Market Test of Experimental Product, 8809-8810 [2021-02568]

Download as PDF Federal Register / Vol. 86, No. 25 / Tuesday, February 9, 2021 / Notices Applicants for Project Grants can apply for either an 18- or a 24-month grant. Applicants for Transformation Grants can apply for either a 24- or a 36month grant. Applicants for Sustainability Grants can apply for a 24month grant only. Applications must cover the full proposed grant term. The grant term is expected to commence on October 1, 2021. III. Grant Application Process A. Pro Bono Innovation Fund Grant Application Process This year, the Pro Bono Innovation Fund application process will be administered in LSC’s unified grants management system, GrantEase. Applicants must first submit a PreApplication (formerly Letter of Intent to Apply for Funding or ‘‘LOI’’) to LSC in GrantEase by March 15, 2021 to be considered for a grant. After review by LSC Staff, LSC’s President decides which applicants will be asked to submit a full application. Applicants will be notified of approval to submit a full application by mid-May 2021. Full applications are due to LSC in the GrantEase system on July 1, 2021. Once received, full applications will undergo a rigorous review by LSC staff and other subject matter experts. LSC’s President makes the final decision on funding for the Pro Bono Innovation Fund. khammond on DSKJM1Z7X2PROD with NOTICES B. Late or Incomplete Applications LSC may consider a request to submit a Pre-Application after the deadline, but only if the Applicant has submitted an email to probonoinnovation@lsc.gov explaining the circumstances that caused the delay prior to the PreApplication deadline. Communication with LSC staff, including assigned Program Liaisons, is not a substitute for sending a formal request and explanation to probonoinnovation@ lsc.gov. At its discretion, LSC may consider incomplete applications. LSC will determine the admissibility of late or incomplete applications on a case-bycase basis. C. Multiple Pre-Applications Applicants may submit multiple Preapplications under the same or different funding category. If applying for multiple grants, applicants should submit separate Pre-applications for each funding request. D. Additional Information and Guidelines Additional guidance and instructions on the Pro Bono Innovation Fund PreApplication and Application processes, will be available and regularly updated at https://www.lsc.gov/grants-grantee- VerDate Sep<11>2014 17:07 Feb 08, 2021 Jkt 253001 resources/our-grant-programs/pro-bonoinnovation-fund. Dated: February 4, 2021. Stefanie Davis, Senior Assistant General Counsel. [FR Doc. 2021–02645 Filed 2–8–21; 8:45 am] BILLING CODE 7050–01–P NATIONAL SCIENCE FOUNDATION Sunshine Act Meeting The National Science Board’s Committee on Science and Engineering Policy hereby gives notice of the scheduling of a teleconference for the transaction of National Science Board business as follows: Friday, February 12, 2021, from 3:00–3:30 p.m. EST. PLACE: This meeting will be held by teleconference through the National Science Foundation. STATUS: Open. MATTERS TO BE CONSIDERED: The agenda of the teleconference is: Chair’s opening remarks; discussion of the narrative outline for the Science and Engineering Indicators 2022 thematic report on Science and Technology: Public Perceptions, Awareness, and Information Sources. CONTACT PERSON FOR MORE INFORMATION: Point of contact for this meeting is: Reba Bandyopadhyay, rbandyop@nsf.gov, 703/292–7000. To listen to this teleconference, members of the public must send an email to nationalsciencebrd@nsf.gov at least 24 hours prior to the teleconference. The National Science Board Office will send requesters a toll-free dial-in number. Meeting information and updates may be found at https://www.nsf.gov/nsb/ meetings/index.jsp. Please refer to the National Science Board website at www.nsf.gov/nsb for general information. TIME AND DATE: Chris Blair, Executive Assistant to the National Science Board Office. [FR Doc. 2021–02700 Filed 2–5–21; 11:15 am] BILLING CODE 7555–01–P PENSION BENEFIT GUARANTY CORPORATION Performance Review Board Members Pension Benefit Guaranty Corporation. ACTION: Notice. AGENCY: The Pension Benefit Guaranty Corporation (PBGC) announces the appointment of members of the PBGC Performance Review Board. SUMMARY: PO 00000 Frm 00058 Fmt 4703 Sfmt 4703 8809 In accordance with 5 U.S.C. 4314(c)(4), made applicable by PBGC’s Senior Level Performance Management System, PBGC announces the appointment of those individuals who have been selected to serve as members of PBGC’s Performance Review Board. The Performance Review Board is responsible for making recommendations on each senior level (SL) professional’s annual summary rating, performance-based adjustment, and performance award to the appointing authority. The following individuals have been designated as members of PBGC’s 2020 Performance Review Board: 1. Gordon Hartogensis, Director 2. Kristin Chapman, Chief of Staff 3. David Foley, Chief of Benefits Administration 4. Patricia Kelly, Chief Financial Officer 5. Alice Maroni, Chief Management Officer SUPPLEMENTARY INFORMATION: Issued in Washington, DC. Gordon Hartogensis, Director, Pension Benefit Guaranty Corporation. [FR Doc. 2021–02656 Filed 2–8–21; 8:45 am] BILLING CODE 7709–02–P POSTAL REGULATORY COMMISSION [Docket No. MT2020–2; Order No. 5830] Market Test of Experimental Product Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recently filed Postal Service request for exemption from annual revenue limitation for Market Test of Experimental Product-Extended Mail Forwarding. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: February 10, 2021. ADDRESSES: Submit comments electronically via the Commission’s Filing Online system at http:// 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: SUMMARY: Table of Contents I. Introduction E:\FR\FM\09FEN1.SGM 09FEN1 8810 Federal Register / Vol. 86, No. 25 / Tuesday, February 9, 2021 / Notices II. Background III. Commission Action IV. Ordering Paragraphs I. Introduction On January 29, 2021, the Postal Service filed a request, pursuant to 39 U.S.C. 3641(e)(2), for an exemption from the $10 million annual revenue limitation for the Extended Mail Forwarding market test.1 The Commission authorized the market test to begin on August 1, 2020, and to proceed until expiration on August 1, 2022.2 khammond on DSKJM1Z7X2PROD with NOTICES II. Background The Postal Service states that ‘‘Extended Mail Forwarding is a customer-focused service that ensures customers receive mailpieces for which they are the intended recipient after they change addresses.’’ Request at 2. The purpose of the service is to allow ‘‘[i]Individuals, families, and businesses exercise greater control over their mail forwarding expiration dates to better fit their needs, providing more time to communicate with their mailing contacts and update their information.’’ Id. The Postal Service states that it ‘‘initially introduced its test of Extended Mail Forwarding in nine postal districts: Alabama, Dakotas, Dallas, Northern New Jersey, Northland, Ohio Valley, Sacramento, San Diego, and Santa Ana. Given the strong results in those districts, on October 1, 2020, the Postal Service expanded the geographic scope of the market test nationwide, following its notice to the Commission on September 18, 2020.’’ 3 Total revenues anticipated or received by the Postal Service from the Extended Mail Forwarding market test must not exceed $10 million, as adjusted for inflation, in any year unless the Commission exempts the market test from that limit.4 If the Commission grants an exemption, total revenues anticipated or received by the Postal Service from Extended Mail Forwarding may not exceed $50 million in any year, adjusted for inflation. 39 U.S.C. 1 See United States Postal Service Request for Exemption from Dollar Amount Limitation, January 29, 2021 (Request). 2 Order Authorizing Extended Mail Forwarding Market Test, July 20, 2020, at 2 (Order No. 5591). 3 Id. at 1, See United States Postal Service Notice of Material Change to Market Test, September 18, 2020. 4 See 39 U.S.C. 3641(e). The $10 million annual limitation is adjusted by the change in the consumer price index for all urban consumers (CPI– U). Id. 3641(g). See also, 39 CFR 3045.15. The Commission rules provide the formula for adjusting the annual limitation, and the Commission publishes the resulting annual limitation on its website, www.prc.gov, under the reference section in the document titled ‘‘CPI Figures.’’ VerDate Sep<11>2014 17:07 Feb 08, 2021 Jkt 253001 3641(e)(2), (g). The Postal Service states that ‘‘it expects the market test to exceed the dollar limitation in the present quarter.’’ Request at 4. The Commission’s regulations require the Postal Service to file cost and revenue information with its request for exemption. 39 CFR 3045.16(f). The Postal Service has submitted actual and expected costs and revenue for the market test. Request at 3. The Postal Service states that at the close of FY 2020, Quarter 4, the Extended Mail Forwarding market test, then limited to nine postal districts, received $655,352.5 The Postal Service states that at the close of FY 2021, Quarter 1, the Extended Mail Forwarding market test, then expanded to a nationwide scope, received $7,958,925.30, as shown in the quarterly data report filed with the Commission. Request at 3. The Postal Service states that the Quarterly Report for FY 2021, Quarter 1, indicates combined development and attributable costs for the market test through December 31, 2020 were $504,897.65. Id. The Postal Service is required to estimate the anticipated additional revenue for each fiscal year remaining on the market test. The Postal Service states that if market trends and customer adoption metrics reflected in the FY 2021 Quarter 1 data collection report continue through FY 2021, the Postal Service anticipates that it will collect $31.8 million during FY 2021, well below the applicable $60,139,860 annual limit if the exception request is granted. Id. The Postal Service expects a similar result for FY 2022, but the test is expected to run only through the third quarter of FY 2022, so that yearly revenue for FY 2022 is expected to be approximately one-fourth less than for FY 2021, unless customer adoption increases. Id. The Commission shall approve the request for exemption if it determines that: (1) The product is likely to benefit the public and meet an expected demand; (2) the product is likely to contribute to the financial stability of the Postal Service; and (3) the product is unlikely to result in unfair or otherwise inappropriate competition. 39 U.S.C. 3641(e)(2). In its Request, the Postal Service discusses how the Extended Mail Forwarding market test benefits the public and meets an expected demand, contributes to the Postal Service’s financial stability, and 5 Request at 3; see Letter to Secretary Erica A. Barker Providing Extended Mail Forwarding Data Collection Report for FY 2020, Quarter 4, November 10, 2020. PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 is unlikely to result in unfair or inappropriate competition. Request at 2. The Commission rules require exemption requests to be filed 45 days in advance of the date the Postal Service expects to exceed the limit. Id. at 4. The Postal Service states that it received higher than expected results from Quarter 1 of FY 2021 and has proceeded expeditiously after receiving those results. Id. III. Commission Action The Commission invites comments on whether the Request complies with applicable statutory and regulatory requirements, including 39 U.S.C. 3641, 39 CFR part 3045, and Order No. 5591. Comments are due no later than February 10, 2021. The public portions of these filings can be accessed via the Commission’s website (http:// www.prc.gov). 39 U.S.C. 505 requires the Commission to designate an officer of the Commission to represent the interests of the general public in all public proceedings (Public Representative). The Commission previously appointed Richard A. Oliver to serve as the Public Representative in this proceeding. He remains appointed to serve as the Public Representative. IV. Ordering Paragraphs It is ordered: 1. The Commission invites comments on the United States Postal Service Request for Exemption from Dollar Amount Limitation on Market Test of Experimental Product-Extended Mail Forwarding, filed January 29, 2021. 2. Pursuant to 39 U.S.C. 505, Richard A. Oliver remains appointed to serve as the Public Representative in this proceeding. 3. Comments by interested persons are due no later than February 10, 2021. 4. The Secretary shall arrange for publication of this Order in the Federal Register. By the Commission. Erica A. Barker, Secretary. [FR Doc. 2021–02568 Filed 2–8–21; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket Nos. MC2021–67 and CP2021–70] New Postal Products Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recent Postal Service filing for the SUMMARY: E:\FR\FM\09FEN1.SGM 09FEN1

Agencies

[Federal Register Volume 86, Number 25 (Tuesday, February 9, 2021)]
[Notices]
[Pages 8809-8810]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-02568]


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POSTAL REGULATORY COMMISSION

[Docket No. MT2020-2; Order No. 5830]


Market Test of Experimental Product

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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

SUMMARY: The Commission is noticing a recently filed Postal Service 
request for exemption from annual revenue limitation for Market Test of 
Experimental Product-Extended Mail Forwarding. This notice informs the 
public of the filing, invites public comment, and takes other 
administrative steps.

DATES: Comments are due: February 10, 2021.

ADDRESSES: Submit comments electronically via the Commission's Filing 
Online system at http://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

[[Page 8810]]

II. Background
III. Commission Action
IV. Ordering Paragraphs

I. Introduction

    On January 29, 2021, the Postal Service filed a request, pursuant 
to 39 U.S.C. 3641(e)(2), for an exemption from the $10 million annual 
revenue limitation for the Extended Mail Forwarding market test.\1\ The 
Commission authorized the market test to begin on August 1, 2020, and 
to proceed until expiration on August 1, 2022.\2\
---------------------------------------------------------------------------

    \1\ See United States Postal Service Request for Exemption from 
Dollar Amount Limitation, January 29, 2021 (Request).
    \2\ Order Authorizing Extended Mail Forwarding Market Test, July 
20, 2020, at 2 (Order No. 5591).
---------------------------------------------------------------------------

II. Background

    The Postal Service states that ``Extended Mail Forwarding is a 
customer-focused service that ensures customers receive mailpieces for 
which they are the intended recipient after they change addresses.'' 
Request at 2. The purpose of the service is to allow ``[i]Individuals, 
families, and businesses exercise greater control over their mail 
forwarding expiration dates to better fit their needs, providing more 
time to communicate with their mailing contacts and update their 
information.'' Id. The Postal Service states that it ``initially 
introduced its test of Extended Mail Forwarding in nine postal 
districts: Alabama, Dakotas, Dallas, Northern New Jersey, Northland, 
Ohio Valley, Sacramento, San Diego, and Santa Ana. Given the strong 
results in those districts, on October 1, 2020, the Postal Service 
expanded the geographic scope of the market test nationwide, following 
its notice to the Commission on September 18, 2020.'' \3\
---------------------------------------------------------------------------

    \3\ Id. at 1, See United States Postal Service Notice of 
Material Change to Market Test, September 18, 2020.
---------------------------------------------------------------------------

    Total revenues anticipated or received by the Postal Service from 
the Extended Mail Forwarding market test must not exceed $10 million, 
as adjusted for inflation, in any year unless the Commission exempts 
the market test from that limit.\4\ If the Commission grants an 
exemption, total revenues anticipated or received by the Postal Service 
from Extended Mail Forwarding may not exceed $50 million in any year, 
adjusted for inflation. 39 U.S.C. 3641(e)(2), (g). The Postal Service 
states that ``it expects the market test to exceed the dollar 
limitation in the present quarter.'' Request at 4.
---------------------------------------------------------------------------

    \4\ See 39 U.S.C. 3641(e). The $10 million annual limitation is 
adjusted by the change in the consumer price index for all urban 
consumers (CPI-U). Id. 3641(g). See also, 39 CFR 3045.15. The 
Commission rules provide the formula for adjusting the annual 
limitation, and the Commission publishes the resulting annual 
limitation on its website, www.prc.gov, under the reference section 
in the document titled ``CPI Figures.''
---------------------------------------------------------------------------

    The Commission's regulations require the Postal Service to file 
cost and revenue information with its request for exemption. 39 CFR 
3045.16(f). The Postal Service has submitted actual and expected costs 
and revenue for the market test. Request at 3. The Postal Service 
states that at the close of FY 2020, Quarter 4, the Extended Mail 
Forwarding market test, then limited to nine postal districts, received 
$655,352.\5\ The Postal Service states that at the close of FY 2021, 
Quarter 1, the Extended Mail Forwarding market test, then expanded to a 
nationwide scope, received $7,958,925.30, as shown in the quarterly 
data report filed with the Commission. Request at 3. The Postal Service 
states that the Quarterly Report for FY 2021, Quarter 1, indicates 
combined development and attributable costs for the market test through 
December 31, 2020 were $504,897.65. Id.
---------------------------------------------------------------------------

    \5\ Request at 3; see Letter to Secretary Erica A. Barker 
Providing Extended Mail Forwarding Data Collection Report for FY 
2020, Quarter 4, November 10, 2020.
---------------------------------------------------------------------------

    The Postal Service is required to estimate the anticipated 
additional revenue for each fiscal year remaining on the market test. 
The Postal Service states that if market trends and customer adoption 
metrics reflected in the FY 2021 Quarter 1 data collection report 
continue through FY 2021, the Postal Service anticipates that it will 
collect $31.8 million during FY 2021, well below the applicable 
$60,139,860 annual limit if the exception request is granted. Id. The 
Postal Service expects a similar result for FY 2022, but the test is 
expected to run only through the third quarter of FY 2022, so that 
yearly revenue for FY 2022 is expected to be approximately one-fourth 
less than for FY 2021, unless customer adoption increases. Id.
    The Commission shall approve the request for exemption if it 
determines that: (1) The product is likely to benefit the public and 
meet an expected demand; (2) the product is likely to contribute to the 
financial stability of the Postal Service; and (3) the product is 
unlikely to result in unfair or otherwise inappropriate competition. 39 
U.S.C. 3641(e)(2). In its Request, the Postal Service discusses how the 
Extended Mail Forwarding market test benefits the public and meets an 
expected demand, contributes to the Postal Service's financial 
stability, and is unlikely to result in unfair or inappropriate 
competition. Request at 2.
    The Commission rules require exemption requests to be filed 45 days 
in advance of the date the Postal Service expects to exceed the limit. 
Id. at 4. The Postal Service states that it received higher than 
expected results from Quarter 1 of FY 2021 and has proceeded 
expeditiously after receiving those results. Id.

III. Commission Action

    The Commission invites comments on whether the Request complies 
with applicable statutory and regulatory requirements, including 39 
U.S.C. 3641, 39 CFR part 3045, and Order No. 5591. Comments are due no 
later than February 10, 2021. The public portions of these filings can 
be accessed via the Commission's website (http://www.prc.gov).
    39 U.S.C. 505 requires the Commission to designate an officer of 
the Commission to represent the interests of the general public in all 
public proceedings (Public Representative). The Commission previously 
appointed Richard A. Oliver to serve as the Public Representative in 
this proceeding. He remains appointed to serve as the Public 
Representative.

IV. Ordering Paragraphs

    It is ordered:
    1. The Commission invites comments on the United States Postal 
Service Request for Exemption from Dollar Amount Limitation on Market 
Test of Experimental Product-Extended Mail Forwarding, filed January 
29, 2021.
    2. Pursuant to 39 U.S.C. 505, Richard A. Oliver remains appointed 
to serve as the Public Representative in this proceeding.
    3. Comments by interested persons are due no later than February 
10, 2021.
    4. The Secretary shall arrange for publication of this Order in the 
Federal Register.

    By the Commission.
Erica A. Barker,
Secretary.
[FR Doc. 2021-02568 Filed 2-8-21; 8:45 am]
BILLING CODE 7710-FW-P