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have not been flawless But, our most recent billing credit acquisition meets the best 

 industry benchmarks in timeliness and efficiency. As in conservation, Bonneville is well 

 positioned to participate in the competitive generating acquisition environment 



Conclusion 



Mr. Chairman, I appreciate the opportunity to discuss Bonneville's resource acquisitions. 

 We are proud of our exciting work in developing programs and processes, and in being 

 considered a national leader in pioneering these efforts. We are facing short-term financial 

 difficulties, and are working closely with our customers towards resolution Be assured, 

 however, that we will not sacrifice our long-term commitment to conservation and 

 renewable energy We are also in the midst of major agency evaluation of how we do 

 business in a changing competitive marketplace. We are grateful for the support of the 

 Task Force and the region as we undergo this difficult realignment process towards an 

 even more efficient and responsible government agency. 



In our invitation to testify, the Task Force requested that we respond in more detail to 

 some specific points You will find our responses attached to this testimony. 



This concludes my statement. I would be pleased to address your questions. 



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