to correct passthroughs
that exceed 100 percent.’’ Id. at 11. It further states
its intent to address such passthroughs in its next
general price adjustment. Id.
5 The Postal Service notes that, in FY 2016, no
rulemaking dockets resulted in costing
methodology changes affecting Standard Mail Flats
costs. Id. at 34. However, the Postal Service
discusses several related developments required to
foster a better understanding of the observed trend
in reported costs for Standard Mail Flats. Id. at 34–
36.
6 See Docket No. ACR2015, Annual Compliance
Determination, March 28, 2016, at 23–24 (FY 2015
ACD).
7 Id.; see Docket No. ACR2015, FY 2015 ACD at
180–181.
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1765
issued rules on periodic reporting of
service performance measurement and
customer satisfaction in FY 2010.
Responsive information appears in
Library Reference USPS–FY16–29. Id. at
67.
Customer satisfaction. The FY 2016
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 2015 to FY 2016; and provides
information regarding customer access
to postal services. Id. at 70–81.
Competitive products. The FY 2016
ACR provides costs, revenues, and
volumes for competitive products of
general applicability in the FY 2016
CRA or ICRA. For competitive products
not of general applicability, data are
provided in non-public Library
References USPS–FY16–NP2 and
USPS–FY16–NP27. Id. at 82. The FY
2016 ACR also addresses the
competitive product pricing standards
of 39 U.S.C. 3633. Id. at 82–90.
Market tests; nonpostal services. The
Postal Service discusses the four
competitive market tests conducted
during FY 2016, and nonpostal services.
Id. at 91–92.
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 2016 ACR and on whether any rates
or fees in effect during FY 2016 (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 39 U.S.C. 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 2016 ACR on its Web site at
https://www.prc.gov.
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Federal Register / Vol. 82, No. 4 / Friday, January 6, 2017 / Notices
Comment deadlines. Comments by
interested persons are due on or before
February 2, 2017. Reply comments are
due on or before February 13, 2017. The
Commission, upon completion of its
review of the FY 2016 ACR, 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. ACR2016 to consider matters raised
by the United States Postal Service’s FY
2016 Annual Compliance Report.
2. Pursuant to 39 U.S.C. 505, the
Commission appoints James Waclawski
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 2016 Annual
Compliance Report to the Commission
are due on or before February 2, 2017.
4. Reply comments are due on or
before February 13, 2017.
5. The Secretary shall arrange for
publication of this order in the Federal
Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2016–32053 Filed 1–5–17; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
sradovich on DSK3GMQ082PROD with NOTICES
[Release No. 34–79714; File No. SR–
NYSEArca–2016–136]
Self-Regulatory Organizations; NYSE
Arca, Inc.; Order Approving a
Proposed Rule Change, as Modified by
Amendment No. 1, Amending NYSE
Arca Equities Rule 7.35 To Provide for
Widened Auction Collars for the Core
Open Auction on Volatile Trading Days
December 30, 2016.
I. Introduction
On September 28, 2016, NYSE Arca,
Inc. (‘‘Exchange’’ or ‘‘NYSE Arca’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’), pursuant
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to Section 19(b)(1) of the Securities
Exchange Act of 1934 (‘‘Act’’) 1 and Rule
19b–4 thereunder,2 a proposed rule
change to widen Auction Collars for the
Core Open Auction on volatile trading
days. The proposed rule change was
published for comment in the Federal
Register on October 14, 2016.3 On
November 23, 2016, the Commission
designated a longer period within which
to approve the proposed rule change,
disapprove the proposed rule change, or
institute proceedings to determine
whether to disapprove the proposed
rule change.4 On December 12, 2016,
the Exchange filed Amendment No. 1 to
its proposed rule change.5 The
Commission received no comment
letters on the proposed rule change.
This order approves the proposed rule
change, as modified by Amendment No.
1.
II. Description of the Proposed Rule
Change
The Exchange proposes to amend
NYSE Arca Equities Rule 7.35 to widen
Auction Collars 6 for the Core Open
Auction on volatile trading days.
Currently, Rule 7.35(a)(10)(A) provides
that the price collar threshold for the
Core Open Auction is 10% for securities
with an Auction Reference Price 7 of
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Securities Exchange Act Release No. 79068
(October 7, 2016), 81 FR 71127 (‘‘Notice’’).
4 See Securities Exchange Act Release No. 79388,
81 FR 86368 (November 30, 2016). The Commission
designated January 12, 2017, as the date by which
it shall approve, disapprove, or institute
proceedings to determine whether to disapprove the
proposed rule change.
5 In Amendment No. 1, the Exchange replaced all
references in the filing to Rule 7.35P with Rule 7.35,
as the Exchange recently amended its rules to
eliminate the ‘‘P’’ modifier. See Securities Exchange
Act Release No. 79078 (October 11, 2016), 81 FR
71559 (October 17, 2016) (SR–NYSEArca–2016–
135). The Exchange also corrected a typographical
error in the proposed text in Rule 7.35(a)(10)(A).
Finally, the Exchange provided additional details
regarding its authority under the proposal to widen
Auction Collars when it determines that it is
necessary or appropriate for the maintenance of a
fair and orderly market, and represented that if it
were to widen Auction Collars under this authority,
it would announce by Trader Update such widened
collars before the Core Open Auction. Because
Amendment No. 1 does not materially alter the
substance of the proposed rule change or raise
unique or novel regulatory issues, Amendment No.
1 is not subject to notice and comment
(Amendment No. 1 is available at: https://
www.sec.gov/comments/sr-nysearca-2016-136/
nysearca2016136-1.pdf).
6 See NYSE Arca Equities Rule 7.35(a)(10)
(defining ‘‘Auction Collar’’ to mean the price collar
thresholds for the Indicative Match Price for the
Core Open Auction, Trading Halt Auction, or
Closing Auction).
7 See NYSE Arca Equities Rule 7.35(a)(8)(A)
(defining ‘‘Auction Reference Price’’ for the Core
Open Auction to mean the midpoint of the Auction
NBBO or, if the Auction NBBO is locked, the locked
2 17
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$25.00 or less, 5% for securities with an
Auction Reference Price greater than
$25.00 but less than or equal to $50.00,
and 3% for securities with an Auction
Reference Price greater than $50.00.
Under the proposal, if as of 9:00 a.m.
Eastern Time, the E-mini S&P 500
Futures are +/¥ 2% from the prior day’s
closing price of the E-mini S&P 500
Futures, or if the Exchange determines
that it is necessary or appropriate for the
maintenance of a fair and orderly
market, the Auction Collar for the Core
Open Auction would be 10%, regardless
of the Auction Reference Price. If the
Exchange determines to widen Auction
Collars under the ‘‘fair and orderly’’
provision, the Exchange would
announce by Trader Update the
widened collars before the Core Open
Auction.8
III. Discussion and Commission
Findings
The Commission finds that the
proposed rule change, as modified by
Amendment No. 1, is consistent with
the requirements of the Act and the
rules and regulations thereunder
applicable to a national securities
exchange.9 In particular, the
Commission finds that the proposed
rule change, as modified by Amendment
No. 1, is consistent with Section 6(b)(5)
of the Act,10 which requires, among
other things, that the rules of a national
securities exchange be designed to
prevent fraudulent and manipulative
acts and practices, to promote just and
equitable principles of trade, to foster
cooperation and coordination with
persons engaged in facilitating
transactions in securities, to remove
impediments to and perfect the
mechanism of a free and open market
and a national market system, and, in
general, to protect investors and the
public interest.
The Commission notes that, according
to the Exchange, the proposed Auction
Collars would allow for additional price
movement during periods of marketwide volatility, and at the same time
continue to prevent auctions from
occurring at prices significantly away
from the Auction Reference Price.11 The
Exchange also states its belief that
widening the Auction Collars could
reduce the possibility of securities
triggering multiple trading pauses under
price, and if there is no Auction NBBO, the prior
trading day’s Official Closing Price).
8 See Amendment No. 1, supra note 5.
9 In approving this proposed rule change, the
Commission has considered the proposed rule’s
impact on efficiency, competition, and capital
formation. See 15 U.S.C. 78c(f).
10 15 U.S.C. 78f(b)(5).
11 See Notice, supra note 3, at 71127.
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Agencies
[Federal Register Volume 82, Number 4 (Friday, January 6, 2017)]
[Notices]
[Pages 1764-1766]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-32053]
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket No. ACR2016; Order No. 3717]
FY 2016 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 2016. 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, 2017.
Reply Comments are due: February 13, 2017.
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 2016 ACR
III. Procedural Steps
IV. Ordering Paragraphs
I. Introduction
On December 29, 2016, 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) 2016.\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 2016 Comprehensive Statement, its FY 2016 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 2016 ACR
appears in non-public annexes.
---------------------------------------------------------------------------
\1\ United States Postal Service FY 2016 Annual Compliance
Report, December 29, 2016 (FY 2016 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 2016 were in
compliance with applicable title 39 requirements.
II. Overview of the Postal Service's FY 2016 ACR
Contents of the filing. The Postal Service's FY 2016 ACR consists
of a 94-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 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 ACD. 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 the 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
[[Page 1765]]
information for both domestic and international mail. FY 2016 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 2016 ACR can be found in
Library Reference USPS-FY16-9. 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-FY16-9 and in
prefaces accompanying the appended folders. Id. at 4. The Postal
Service notes that one noteworthy methodological change regarding
product costs was discussed by the Commission in Order No. 3506.\3\
Going forward, the Postal Service's calculation of attributable costs
will be changing to include a product's inframarginal costs developed
as part of the estimation of a product's incremental costs. FY 2016 ACR
at 4. However, the Postal Service states that several complications
associated with the change have precluded it from including the new
inframarginal cost component into the CRA this year. Id. at 5-7.
However, it has included additional information, including estimates on
product specific incremental costs, to Library Reference USPS-FY16-
NP10. It has also created a new library reference, USPS-FY16-43, to
present the incremental costs for market dominant products. Id. at 7-8.
---------------------------------------------------------------------------
\3\ Id.; see Docket No. RM2016-2, Order Concerning United Parcel
Service, Inc.'s Proposed Changes to Postal Service Costing
Methodologies (UPS Proposals One, Two, and Three), September 9, 2016
(Order No. 3506).
---------------------------------------------------------------------------
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 2016 CRA
or ICRA. Id. at 11.
The FY 2016 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
2016 incentive programs. Id. at 12-66.\4\
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\4\ The Postal Service states that it ``would be inefficient and
unduly disruptive . . . to immediately adjust prices to correct
passthroughs that exceed 100 percent.'' Id. at 11. It further states
its intent to address such passthroughs in its next general price
adjustment. Id.
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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 27-34); (b) all costing
methodology improvements made in FY 2016 \5\ and the estimated
financial effects of such changes (id. at 27-31); and (c) a statement
summarizing the historical and current year subsidy of the flats
product (id. at 36-38). In addition, 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. Id. at 37. In
the FY 2015 ACD, the Commission directed the Postal Service to submit a
report addressing several topics related to Periodicals pricing.\6\ The
Postal Service states that it provided a response to that directive on
July 26, 2016. FY 2016 ACR at 53. Additionally, the Postal Service
provides an updated version of the Periodicals pricing report in
Library Reference USPS-FY16-44. Id.
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\5\ The Postal Service notes that, in FY 2016, no rulemaking
dockets resulted in costing methodology changes affecting Standard
Mail Flats costs. Id. at 34. However, the Postal Service discusses
several related developments required to foster a better
understanding of the observed trend in reported costs for Standard
Mail Flats. Id. at 34-36.
\6\ See Docket No. ACR2015, Annual Compliance Determination,
March 28, 2016, at 23-24 (FY 2015 ACD).
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Flats directive. The Postal Service notes that the Commission
directed the Postal Service to submit a detailed report addressing the
measurement of cost and service performance issues for flat-shaped
products in the FY 2015 ACD.\7\ The Postal Service states that its
initial report addressing flats issues was filed on July 26, 2016, and
additional responses were provided by the Postal Service in response to
a Commission Information Request. FY 2016 ACR at 54.
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\7\ Id.; see Docket No. ACR2015, FY 2015 ACD at 180-181.
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Market dominant negotiated service agreements. The FY 2016 ACR
presents information on the PHI Acquisitions, Inc. negotiated service
agreement, the only market dominant negotiated service agreement in
effect in FY 2016. Id. at 64-66.
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-FY16-29. Id. at 67.
Customer satisfaction. The FY 2016 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 2015 to FY 2016; and provides information
regarding customer access to postal services. Id. at 70-81.
Competitive products. The FY 2016 ACR provides costs, revenues, and
volumes for competitive products of general applicability in the FY
2016 CRA or ICRA. For competitive products not of general
applicability, data are provided in non-public Library References USPS-
FY16-NP2 and USPS-FY16-NP27. Id. at 82. The FY 2016 ACR also addresses
the competitive product pricing standards of 39 U.S.C. 3633. Id. at 82-
90.
Market tests; nonpostal services. The Postal Service discusses the
four competitive market tests conducted during FY 2016, and nonpostal
services. Id. at 91-92.
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
2016 ACR and on whether any rates or fees in effect during FY 2016 (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 39 U.S.C. 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 2016 ACR on its Web site at https://www.prc.gov.
[[Page 1766]]
Comment deadlines. Comments by interested persons are due on or
before February 2, 2017. Reply comments are due on or before February
13, 2017. The Commission, upon completion of its review of the FY 2016
ACR, 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. ACR2016 to consider
matters raised by the United States Postal Service's FY 2016 Annual
Compliance Report.
2. Pursuant to 39 U.S.C. 505, the Commission appoints James
Waclawski 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 2016 Annual
Compliance Report to the Commission are due on or before February 2,
2017.
4. Reply comments are due on or before February 13, 2017.
5. The Secretary shall arrange for publication of this order in the
Federal Register.
By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2016-32053 Filed 1-5-17; 8:45 am]
BILLING CODE 7710-FW-P