80 FR 38476 - New Postal Product
POSTAL REGULATORY COMMISSION Federal Register Volume 80, Issue 128 (July 6, 2015)
Federal Register Volume 80, Issue 128 (July 6, 2015)
| Page Range | 38476-38477 | |
| FR Document | 2015-16404 |
[Federal Register Volume 80, Number 128 (Monday, July 6, 2015)] [Notices] [Pages 38476-38477] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-16404] ======================================================================= ----------------------------------------------------------------------- POSTAL REGULATORY COMMISSION [Docket Nos. MC2015-58 and CP2015-88; Order No. 2556] New Postal Product AGENCY: Postal Regulatory Commission. ACTION: Notice. ----------------------------------------------------------------------- [[Page 38477]] SUMMARY: The Commission is noticing a recent Postal Service filing concerning the addition of Parcel Return Service Contract 9 to the competitive product list. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: July 7, 2015. 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 II. Notice of Commission Action III. Ordering Paragraphs I. Introduction In accordance with 39 U.S.C. 3642 and 39 CFR 3020.30 et seq., the Postal Service filed a formal request and associated supporting information to add Parcel Return Service Contract 9 to the competitive product list.\1\ --------------------------------------------------------------------------- \1\ Request of the United States Postal Service to Add Parcel Return Service Contract 9 to Competitive Product List and Notice of Filing (Under Seal) of Unredacted Governors' Decision, Contract, and Supporting Data, June 26, 2015 (Request). --------------------------------------------------------------------------- The Postal Service contemporaneously filed a redacted contract related to the proposed new product under 39 U.S.C. 3632(b)(3) and 39 CFR 3015.5. Id. Attachment B. To support its Request, the Postal Service filed a copy of the contract, a copy of the Governors' Decision authorizing the product, proposed changes to the Mail Classification Schedule, a Statement of Supporting Justification, a certification of compliance with 39 U.S.C. 3633(a), and an application for non-public treatment of certain materials. It also filed supporting financial workpapers. II. Notice of Commission Action The Commission establishes Docket Nos. MC2015-58 and CP2015-88 to consider the Request pertaining to the proposed Parcel Return Service Contract 9 product and the related contract, respectively. The Commission invites comments on whether the Postal Service's filings in the captioned dockets are consistent with the policies of 39 U.S.C. 3632, 3633, or 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comments are due no later than July 7, 2015. The public portions of these filings can be accessed via the Commission's Web site (http://www.prc.gov). The Commission appoints Curtis E. Kidd to serve as Public Representative in these dockets. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket Nos. MC2015-58 and CP2015-88 to consider the matters raised in each docket. 2. Pursuant to 39 U.S.C. 505, Curtis E. Kidd is appointed to serve as an officer of the Commission to represent the interests of the general public in these proceedings (Public Representative). 3. Comments are due no later than July 7, 2015. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Ruth Ann Abrams, Acting Secretary. [FR Doc. 2015-16404 Filed 7-2-15; 8:45 am] BILLING CODE 7710-FW-P
![38476 Federal Register / Vol. 80, No. 128 / Monday, July 6, 2015 / Notices
complex or high-risk activities are also Follow generally accepted accounting OMB Number: 3133–0149.
required to report more detailed principles (GAAP); prepare financial Form Number: None.
information, including audited financial statements at least quarterly and obtain Type of Review: Revision to a
statements and customer information. an annual opinion audit from a licensed currently approved collection.
DATES: Comments will be accepted until certified public accountant; provide Description: NCUA amended part 712
September 4, 2015. access to its books and records to NCUA to increase transparency and address
and the appropriate SSA; and file safety and soundness concerns about
ADDRESSES: Interested parties are
financial and other reports directly with activities conducted by CUSOs and
invited to submit written comments to imposes certain recordkeeping
the NCUA Contact and the OMB NCUA and the appropriate SSA;
(IC 2.) Obtain Written Legal Opinion. obligations on FICUs that have
Reviewer listed below: investment or lending relationships
A FICU must obtain a written legal
NCUA Contact: Joy Lee, National with, or conduct operations through,
opinion confirming the CUSO is
Credit Union Administration, 1775 CUSOs.3 The final rule extends certain
established in a legally sufficient way to
Duke Street, Alexandria, Virginia requirements of the CUSO regulation to
limit the credit union’s exposure to loss
22314–3428, Fax No. 703–837–2861, of its loans to, or investments in, the federally insured, state-chartered credit
Email: OCIOPRA@ncua.gov. CUSO; unions and imposes new requirements
OMB Reviewer: Office of Management (IC 3.) Obtain Regulatory Approval. on federally insured credit unions
and Budget, ATTN: Desk Officer for the Any FICU that is or, as a result of (FICUs). Under the amended rule a
National Credit Union Administration, recapitalizing an insolvent CUSO will FICU with an investment in, or loan to,
Office of Information and Regulatory become, less than adequately a CUSO must obtain a written
Affairs, Washington, DC 20503. capitalized, must seek NCUA approval agreement with the CUSO addressing
FOR FURTHER INFORMATION CONTACT: before recapitalizing an insolvent accounting, financial statements, audits,
Requests for additional information, a CUSO; and reporting, and legal opinions. The rule
copy of the information collection (IC 4.) CUSO Reporting. A CUSO with limits the ability of a ‘‘less than
request, or a copy of submitted an investment or loan from a FICU must adequately capitalized’’ FICU to
comments should be directed to: annually submit a report directly to recapitalize an insolvent CUSO. All
NCUA Contact: Joy Lee, National NCUA and the appropriate SSA that CUSOs are required to annually provide
Credit Union Administration, 1775 contains financial and other information basic profile information to NCUA and
Duke Street, Alexandria, Virginia prescribed in the rule. All CUSOs are the appropriate SSA. CUSOs engaging
22314–3428, Fax No. 703–837–2861, required to provide basic profile in certain complex or high-risk activities
Email: OCIOPRA@ncua.gov. information to NCUA and the are also required to report more detailed
SUPPLEMENTARY INFORMATION: appropriate SSA. CUSOs engaging in information, including audited financial
certain complex or high-risk activities statements and customer information.
I. Abstract and Request for Comments are also required to report more detailed These reporting obligations are imposed
NCUA is revising the currently information, including audited financial on natural person credit union CUSOs
approved collection of information, statements and customer information. and corporate credit union CUSOs as a
OMB Control Number, 3133–0149, to An agency may not conduct or result of the rule.
reflect amendments to part 712 (part 712 sponsor, and a person is not required to Respondents: Federally insured credit
or the rule). Part 712 of the National respond to, a collection of information unions and credit union service
Credit Union Administration’s (NCUA) unless it displays a currently valid OMB organizations.
regulations 1 implements authority in control number. Estimated No. of Respondents: 4,116.
the Federal Credit Union Act 2 relating NCUA requests that you send your Frequency of Response: One-time, on
to federally insured credit union (FICU) comments on the information collection occasion, and annual.
lending or investment activity with a requirements for Credit Union Service Estimated Burden Hours per
credit union service organization Organizations, 12 CFR part 712, to the Response: Varies based on type and
(CUSO). The rule addresses NCUA’s locations listed in the ADDRESSES frequency of response.
safety and soundness concerns for section. Your comments should address: Estimated Total Annual Burden
activities conducted by CUSOs and (a) the necessity of the information Hours: 11,558.5 hours.
imposes certain recordkeeping collection for the proper performance of Estimated Total Annual Cost:
obligations on FICUs that have NCUA, including whether the $76,177.2.
investment or lending relationships information will have practical utility; By the National Credit Union
with, or conduct operations through, (b) the accuracy of our estimate of the Administration Board on June 30, 2015.
CUSOs. Certain reporting obligations are burden (hours and cost) of the collection Gerard Poliquin,
imposed on natural person credit union of information, including the validity of Secretary of the Board.
CUSOs and corporate credit union the methodology and assumptions used; [FR Doc. 2015–16497 Filed 7–2–15; 8:45 am]
CUSOs as a result of the rule. (c) ways we could enhance the quality,
BILLING CODE 7535–01–P
Part 712 contains the following utility, and clarity of the information to
information collection (IC) be collected; and (d) ways we could
requirements: minimize the burden of the collection of
POSTAL REGULATORY COMMISSION
(IC 1.) Obtain Written Agreement. the information on the respondents such
Before making a loan to, or investment as through the use of automated [Docket Nos. MC2015–58 and CP2015–88;
in, a CUSO, a FICU must obtain a collection techniques or other forms of Order No. 2556]
Lhorne on DSK7TPTVN1PROD with NOTICES
written agreement from the CUSO (or information technology. It is NCUA’s
policy to make all comments available New Postal Product
revise any current agreement the FICU
has with a CUSO) that the CUSO will: to the public for review. AGENCY: Postal Regulatory Commission.
II. Data ACTION: Notice.
1 12CFR part 712.
2 12U.S.C. 1756, 1757(5)(D), 1757(7)(I), 1766, Title: Credit Union Service
1782, 1785, and 1786. Organizations, 12 CFR part 712. 3 78 FR 72537 (Dec. 3, 2013).
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![Federal Register / Vol. 80, No. 128 / Monday, July 6, 2015 / Notices 38477
SUMMARY: The Commission is noticing a 3633, or 3642, 39 CFR part 3015, and 39 I. Introduction
recent Postal Service filing concerning CFR part 3020, subpart B. Comments are On June 26, 2015, the Postal Service
the addition of Parcel Return Service due no later than July 7, 2015. The filed notice that it has entered into an
Contract 9 to the competitive product public portions of these filings can be additional Global Expedited Package
list. This notice informs the public of accessed via the Commission’s Web site Services 3 (GEPS 3) negotiated service
the filing, invites public comment, and (http://www.prc.gov). agreement (Agreement).1
takes other administrative steps. The Commission appoints Curtis E. To support its Notice, the Postal
DATES: Comments are due: July 7, 2015. Kidd to serve as Public Representative Service filed a copy of the Agreement,
ADDRESSES: Submit comments
in these dockets. a copy of the Governors’ Decision
electronically via the Commission’s III. Ordering Paragraphs authorizing the product, a certification
Filing Online system at http:// of compliance with 39 U.S.C. 3633(a),
It is ordered:
www.prc.gov. Those who cannot submit and an application for non-public
1. The Commission establishes Docket
comments electronically should contact treatment of certain materials. It also
Nos. MC2015–58 and CP2015–88 to
the person identified in the FOR FURTHER filed supporting financial workpapers.
consider the matters raised in each
INFORMATION CONTACT section by
docket. II. Notice of Commission Action
telephone for advice on filing 2. Pursuant to 39 U.S.C. 505, Curtis E.
alternatives. The Commission establishes Docket
Kidd is appointed to serve as an officer No. CP2015–87 for consideration of
FOR FURTHER INFORMATION CONTACT: of the Commission to represent the matters raised by the Notice.
David A. Trissell, General Counsel, at interests of the general public in these The Commission invites comments on
202–789–6820. proceedings (Public Representative). whether the Postal Service’s filing is
SUPPLEMENTARY INFORMATION: 3. Comments are due no later than consistent with 39 U.S.C. 3632, 3633, or
July 7, 2015. 3642, 39 CFR part 3015, and 39 CFR
Table of Contents 4. The Secretary shall arrange for part 3020, subpart B. Comments are due
I. Introduction publication of this order in the Federal no later than July 7, 2015. The public
II. Notice of Commission Action Register. portions of the filing can be accessed via
III. Ordering Paragraphs By the Commission. the Commission’s Web site (http://
I. Introduction Ruth Ann Abrams, www.prc.gov).
Acting Secretary. The Commission appoints Lyudmila
In accordance with 39 U.S.C. 3642 Y. Bzhilyanskaya to serve as Public
and 39 CFR 3020.30 et seq., the Postal [FR Doc. 2015–16404 Filed 7–2–15; 8:45 am]
Representative in this docket.
Service filed a formal request and BILLING CODE 7710–FW–P
associated supporting information to III. Ordering Paragraphs
add Parcel Return Service Contract 9 to It is ordered:
the competitive product list.1 POSTAL REGULATORY COMMISSION
1. The Commission establishes Docket
The Postal Service [Docket No. CP2015–87; Order No. 2555] No. CP2015–87 for consideration of the
contemporaneously filed a redacted matters raised by the Postal Service’s
contract related to the proposed new New Postal Product Notice.
product under 39 U.S.C. 3632(b)(3) and 2. Pursuant to 39 U.S.C. 505,
AGENCY: Postal Regulatory Commission.
39 CFR 3015.5. Id. Attachment B. Lyudmila Y. Bzhilyanskaya is appointed
To support its Request, the Postal ACTION: Notice.
to serve as an officer of the Commission
Service filed a copy of the contract, a SUMMARY: The Commission is noticing a to represent the interests of the general
copy of the Governors’ Decision recent Postal Service filing concerning public in this proceeding (Public
authorizing the product, proposed an additional Global Expedited Package Representative).
changes to the Mail Classification Services 3 (GEPS 3) negotiated service 3. Comments are due no later than
Schedule, a Statement of Supporting agreement. This notice informs the July 7, 2015.
Justification, a certification of public of the filing, invites public 4. The Secretary shall arrange for
compliance with 39 U.S.C. 3633(a), and comment, and takes other publication of this order in the Federal
an application for non-public treatment administrative steps. Register.
of certain materials. It also filed By the Commission.
DATES: Comments are due: July 7, 2015.
supporting financial workpapers. Ruth Ann Abrams,
ADDRESSES: Submit comments
II. Notice of Commission Action electronically via the Commission’s Acting Secretary.
The Commission establishes Docket Filing Online system at http:// [FR Doc. 2015–16403 Filed 7–2–15; 8:45 am]
Nos. MC2015–58 and CP2015–88 to www.prc.gov. Those who cannot submit BILLING CODE 7710–FW–P
consider the Request pertaining to the comments electronically should contact
proposed Parcel Return Service Contract the person identified in the FOR FURTHER
9 product and the related contract, INFORMATION CONTACT section by POSTAL SERVICE
respectively. telephone for advice on filing
The Commission invites comments on alternatives. Product Change—Parcel Return
whether the Postal Service’s filings in Service Negotiated Service Agreement
FOR FURTHER INFORMATION CONTACT:
the captioned dockets are consistent David A. Trissell, General Counsel, at AGENCY: Postal ServiceTM.
Lhorne on DSK7TPTVN1PROD with NOTICES
with the policies of 39 U.S.C. 3632, 202–789–6820. ACTION: Notice.
SUPPLEMENTARY INFORMATION:
1 Request of the United States Postal Service to
Add Parcel Return Service Contract 9 to Table of Contents 1 Notice of United States Postal Service of Filing
Competitive Product List and Notice of Filing a Functionally Equivalent Global Expedited
(Under Seal) of Unredacted Governors’ Decision, I. Introduction Package Services 3 Negotiated Service Agreement
Contract, and Supporting Data, June 26, 2015 II. Notice of Commission Action and Application for Non-Public Treatment of
(Request). III. Ordering Paragraphs Materials Filed Under Seal, June 26, 2015 (Notice).
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Document Created: 2015-12-15 13:17:54
Document Modified: 2015-12-15 13:17:54
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice. | |
| Dates | Comments are due: July 7, 2015. | |
| Contact | David A. Trissell, General Counsel, at 202-789-6820. | |
| FR Citation | 80 FR 38476 |
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