The Postal Regulatory Commission is proposing a new rule following a request from the Postal Service to update the analytical principles used in their reports. The main change involves using newer data from the Fiscal Year 2019 to better reflect rental costs for their facilities, which would replace older methods that relied heavily on estimates. This change is expected to provide a more accurate representation of market value and potentially reduce costs for different postal products. The public can submit comments on this proposal by February 27, 2025.
Simple Explanation
The Postal people want to update how they figure out costs for the places they use by looking at newer and more accurate numbers, like from 2019. They believe this will give a better idea of true costs, and they're asking people to share what they think about this idea by the end of February.