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Diane Publishing Books
U.S. Postal Service: Improved Management Procedures Needed for Parcel Select Contracts
Lori Rectanus (au)
The U.S. Postal Service (USPS) faces significant financial challenges including insufficient revenues to cover its expenses and financial obligations. Parcel Select is a key USPS package shipping product that was developed to help address these challenges, with revenues growing from $466 million to over $2.5 billion from FY 2009 through FY 2014. As of April 3, 2015, USPS has executed 13 Parcel Select negotiated service agreements (NSAs) -- customized contracts that lower mailersäó» shipping prices in exchange for meeting volume targets and other requirements. This report examined (1) USPSäó»s procedures to manage Parcel Select NSAs; and (2) its method to determine attributable cost coverage for each contract. Includes recommendations. Figures. This is a print on demand report.
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