Federal Register / Vol. 89, No. 199 / Tuesday, October 15, 2024 / Notices 83057 

1United States Postal Service Notice Concerning 

Service Standards Measurement for USPS Connect 

Local and Request for Use of Internal Measurement 

System, October 4, 2024, at 1 (Notice). 

2 Docket No. PI2024–1, Order Approving 

Modifications to Service Performance Measurement 

Plan for Market Dominant Products and Related 

Measurement Changes, May 7, 2024 (Order No. 

7084). See Docket No. PI2024–1, Library Reference 

USPS–LR–PI2024–1–1, March 18, 2024, PDF file 

‘‘iSPM_RevPlan_BLACK–LINE—03–18–2024.pdf.’’ 

3Library Reference USPS–LR–PI2025–1–1, 

October 4, 2024, PDF files ‘‘iSPM RevPlan 

ConnectLocal_Redline.pdf’’ and ‘‘iSPM RevPlan 

ConnectLocal_Blackline.pdf.’’ 

4 Docket No. MT2022–1, United States Postal 

Service Notice of Market Test of Experimental 

Product—USPS Connect Local Mail, November 10, 

2021. 

5 Docket No. MT2022–1, Order Authorizing 

Market Test of Experimental Product—USPS 

Connect Local Mail, January 4, 2022 (Order No. 

6080). 

6 Docket No. MC2023–12, United States Postal 

Service Request to Convert USPS Connect Local 

Mail to a Permanent Offering, October 11, 2022. 

7 Docket No. MC2023–12, Order Dismissing 

Without Prejudice the Postal Service’s Revised 

Request to Convert USPS Connect Local Mail 

Market Test to a Permanent Offering, January 20, 

2023 (Order No. 6423); Docket No. PI2023–1, Order 

Dismissing Without Prejudice Notice of Intent to 

Establish New Service Standards, Proposed 

Modifications to Service Performance Measurement 

Plan for Market Dominant Products, and Request to 

Use Internal Service Performance Measurement 

System, January 20, 2023 (Order No. 6424). The 

Commission had previously also dismissed without 

prejudice a separate request in the same docket to 

convert USPS Connect Local Mail to a permanent 

offering, for procedural reasons. See Docket No. 

MC2023–12, Order Dismissing Without Prejudice 

Postal Service’s Request to Convert USPS Connect 

Local Mail Market Test to a Permanent Offering, 

October 17, 2022 (Order No. 6301). 

8See Docket No. MC2025–19, United States 

Postal Service Request to Convert USPS Connect 

Local Mail to a Permanent Offering, October 3, 

2024. 

proposing revisions to its Service 

Performance Measurement (SPM) Plan 

for Market Dominant products.1 The 

Postal Service also, pursuant to 39 

U.S.C. 3691(b)(2), requests approval to 

apply an existing internal service 

performance measurement system to 

USPS Connect Local Mail. Notice at 1. 

The most recent version of the SPM 

Plan that is the subject of this 

proceeding was approved for 

implementation on May 7, 2024, in 

Docket No. PI2024–1.2 Accompanying 

the Notice is a library reference, which 

contains a copy of the Postal Service’s 

SPM Plan, revised October 4, 2024 (both 

redline and clean versions).3

On November 10, 2021, the Postal 

Service announced its intention to 

conduct a market test of an 

experimental product denominated as 

USPS Connect Local Mail.4 USPS 

Connect Local Mail is a same day/ 

overnight delivery product intended for 

local delivery, enabling customers to 

deposit USPS Connect Local Mail items 

at participating Destination Delivery 

Units (DDUs) or present them to mail 

carriers along their lines of travel to 

participating DDUs. Notice at 3. The 

Commission authorized the proposed 

market test on January 4, 2022.5 On 

October 11, 2022, the Postal Service 

requested that USPS Connect Local Mail 

be converted to a permanent offering.6

On January 20, 2023, the Commission 

dismissed the Postal Service’s request 

without prejudice, finding that the 

Postal Service’s request was premature 

and that significant issues had been 

raised by commenters with respect to 

whether USPS Connect Local Mail as 

proposed would violate 39 U.S.C. 

404a—issues which the Commission 

found had not been adequately 

addressed on the record before it at that 

time.7 The Commission stated that the 

Postal Service was free to ‘‘refile its 

request once it has resolved the issues 

related to section 404a.’’ Order No. 6423 

at 15. The Postal Service has now done 

so, refiling its request in a companion 

docket to the instant one.8

In this docket, the Postal Service 

states that ‘‘[a]ssuming [its current 

request to convert USPS Connect Local 

Mail into a permanent offering] [is] 

adopted in accordance with the 

expected date of implementation of 

January 1, 2025, the Postal Service plans 

to add USPS Connect Local Mail as a 

price category within First-Class Mail 

Flats.’’ Notice at 4. To that end, the 

Postal Service, pursuant to 39 CFR 

3055.5, proposes revisions to the SPM 

Plan. See id. at 5. Specifically, the Postal 

Service proposes to modify the existing 

SPM Plan to add USPS Connect Local 

Mail, describe the approach that will be 

followed to measure its service 

performance, and identify when such 

performance measurements will be 

reported. Id. 

The Postal Service also, pursuant to 

39 U.S.C. 3691(b)(2), requests approval 

to apply internal service performance 

measurement to USPS Connect Local 

Mail. Id. at 5–6. Specifically, the Postal 

Service proposes using its existing 

internal Intelligent Mail package 

barcode (IMpb) system, which employs 

automated equipment to sort and track 

mailpieces. Id. at 6. The Postal Service 

proposes using IMpb tracking barcodes 

at acceptance and delivery to measure 

service performance for USPS Connect 

Local Mail. Id. 

With respect to the service standard to 

be applied to USPS Connect Local Mail, 

the Postal Service states that: 

On November 30, 2022, 39 [CFR] 121.1 was 

revised to establish a same-day service 

standard for USPS Connect Local Mail items 

accepted . . . at a participating DDU by the 

Critical Entry Time (CET) and to establish a 

next-day service standard for USPS Connect 

Local Mail for items picked-up by a carrier 

or accepted at a participating DDU after that 

day’s CET. 

Notice at 4. The Postal Service explains 

that this would remain the applicable 

service standard for USPS Connect 

Local Mail should it be converted to a 

permanent offering. Id. 

Interested persons are invited to 

comment on the Postal Service’s 

proposed revisions to its SPM Plan and 

request to use internal service 

performance measurement for USPS 

Connect Local Mail. Comments are due 

November 19, 2024. The Commission 

does not anticipate the need for reply 

comments at this time. The Commission 

intends to evaluate the comments 

received and use those suggestions to 

help carry out its service performance 

measurement responsibilities under 

Title 39 of the United States Code. 

Material filed in this docket will be 

available for review on the 

Commission’s website, http://

www.prc.gov. The Commission appoints 

Christopher C. Mohr to represent the 

interests of the general public (Public 

Representative) in this docket. 

It is ordered: 

1. Docket No. PI2025–1 is established 

for the purpose of considering the Postal 

Service’s proposed revisions to its 

Service Performance Measurement Plan 

for Market Dominant products and 

request to use internal service 

performance measurement for USPS 

Connect Local Mail. 

2. Interested persons may submit 

written comments on any or all aspects 

of the Postal Service’s proposals no later 

than November 19, 2024. 

3. Christopher C. Mohr is designated 

to represent the interests of the general 

public in this docket. 

4. The Secretary shall arrange for 

publication of this Notice in the Federal 

Register. 

By the Commission. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2024–23711 Filed 10–11–24; 8:45 am] 

BILLING CODE 7710–FW–P 

POSTAL REGULATORY COMMISSION 

[Docket Nos. MC2025–36 and K2025–35; 

MC2025–37 and K2025–36; MC2025–38 and 

K2025–37] 

New Postal Products 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice. 

SUMMARY: The Commission is noticing a 

recent Postal Service filing for the 


khammond on DSKJM1Z7X2PROD with NOTICES
83058 Federal Register / Vol. 89, No. 199 / Tuesday, October 15, 2024 / Notices 

1See Docket No. RM2018–3, Order Adopting 

Final Rules Relating to Non-Public Information, 

June 27, 2018, Attachment A at 19–22 (Order No. 

4679). 

Commission’s consideration concerning 

a negotiated service agreement. This 

notice informs the public of the filing, 

invites public comment, and takes other 

administrative steps. 

DATES: Comments are due: October 16, 

2024. 

ADDRESSES: Submit comments 

electronically via the Commission’s 

Filing Online system at http://

www.prc.gov. Those who cannot submit 

comments electronically should contact 

the person identified in the FOR FURTHER

INFORMATION CONTACT section by 

telephone for advice on filing 

alternatives. 

FOR FURTHER INFORMATION CONTACT: 

David A. Trissell, General Counsel, at 

202–789–6820. 

SUPPLEMENTARY INFORMATION: 

Table of Contents 

I. Introduction 

II. Public Proceeding(s) 

III. Summary Proceeding(s) 

I. Introduction 

Pursuant to 39 CFR 3041.405, the 

Commission gives notice that the Postal 

Service filed request(s) for the 

Commission to consider matters related 

to Competitive negotiated service 

agreement(s). The request(s) may 

propose the addition of a negotiated 

service agreement from the Competitive 

product list or the modification of an 

existing product currently appearing on 

the Competitive product list. 

The public portions of the Postal 

Service’s request(s) can be accessed via 

the Commission’s website (http://

www.prc.gov). Non-public portions of 

the Postal Service’s request(s), if any, 

can be accessed through compliance 

with the requirements of 39 CFR 

3011.301.1

Section II identifies the docket 

number(s) associated with each Postal 

Service request, if any, that will be 

reviewed in a public proceeding as 

defined by 39 CFR 3010.101(p), the title 

of each such request, the request’s 

acceptance date, and the authority cited 

by the Postal Service for each request. 

For each such request, the Commission 

appoints an officer of the Commission to 

represent the interests of the general 

public in the proceeding, pursuant to 39 

U.S.C. 505 and 39 CFR 3000.114 (Public 

Representative). Section II also 

establishes comment deadline(s) 

pertaining to each such request. 

The Commission invites comments on 

whether the Postal Service’s request(s) 

identified in Section II, if any, are 

consistent with the policies of title 39. 

Applicable statutory and regulatory 

requirements include 39 U.S.C. 3632, 39 

U.S.C. 3633, 39 U.S.C. 3642, 39 CFR 

part 3035, and 39 CFR part 3041. 

Comment deadline(s) for each such 

request, if any, appear in Section II. 

Section III identifies the docket 

number(s) associated with each Postal 

Service request, if any, to add a 

standardized distinct product to the 

Competitive product list or to amend a 

standardized distinct product, the title 

of each such request, the request’s 

acceptance date, and the authority cited 

by the Postal Service for each request. 

Standardized distinct products are 

negotiated service agreements that are 

variations of one or more Competitive 

products, and for which financial 

models, minimum rates, and 

classification criteria have undergone 

advance Commission review. See 39 

CFR 3041.110(n); 39 CFR 3041.205(a). 

Such requests are reviewed in summary 

proceedings pursuant to 39 CFR 

3041.325(c)(2) and 39 CFR 

3041.505(f)(1). Pursuant to 39 CFR 

3041.405(c)–(d), the Commission does 

not appoint a Public Representative or 

request public comment in proceedings 

to review such requests. 

II. Public Proceeding(s) 

1. Docket No(s).: MC2025–36 and 

K2025–35; Filing Title: USPS Request to 

add Priority Mail Express, Priority Mail 

& USPS Ground Advantage Contract 444 

to the Competitive Product List and 

Notice of Filing Materials Under Seal; 

Filing Acceptance Date: October 7, 

2024; Filing Authority: 39 U.S.C. 3642, 

39 CFR 3035.105, and 39 CFR 3041.310; 

Public Representative: Anaswar 

Jayakumar; Comments Due: October 16, 

2024. 

2. Docket No(s).: MC2025–37 and 

K2025–36; Filing Title: USPS Request to 

Add Priority Mail Express, Priority Mail 

& USPS Ground Advantage Contract 445 

to the Competitive Product List and 

Notice of Filing Materials Under Seal; 

Filing Acceptance Date: October 7, 

2024; Filing Authority: 39 U.S.C. 3642, 

39 CFR 3035.105, and 39 CFR 3041.310; 

Public Representative: Christopher C. 

Mohr; Comments Due: October 16, 2024. 

3. Docket No(s).: MC2025–38 and 

K2025–37; Filing Title: USPS Request to 

Add Priority Mail & USPS Ground 

Advantage Contract 379 to the 

Competitive Product List and Notice of 

Filing Materials Under Seal; Filing 

Acceptance Date: October 7, 2024; 

Filing Authority: 39 U.S.C. 3642, 39 CFR 

3035.105, and 39 CFR 3041.310; Public 

Representative: Elsie Lee-Robbins; 

Comments Due: October 16, 2024. 

III. Summary Proceeding(s) 

None. See Section II for public 

proceedings. 

This Notice will be published in the 

Federal Register. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2024–23715 Filed 10–11–24; 8:45 am] 

BILLING CODE 7710–FW–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

35351; 812–15580] 

Institutional Investment Strategy Fund 

and Buena Capital Advisors, LLC 

October 8, 2024. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’ or ‘‘SEC’’). 

ACTION: Notice. 

Notice of an application under section 

6(c) of the Investment Company Act of 

1940 (the ‘‘Act’’) for an exemption from 

sections 18(a)(2), 18(c) and 18(i) of the 

Act, under sections 6(c) and 23(c) of the 

Act for an exemption from rule 23c–3 

under the Act, and for an order pursuant 

to section 17(d) of the Act and rule 17d– 

1 under the Act. 

SUMMARY OF APPLICATION: Applicants 

request an order to permit certain 

registered closed-end investment 

companies to issue multiple classes of 

shares and to impose asset-based 

distribution and/or service fees and 

early withdrawal charges. 

APPLICANTS: Institutional Investment 

Strategy Fund and Buena Capital 

Advisors, LLC. 

FILING DATES: The application was filed 

on May 29, 2024, and amended on 

August 28, 2024. 

HEARING OR NOTIFICATION OF HEARING: An 

order granting the requested relief will 

be issued unless the Commission orders 

a hearing. Interested persons may 

request a hearing on any application by 

emailing the SEC’s Secretary at 

Secretarys-Office@sec.gov and serving 

the Applicants with a copy of the 

request by email, if an email address is 

listed for the relevant Applicant below, 

or personally or by mail, if a physical 

address is listed for the relevant 

Applicant below. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on November 4, 2024, and 

should be accompanied by proof of 

service on the Applicants, in the form 

of an affidavit, or, for lawyers, a 

certificate of service. Pursuant to rule 0– 

5 under the Act, hearing requests should 

state the nature of the writer’s interest, 


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