[Federal Register: November 9, 2004 (Volume 69, Number 216)]
[Notices]
[Page 64998]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr09no04-93]
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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]