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Supply Management


Material Management

Effective June 13, 2005, Handbook AS-701, Material Management, is revised to reflect changes in Material Management procedures and processes while providing the guidance needed to accomplish the Material Management function responsibilities.

The June 2005 edition of Handbook AS-701 will only be available on the Postal ServiceTM PolicyNet Web site:

• Go to

• Under "Essential Links" in the left-hand column, click on References.

• Under "References" in the right-hand column, under "Policies," click on PolicyNet.

• Click on HBKs.

(The direct URL for the Postal Service PolicyNet Web site is

There will not be any copies of the revised handbook printed at this time.

— National Supply Management Programs,
Supply Management Operations, 7-7-05

Interest Rate on Contract Claims

The Postal ServiceTM periodically publishes in the Postal Bulletin the interest rate payable on a claim decided in a supplier's favor, under the Contract Disputes Act of 1978. This rate also applies for late payments to suppliers under the Prompt Payment Act, as amended.

The interest rate effective for the 6-month period beginning July 1, 2005, and ending December 31, 2005, is 4.5 percent.

— Supply Management Infrastructure,
Supply Management, 7-7-05

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