[Federal Register Volume 69, Number 216 (Tuesday, November 9, 2004)]
[Notices]
[Page 64998]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-24943]


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POSTAL RATE COMMISSION


Briefing on New Postal Service Rollforward Model

AGENCY: Postal Rate Commission.

ACTION: Notice of public briefing.

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SUMMARY: The Postal Service will present a briefing and demonstration 
of its new PC-based rollforward model software on Tuesday, November 16, 
2004 at 10 a.m. in the Commission's hearing room. The briefing will 
address the history of the Postal Service's rollforward model, reasons 
why the new version was developed, and components of the new model. A 
question-and-answer session will follow. The meeting is open to the 
public.

DATES: Tuesday, November 16, 2004.

ADDRESSES: Postal Rate Commission (hearing room), 1333 H Street NW., 
Washington, DC 20268-0001, Suite 300.

FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, General Counsel, 
202-789-6818.

SUPPLEMENTARY INFORMATION:

Regulatory History

    69 FR 7530, February 17, 2004.
    Earlier this year, the Postal Rate Commission gave a public 
demonstration of the new computer software model it has developed to 
handle the cost model/rollforward function in rate cases. The Postal 
Service has likewise been involved in updating its rollforward 
software. For the Postal Service, this would mean moving from a 
mainframe platform to a PC-based platform. This presentation will be 
quite similar in content and format to that provided by the Commission. 
As with the Commission's new software, the primary purpose of the 
Postal Service's new model is not to change the substance of the 
rollforward methodology, but rather to perform the same computational 
operations and achieve the same results using a different computer 
platform. The demonstration will use the rollforward model from the 
last omnibus rate case to illustrate how the model works.
    The Postal Service anticipates having a version of the model 
available on the Commission's Web site, http://www.prc.gov, so that 
interested observers can load the model and follow along on their own 
computers. There are a limited number of computer outlets in the 
hearing room which will be available for use during the presentation. 
Interested persons should contact Steven W. Williams at 202-789-6842.

Steven W. Williams,
Secretary.
[FR Doc. 04-24943 Filed 11-8-04; 8:45 am]
BILLING CODE 7710-FW-P