Postal Regulatory CommissionPostal Regulatory CommissionPRC_7da266ca-bcdf-4da6-b8bf-48ffe7a267f5The Commission will ensure transparency and accountability of the United States Postal Service and foster a vital and efficient postal system that includes universal service. In five years time, the Postal Service will have several years of experience operating under a modern rate regulation system. There will be more consistency in postal rates because of a predictable ratemaking process as well as transparency and financial accountability across postal classes. The public will better understand the Postal Service because of enhanced transparency. The Postal Service will be better able to respond to changing market conditions, factors, and concerns as identified in the PAEA. The Postal Service will be a responsive service provider focused on efficiency and effectiveness. The role of the Commission in the future of the postal system: Over the next five years, the Commission will become a mature regulator exercising statutory and comprehensive oversight of the United States Postal Service. We will promote transparency, accountability, predictability, and responsiveness. We will achieve these core objectives and inspire the trust of our stakeholders by: Continuing to utilize strong technical expertise to our role as regulator Maintaining open communication with all stakeholders Establishing and implementing rigorous methods to assess Postal Service adherence to compliance reviews that focus on objectives and factors of customer service and financial standards Creating a consistent and proactive reporting mechanism Operating by our guiding principles Achieving our strategic goals Over the next five years, the Commission will establish and refine rules, regulations, and procedures to fully meet the intent and spirit of the PAEA. The early years of work will be dedicated to development of the rules, regulations, and procedures to comply with the PAEA and to plan and perform appropriate studies for the U.S. Congress. As these regulations and procedures are employed, they will be assessed and refined in partnership with stakeholders, moving toward a more effective mail system coupled with effective oversight. The Commission will communicate to the U.S. Congress, and other stakeholders, concerning Commission operations through a series of annual and periodic reports, which includes: Annual Report to the President and the Congress Annual Compliance Report Report to President and the Congress on universal postal service and the postal monopoly in the United States Report on rates (costs) for periodicals; jointly with the Postal Service Five year review to determine if the institutional cost contribution requirements specified in the rule applicable to competitive products should be retained in its current form, modified, or eliminated (section 3633(a)(3)) Ten year review of the system for regulating rates and classes for market-dominant products to determine whether the system is achieving objectives of the PAEA. _d77764fa-c314-4a68-ab49-492464644041Ensure transparency and accountability in the United States Postal Service and foster a vital and efficient universal mail system._f3cb38a8-e203-467c-a4c3-0d735adac05fOpennessStakeholder (public) participationCollegiality and multi-disciplinary approaches Timely and rigorous analysisFairness and impartialityIntegrityCommitment to excellenceMerit Modern Rate and Product RegulationEstablish and maintain a predictable, transparent, and effective system of rate and product regulation._8da9c4d0-1f05-4040-8fb0-b85699746f621Service Performance EvaluationEnsure appropriate and transparent United States Postal Service performance standards and measurements to promote an efficient, effective and responsive mail service._afa73c88-8995-4f02-a025-7bb33354b7132Financial Accountability and ComplianceEnsure transparent, accurate, and informative United States Postal Service data reporting sufficient for evaluation of financial performance._509e2a23-8ef9-4c37-b50a-42b6ebdaabbd3Complaint ProcessEnsure United States Postal Service accountability through a fair and open public complaint process that provides appropriate and timely resolution._6a1591d4-524c-4e32-b58a-2351962ac6d74Public Participation and Government RelationsEnsure the Commission is visible and readily accessible to all stakeholders._2eae8473-13c0-4926-a146-134841c07bce5Human CapitalEnhance a system that fosters recruitment, development, and retention of a talented and skilled workforce._93260adc-15ae-4b12-874a-67e52ab50ff06Program Integration and SupportUtilize latest technology, operational systems, and organizational infrastructure in achieving Commission goals._888f716b-70ba-45e6-aa17-a1fb7815bfd572010-02-08http://www.prc.gov/prc-pages/about/mission/default.aspx?AspxAutoDetectCookieSupport=1ArthurColman (www.drybridge.com)colman@drybridge.com