Postal Contracting Financial Accountability Act

HR 5530, the Postal Contracting Financial Accountability Act, gives private contractors operating contract postal units (CPUs) a new option to keep their agreements with the U.S. Postal Service active if the Postal Service decides not to renew or terminates the contract. To use this option, the contractor must prove the termination isn't mainly due to their breach, confirm no new agreement exists, submit a notice, and agree to amend terms. Under the bill, the contract continues without requiring the Postal Service to make payments to the contractor (unless the Postmaster General decides otherwise), and it remains in effect until either the contractor stops operating the CPU, terminates the agreement, or the Postal Service terminates it for a breach. This directly affects private businesses that run retail postal facilities under existing agreements with the Postal Service.