In a recent Multi Channel Merchant article, I saw that the U.S. Postal Service is having a“Summer Sale” for Standard Mailers. The plans are tentative, since the Board of Governors and Postal Regulatory Commission must approve them. Here's the gist:
• The sale will run from July 1, 2009 through Sept. 30, 2009.
• Mailers who mailed more than1 million Standard letters and/or flats from Oct. 1, 2007 through March 31, 2008 are eligible to participate in the sale. (About 3,250 mailers account for 75% of Standard Mail volume)
• Mailers will receive a rebate of 30% on any mail volume in that period which is over the past threshold. • Mailers’ rebates will be adjusted if their October 2009 volume is less than their October 2008 mail volume.
Here’s how the USPS will determine the rebates: Oct. 1, 2008 through March 31, 2009 volume divided by Oct. 1, 2007 through March 31, 2008 volume = trend.
Trend x July 1, 2008 through Sept. 30, 2008 volume = threshold.
July 1, 2009 through Sept. 30, 2009 postage divided by July 1, 2009 through Sept. 30, 2009 volume = average postage. July 1, 2009 through Sept. 30, 2009 volume - threshold x average postage x 0.30 = unadjusted rebate.
October 2008 volume x trend minus October 2009 volume = October adjustment.
Unadjusted rebate - October adjustment x 0.30 = final rebate.
Mailers will pay full postage during the summer. After Oct. 31, 2009, the USPS will determine the rebate each mailer is due. Rebates will be credited to the mailer’s permit account before Dec. 31, 2009.
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