DOL · DOL-42 · record R1308
PPI Price Tolerance Prediction
Department of Labor · BLS
Overview
- Development stage
- DeployedSource: c) Deployed – The use case is being actively authorized or utilized to support the functions or mission of an agency.
- High-impact designation
- Not high-impactSource: c) Not high-impact
- Impact justification
- Does not meet definition in Section 5 of the appendix to OMB Memorandum M-25-21.
- Start date
- 2025-10-01 (day precision)Source: 10/01/2025 00:00:00
- Withheld from public reporting
- NoSource: a) No
Mission
- Topic area
- Other: Applied Mathematical SciencesSource: Other - Applied Mathematical Sciences
- Operational functions
- No function tag matched Derived by keyword rules; see methodology
Problem the AI is intended to solve
Recommends price tolerance boundaries for industries based on historical and seasonal trends.
Expected benefits
Improve statistical quality of price outlier detection.
System outputs
Predicted price tolerance boundaries.
Technology
- AI classification
- Classical / predictive MLSource: Classical/Predictive Machine Learning: Models trained on data to make predictions or classifications based on identified patterns or relatio…
- System name(s)
- BLS Internal System
- Custom-developed code
- Yes
- Public source code
- Not reported
Sourcing
- How it was built
- Developed in-houseSource: b) Developed in-house
- Vendor (as reported)
- Not reported
- Vendors (standardized)
- None on the standard list
A vendor is the supplier named by the agency. It does not identify the underlying model or AI technology.
Data and privacy
- Involves PII
- No
- Privacy Impact Assessment
- Not reported
- Authorization to Operate
- Yes
- Demographic features
- k) None of the above
- Training and evaluation data
- Agency Generated
- Federal Data Catalog
- Not reported
Governance
0 of 8 minimum-practice questions answered. A blank answer means the agency reported nothing; it does not mean the practice is absent.
Pre-deployment testingNo answer reported
AI impact assessmentNo answer reported
Independent reviewNo answer reported
Ongoing monitoringNo answer reported
Operator trainingNo answer reported
Fail-safeNo answer reported
Appeal processNo answer reported
User and public consultationNo answer reported
Potential impacts and how they were identified
Not reported