on Apr 9th, 2014 in | 4 comments

The Postal Service has a national contract with EMCOR Group, Inc. for facility repairs and alterations costing less than $25,000. Under the contract terms, EMCOR uses its project management tool, the Facilities Knowledge Center (FKC), to manage and complete repairs. Project managers at Postal Service facilities contact the FKC to obtain a broad range of services, including electrical, plumbing and heating, ventilation and air conditioning, fire and life safety, and security system repairs and alterations. Project managers can also select contractors outside of the EMCOR contract to perform repairs and alterations at their facilities.

on Apr 9th, 2014 in | 1 comment

Certain Postal Service liabilities have fluctuated significantly in dollar amounts in recent years, though not entirely from Postal Service operations. Specifically:

* Long-term workers' compensation liability has risen steadily and sharply from $9.1 billion as of September 30, 2009, to $16.2 billion as of September 30, 2012, declining to $15.9 billion as of September 30, 2013.

* Deferred revenue-prepaid postage rose from $2.4 billion as of September 30, 2009, to $4.0 billion as of September 30, 2012, then fell to $3.0 billion as of September 30, 2013.

on Mar 12th, 2014 in | 14 comments

The Postal Service business and results of operations are significantly affected by competition and substitute products provided by electronic communication. Pending legislation would require a comprehensive innovation strategy for improving the financial position of the Postal Service through innovation, including new postal and non-postal services. Also under consideration in Congress is a mandate that stipulates customer discounts for presorting and handling will not exceed cost savings to the Postal Service from avoiding such activities.