{ "item_title" : "Postage Stamp Production", "item_author" : [" U. S. Government Accountability Office ( "], "item_description" : "Pursuant to a congressional request, GAO reviewed the United States Postal Service's initiative to procure postage stamps from the private sector, focusing on the: (1) private sector's production capacity; (2) comparative price of Bureau of Engraving and Printing and private-sector stamps; and (3) relationship between the Bureau of Engraving and Printing and the Postal Service. GAO found that: (1) the private sector had sufficient postage stamp production capacity to provide adequate competition; (2) the number of companies competing for postage stamp contracts has increased, and private-sector stamp production capability and capacity has expanded; (3) sufficient overlap in similar products existed between the government and private sector which made cost comparisons possible; (4) since 1987, all 21 stamp procurements have had two or more competing contractors; (5) in 1992, the Postal Service estimated that 57 billion stamps will be purchased; (6) private-sector limitations included complex printing and stamp finishing capacities; (7) the adjusted cost of procuring stamps from the private sector ranged from $.13 to $8.18 per 1,000 stamps; (8) the Bureau will continue to play a signigicant role in postage stamp production because of its work-force stability and experience; (9) the private sector and the Bureau had similar quality deficiency rates; and (10) due to a formal interagency agreement, the business relationship between the Postal Service and the Bureau has improved, and the Bureau will remain the principal provider of postage stamps.", "item_img_path" : "https://covers3.booksamillion.com/covers/bam/1/28/906/811/1289068119_b.jpg", "price_data" : { "retail_price" : "17.75", "online_price" : "17.75", "our_price" : "17.75", "club_price" : "17.75", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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