Postal Commission Denies USPS Exigent Rate Increase Request
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The Exigent rate provision is a carefully crafted exception to the Price Cap. Congress made the terms for the exception very narrow. To be valid, an exigent rate adjustment must be shown to be:
1. Due to either extraordinary or exceptional circumstances;
2. Reasonable, equitable, and necessary under best practices of honest, efficient, and economical management; and,
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