80_FR_61708 80 FR 61511 - New Postal Product

80 FR 61511 - New Postal Product

POSTAL REGULATORY COMMISSION

Federal Register Volume 80, Issue 197 (October 13, 2015)

Page Range61511-61512
FR Document2015-25915

The Commission is noticing a recent Postal Service filing concerning a revised model agreement for the International Merchandise Return Service Agreements with Foreign Postal Operators product. This notice informs the public of the filing, invites public comment, and takes other administrative steps.

Federal Register, Volume 80 Issue 197 (Tuesday, October 13, 2015)
[Federal Register Volume 80, Number 197 (Tuesday, October 13, 2015)]
[Notices]
[Pages 61511-61512]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-25915]


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POSTAL REGULATORY COMMISSION

[Docket Nos. MC2015-68 and CP2015-99; Order No. 2744]


New Postal Product

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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SUMMARY: The Commission is noticing a recent Postal Service filing 
concerning a revised model agreement for the International Merchandise 
Return Service Agreements with Foreign Postal Operators product. This 
notice informs the public of the filing, invites public comment, and 
takes other administrative steps.

DATES: Comments are due: October 15, 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. Request for Supplemental Information
IV. Ordering Paragraphs

I. Introduction

    On August 4, 2015, the Commission conditionally approved the 
proposed International Merchandise Return Service Agreements with 
Foreign Postal Operators (IMRS-FPO) product.\1\ To ensure that the 
IMRS-FPO product covers its attributable costs, the Commission directed 
the Postal Service to amend the model agreement to include language 
that: ``(1) automatically adjusts the agreement's prices if [they fall] 
below the range most recently approved by the Commission; or (2) 
automatically terminates the agreement if the agreement's prices fall 
below the range most recently approved by the Commission.'' Order No. 
2639 at 7.
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    \1\ Order Conditionally Approving Addition of Competitive 
International Merchandise Return Service Agreements with Foreign 
Postal Operators (IMRS-FPO) to the Competitive Product List, August 
4, 2015, at 7 (Order No. 2639).
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    On October 1, 2015, the Postal Service filed a revised model 
agreement for the proposed IMRS-FPO product.\2\ A redacted copy of the 
revised model agreement appears as Attachment 1 to the Response. The 
Postal Service states that changes were made to Article 9, Article 23, 
and Annex 1. Response at 1.

[[Page 61512]]

As a result of these changes, the Postal Service claims that IMRS-FPO 
agreements will now ``automatically terminate'' should the rates in the 
agreement fall outside the IMRS-FPO rate range most recently approved 
by the Commission. Id. at 1-2. The Postal Service asserts that the 
revisions to the model agreement are consistent with Order No. 2639. 
Id. at 1.
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    \2\ United States Postal Service Response to Order No. 2639 
Concerning Revised Model Agreement for Competitive International 
Merchandise Return Service Agreements with Foreign Postal Operators 
(IMRS-FPO), October 1, 2015 (Response).
---------------------------------------------------------------------------

II. Notice of Commission Action

    In Order No. 2639, the Commission stated that once the Postal 
Service filed a revised model agreement it would ``notice that filing 
for comment.'' Order No. 2639 at 8. Accordingly, the Commission invites 
comments on whether the Postal Service's revised model agreement is 
consistent with the Commission's directive. Interested persons, 
including the Public Representative, may submit comments on the 
information in the Postal Service's Response no later than October 15, 
2015. James F. Callow will continue to serve as Public Representative 
in these proceedings.

III. Request for Supplemental Information

    Article 9 of the revised model agreement states that, in the event 
that the prices in the agreement no longer fall within the range most 
recently approved by the Commission, the agreement ``shall expire sixty 
(60) days after the effective date of the new rate range. . . .'' 
Response, Attachment 1 at 3. The Commission requests that the Postal 
Service explain why IMRS-FPO agreements cannot terminate sooner than 
sixty days after the effective date of a new rate range. The Postal 
Service's response is due no later than October 13, 2015.

IV. Ordering Paragraphs

    It is ordered:
    1. Comments on the information in the Postal Service's Response are 
due no later than October 15, 2015.
    2. The Postal Service's response to the request for supplemental 
information is due no later than October 13, 2015.
    3. James F. Callow will continue to serve as an officer of the 
Commission (Public Representative) to represent the interests of the 
general public in these proceedings.
    4. The Secretary shall arrange for publication of this order in the 
Federal Register.

    By the Commission.
Ruth Ann Abrams,
Acting Secretary.
[FR Doc. 2015-25915 Filed 10-9-15; 8:45 am]
 BILLING CODE 7710-FW-P



                                                                               Federal Register / Vol. 80, No. 197 / Tuesday, October 13, 2015 / Notices                                                             61511

                                                                                                                                                                                                Authorization
                                                             Agency name                               Organization name                                    Position title                                      Vacate date
                                                                                                                                                                                                    No.

                                                                                                                                             National Press Secretary for                      DH140137             7/11/2015
                                                                                                                                               Health Care.
                                                                                                                                             Confidential Assistant ....................       DH150140             7/31/2015
                                                                                             Office of the Secretary ..................      Confidential Assistant to the Sec-                DH140113             7/29/2015
                                                                                                                                               retary.
                                                  DEPARTMENT OF HOMELAND                     Office of the Assistant Secretary               Confidential Assistant to the As-                 DM150010              7/1/2015
                                                   SECURITY.                                   for Public Affairs.                             sistant Secretary for Public Af-
                                                                                                                                               fairs.
                                                                                                                                             Assistant Press Secretary .............           DM150019             7/11/2015
                                                                                                                                             Press Assistant ..............................    DM140233             7/11/2015
                                                                                             Office of the Under Secretary for               Special Assistant to the Under                    DM140109             7/11/2015
                                                                                               Science and Technology.                         Secretary and Deputy Under
                                                                                                                                               Secretary for Science and Tech-
                                                                                                                                               nology.
                                                  DEPARTMENT OF HOUSING                      Office of Community Planning and                Senior Advisor ...............................    DU140009              7/6/2015
                                                   AND URBAN DEVELOPMENT.                      Development.
                                                  DEPARTMENT OF THE INTE-                    Secretary’s Immediate Office ........           Special Assistant ...........................     DI140022              7/6/2015
                                                   RIOR.
                                                                                             Office of Assistant Secretary, In-              Senior Advisor to the Assistant                   DI120044              7/1/2015
                                                                                               dian Affairs.                                   Secretary, Indian Affairs.
                                                  DEPARTMENT OF JUSTICE ........             Office of Legal Policy ....................     Researcher ....................................   DJ120089             7/11/2015
                                                                                             Office of the Deputy Attorney Gen-              Senior Counsel ..............................     DJ090125             7/11/2015
                                                                                               eral.
                                                                                             Office on Violence Against Women                Program Specialist ........................       DJ140020             7/11/2015
                                                  SMALL BUSINESS ADMINISTRA-                 Office of Capital Access ................       Senior Advisor to the Associate                   SB150005             7/11/2015
                                                   TION.                                                                                       Administrator for Capital Access.
                                                                                             Office of Communications               and      Special Advisor for Public Engage-                SB140026             7/15/2015
                                                                                               Public Liaison.                                 ment.
                                                                                                                                             Associate Administrator for Com-                  SB150033             7/28/2015
                                                                                                                                               munications and Public Liaison.
                                                  DEPARTMENT OF TRANSPOR-                    Office of Public Affairs ...................    Chief Speechwriter ........................       DT150019              7/8/2015
                                                   TATION.
                                                                                                                                             Press Secretary and Senior Media                  DT150025             7/18/2015
                                                                                                                                               Advisor.
                                                  DEPARTMENT OF THE TREAS-                   Office of the Secretary of the                  Deputy Executive Secretary ..........             DY140109              7/8/2015
                                                   URY.                                        Treasury.
                                                                                             Office of the Assistant Secretary               Special Assistant ...........................     DY140108             7/17/2015
                                                                                               (Legislative Affairs).



                                                    Authority: 5 U.S.C. 3301 and 3302; E.O.                ADDRESSES:   Submit comments                                     ensure that the IMRS–FPO product
                                                  10577, 3 CFR, 1954–1958 Comp., p. 218.                   electronically via the Commission’s                              covers its attributable costs, the
                                                  U.S. Office of Personnel Management.                     Filing Online system at http://                                  Commission directed the Postal Service
                                                  Beth F. Cobert,                                          www.prc.gov. Those who cannot submit                             to amend the model agreement to
                                                  Acting Director.                                         comments electronically should contact                           include language that: ‘‘(1)
                                                  [FR Doc. 2015–25896 Filed 10–9–15; 8:45 am]              the person identified in the FOR FURTHER                         automatically adjusts the agreement’s
                                                                                                           INFORMATION CONTACT section by                                   prices if [they fall] below the range most
                                                  BILLING CODE 6325–39–P
                                                                                                           telephone for advice on filing                                   recently approved by the Commission;
                                                                                                           alternatives.                                                    or (2) automatically terminates the
                                                                                                           FOR FURTHER INFORMATION CONTACT:
                                                                                                                                                                            agreement if the agreement’s prices fall
                                                  POSTAL REGULATORY COMMISSION
                                                                                                           David A. Trissell, General Counsel, at                           below the range most recently approved
                                                  [Docket Nos. MC2015–68 and CP2015–99;
                                                                                                           202–789–6820.                                                    by the Commission.’’ Order No. 2639 at
                                                  Order No. 2744]                                                                                                           7.
                                                                                                           SUPPLEMENTARY INFORMATION:
                                                                                                                                                                               On October 1, 2015, the Postal Service
                                                  New Postal Product
                                                                                                           Table of Contents                                                filed a revised model agreement for the
                                                  AGENCY: Postal Regulatory Commission.                                                                                     proposed IMRS–FPO product.2 A
                                                                                                           I. Introduction
                                                  ACTION: Notice.                                          II. Notice of Commission Action                                  redacted copy of the revised model
                                                                                                           III. Request for Supplemental Information                        agreement appears as Attachment 1 to
                                                  SUMMARY:  The Commission is noticing a                   IV. Ordering Paragraphs                                          the Response. The Postal Service states
                                                  recent Postal Service filing concerning a                                                                                 that changes were made to Article 9,
                                                  revised model agreement for the                          I. Introduction                                                  Article 23, and Annex 1. Response at 1.
                                                  International Merchandise Return
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                                                                                                             On August 4, 2015, the Commission
                                                  Service Agreements with Foreign Postal                   conditionally approved the proposed                              Service Agreements with Foreign Postal Operators
                                                  Operators product. This notice informs                   International Merchandise Return                                 (IMRS–FPO) to the Competitive Product List,
                                                  the public of the filing, invites public                 Service Agreements with Foreign Postal                           August 4, 2015, at 7 (Order No. 2639).
                                                  comment, and takes other                                 Operators (IMRS–FPO) product.1 To
                                                                                                                                                                              2 United States Postal Service Response to Order

                                                  administrative steps.                                                                                                     No. 2639 Concerning Revised Model Agreement for
                                                                                                                                                                            Competitive International Merchandise Return
                                                  DATES: Comments are due: October 15,                       1 Order Conditionally Approving Addition of                    Service Agreements with Foreign Postal Operators
                                                  2015.                                                    Competitive International Merchandise Return                     (IMRS–FPO), October 1, 2015 (Response).



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                                                  61512                        Federal Register / Vol. 80, No. 197 / Tuesday, October 13, 2015 / Notices

                                                  As a result of these changes, the Postal                SECURITIES AND EXCHANGE                               registration, Form N–8A requires only
                                                  Service claims that IMRS–FPO                            COMMISSION                                            that the registrant file the cover page
                                                  agreements will now ‘‘automatically                                                                           (giving its name, address, and agent for
                                                  terminate’’ should the rates in the                     Submission for OMB Review;                            service of process) and sign the form in
                                                  agreement fall outside the IMRS–FPO                     Comment Request                                       order to effect registration.
                                                  rate range most recently approved by                                                                             Based on recent filings of notifications
                                                                                                          Upon Written Request, Copy Available
                                                  the Commission. Id. at 1–2. The Postal                                                                        of registration on Form N–8A, we
                                                                                                           From: Securities and Exchange
                                                  Service asserts that the revisions to the                                                                     estimate that about 92 investment
                                                                                                           Commission, Office of FOIA Services,
                                                  model agreement are consistent with                                                                           companies file such notifications each
                                                                                                           100 F Street NE., Washington, DC
                                                  Order No. 2639. Id. at 1.                                                                                     year. An investment company must only
                                                                                                           20549–2736.
                                                                                                                                                                file a notification of registration on
                                                  II. Notice of Commission Action                         Extension:                                            Form N–8A once. The currently
                                                     In Order No. 2639, the Commission                      Form N–8A. SEC File No. 270–135, OMB                approved average hour burden per
                                                                                                              Control No. 3235–0175.
                                                  stated that once the Postal Service filed                                                                     investment company of preparing and
                                                  a revised model agreement it would                         Notice is hereby given that, pursuant              filing a notification of registration on
                                                  ‘‘notice that filing for comment.’’ Order               to the Paperwork Reduction Act of 1995                Form N–8A is one hour. Based on the
                                                  No. 2639 at 8. Accordingly, the                         (44 U.S.C. 3501 et seq.), the Securities              Commission staff’s experience with the
                                                  Commission invites comments on                          and Exchange Commission (the                          requirements of Form N–8A and with
                                                  whether the Postal Service’s revised                    ‘‘Commission’’) has submitted to the                  disclosure documents generally—and
                                                  model agreement is consistent with the                  Office of Management and Budget                       considering that investment companies
                                                  Commission’s directive. Interested                      (‘‘OMB’’) a request for extension of the              that are filing notifications of
                                                  persons, including the Public                           previously approved collection of                     registration on Form N–8A
                                                  Representative, may submit comments                     information discussed below.                          simultaneously with the registration
                                                  on the information in the Postal                           The Investment Company Act of 1940                 statement under the Investment
                                                  Service’s Response no later than                        (‘‘Investment Company Act’’) (15 U.S.C.               Company Act are only required by Form
                                                  October 15, 2015. James F. Callow will                  80a–1 et seq.) requires investment                    N–8A to file a signed cover page—we
                                                  continue to serve as Public                             companies to register with the                        continue to believe that this estimate is
                                                  Representative in these proceedings.                    Commission before they conduct any                    appropriate. Therefore, we estimate that
                                                                                                          business in interstate commerce.                      the total annual hour burden to prepare
                                                  III. Request for Supplemental                           Section 8(a) of the Investment Company                and file notifications of registration on
                                                  Information                                             Act provides that an investment                       Form N–8A is 92 hours. The currently
                                                     Article 9 of the revised model                       company shall be deemed to be                         approved cost burden of Form N–8A is
                                                  agreement states that, in the event that                registered upon receipt by the                        $443 per filing. We are updating the
                                                  the prices in the agreement no longer                   Commission of a notification of                       estimated cost burden to $449 to
                                                  fall within the range most recently                     registration in such form as the                      account for the effects of inflation.
                                                  approved by the Commission, the                         Commission prescribes. Form N–8A (17                  Therefore, we estimate that the total
                                                  agreement ‘‘shall expire sixty (60) days                CFR 274.10) is the form for notification              annual cost burden to associated with
                                                  after the effective date of the new rate                of registration that the Commission has               preparing and filing notifications of
                                                  range. . . .’’ Response, Attachment 1 at                adopted under section 8(a). The purpose               registration on Form N–8A is about
                                                  3. The Commission requests that the                     of such notification of registration                  $41,308.
                                                  Postal Service explain why IMRS–FPO                     provided on Form N–8A is to notify the                   Estimates of average burden hours
                                                  agreements cannot terminate sooner                      Commission of the existence of                        and costs are made solely for the
                                                  than sixty days after the effective date                investment companies required to be                   purposes of the Paperwork Reduction
                                                  of a new rate range. The Postal Service’s               registered under the Investment                       Act, and are not derived from a
                                                  response is due no later than October                   Company Act and to enable the                         comprehensive or even representative
                                                  13, 2015.                                               Commission to administer the                          survey or study of the costs of
                                                                                                          provisions of the Investment Company                  Commission rules and forms.
                                                  IV. Ordering Paragraphs                                 Act with respect to those companies.                  Compliance with the collection of
                                                     It is ordered:                                       After an investment company has filed                 information requirements of Form N–8A
                                                     1. Comments on the information in                    its notification of registration under                is mandatory. Responses to the
                                                  the Postal Service’s Response are due no                section 8(a), the company is then subject             collection of information will not be
                                                  later than October 15, 2015.                            to the provisions of the Investment                   kept confidential. An agency may not
                                                     2. The Postal Service’s response to the              Company Act which govern certain                      conduct or sponsor, and a person is not
                                                  request for supplemental information is                 aspects of its organization and activities,           required to respond to, a collection of
                                                  due no later than October 13, 2015.                     such as the composition of its board of               information unless it displays a
                                                     3. James F. Callow will continue to                  directors and the issuance of senior                  currently valid OMB control number.
                                                  serve as an officer of the Commission                   securities. Form N–8A requires an                        The public may view the background
                                                  (Public Representative) to represent the                investment company to provide its                     documentation for this information
                                                  interests of the general public in these                name, state of organization, form of                  collection at the following Web site,
                                                  proceedings.                                            organization, classification, the name                www.reginfo.gov. Comments should be
                                                     4. The Secretary shall arrange for                   and address of each investment adviser                directed to: (i) Desk Officer for the
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                  publication of this order in the Federal                of the investment company, the current                Securities and Exchange Commission,
                                                  Register.                                               value of its total assets, and certain                Office of Information and Regulatory
                                                                                                          other information readily available to                Affairs, Office of Management and
                                                   By the Commission.                                     the investment company. If the                        Budget, Room 10102, New Executive
                                                  Ruth Ann Abrams,                                        investment company is filing a                        Office Building, Washington, DC 20503,
                                                  Acting Secretary.                                       registration statement as required by                 or by sending an email to: Shagufta_
                                                  [FR Doc. 2015–25915 Filed 10–9–15; 8:45 am]             Section 8(b) of the Investment Company                Ahmed@omb.eop.gov; and (ii) Pamela
                                                  BILLING CODE 7710–FW–P                                  Act concurrently with its notification of             Dyson, Director/Chief Information


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Document Created: 2018-02-27 08:48:10
Document Modified: 2018-02-27 08:48:10
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesComments are due: October 15, 2015.
ContactDavid A. Trissell, General Counsel, at 202-789-6820.
FR Citation80 FR 61511 

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