Mr. Lawrence G. Buc

04/22/04 While a number of factors are yet unresolved, the next postal rate case could see increases of around 10%-12%, according to Larry Buc, president of SLS Consulting, a Washington, DC firm specializing in economic, operational and environmental analysis within the mailing industry.

Economist Lawrence Buc says the revenue requirement filed by the Postal Service in the current rate case is too high.
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Direct testimony of Larry Buc (with DMA and others) See also http://www.prc.gov/dockets.asp?doctype=Testimony&ID=R2006%2D1.

Larry Buc, president of SLS Consulting, Washington, which specializes in economic, operational and environmental analysis in the mailing industry, said that the model contained many assumptions, as with any model.

"All these sorts of things are some ways assumption-driven because you are never really sure," he said.

Lawrence Buc, Northwest Washington; economist, SLS Consulting Inc.; $2,000

DMA's economic counsel Larry Buc, partner at SLS Consulting

Economist Lawrence Buc says the revenue requirement filed by the Postal Service in the current rate case is too high.
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Direct testimony of Larry Buc (with DMA and others) See also http://www.prc.gov/dockets.asp?doctype=Testimony&ID=R2006%2D1.

While a number of factors are yet unresolved, the next postal rate case could see increases of around 10%-12%, according to Larry Buc.Furthermore, the government's likely failure to address postal reform this year adds both to uncertainty, and if pending fiscal issues aren't resolved to the ultimate increases.And Buc is in a position to know: He is president of SLS Consulting, a Washington, DC firm specializing in economic, operational and environmental analysis within the mailing industry.He had served as a witness in both the 1977 and 2000 postal rate cases.

05/03/2004 - Next Rate Hike Could Be a Whopper - Direct Magazine - While a number of factors are yet unresolved, the next postal rate case could bring about increases of 10% to 12%, according to consultant Larry Buc.Buc is in a position to know: He is president of SLS Consulting, a Washington firm specializing in economic, operational and environmental analysis in the mailing industry.He pointed out that the U.S. Postal Service is saddled with around $29 billion a year in retirement costs for veterans of the various armed services.This, along with the fate of overpayments into postal employee pension funds of some $3 billion a year, are issues that might have been addressed in postal reform legislation.Both factors will contribute to the next rate hike - one that Buc is fairly confident will occur early in 2006.Under current conditions, Buc sees the postal service breaking even in 2005 and losing between $2.5 billion and $4 billion in 2006.

Larry Buc, MA
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Biography: Lawrence G. Buc (Adjunct Fellow)

Lawrence G. Buc is the President of SLS Consulting, Inc. a Washington, D.C. firm specializing in economic, operational and environmental analyses, often with a focus on the mailing industry.Mr. Buc has more than 25 years of experience on projects involving policy, regulatory, legislative, economic, financial, environmental, and legal issues.His recent work has focused on privacy issues and also on the costs, rates, and revenue requirement of the United States Postal Service (USPS).Prior to founding SLS, Mr. Buc was President and CFO of a $16 million dollar a year firm that provides environmental, management, and information technology consulting services to public and private sector clients.

Mr. Buc received an AB (with honors) in mathematics and economics from Brown University and an MA in economics from the George Washington University of America.He is a member of the American Economic Association.