BPA held a public process, the Integrated Program Review, from May through Aug. 2008. The purpose of that process was to: Present all BPA’s costs, Power, Transmission and Agency Services, both expense and capital, in one forum, consistent with the structure developed coming out of the Regional Dialogue. The process also allowed customers, other stakeholders and interested parties an opportunity to review, ask questions about, and comment on any changes since the Close-Out Report from Nov. 2008 to BPA’s proposed spending levels for FY 2010-2011 and proposed capital investment levels for FY 2009-2013.
BPA is holding a second round of this process, called the IPR 2. It is intended to provide participants with: BPA’s current forecasts of costs for the FY 2010-2011 period; reasons for any changes from the forecasts in the 2008 IPR process and provide an opportunity to comment on these forecasts and to suggest changes. Given the current circumstances, BPA is expanding the scope of IPR-2 to include discussion of risk mitigation and liquidity tools in addition to program level costs.
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