Background/Overview

The Quarterly Business Review (QBR) is an ongoing forum consisting of quarterly meetings/workshops that focus on BPA’s finances with a review of current fiscal year actual financial results compared to financial forecasts such as start-of-year targets. BPA will also report on how actual spending compares to rate case assumptions.

Standard financial reports will be provided for this discussion, and will be available to participants prior to the meetings. To the extent practicable, this forum will also be used to make customers aware of emerging circumstances that could affect rates. QBR participants will be encouraged to participate in other relevant processes on emerging issues as they develop and in which BPA is taking comment. However, if there is no other public form in process, then BPA will engage with QBR participants for follow-up discussion, if any is warranted. These discussions also will be used to focus on long-term cost trends and implications for both expense and capital programs.

What to Expect in 2008
• QBR Meetings will take place in Portland via phone, video or online conferencing available to regional participants.
• QBR Meetings will start in November 2008, after the first IPR process.
• Meeting material and financial reports will be available on the BPA website for those who cannot attend the meetings.