The RFP was conducted pursuant to competitive bidding guidelines established by the OPUC, using objective scoring criteria intended to identify projects that will provide the best balance of cost and risk while meeting PGE customers’ needs for reliable, affordable electric power.The RFP also sought 300 to 500 megawatts of baseload energy resources, as well as seasonal capacity resources. PGE has completed its evaluation of bids. The company will begin negotiations soon with the top bidder from the final short list of baseload projects. The bids on the final short list include power purchase agreements and PGE-ownership options. PGE intends to ask the independent evaluator to monitor the negotiations for the baseload resource. The company will also conduct negotiations to secure power purchase agreements for the seasonal capacity resources. Accion Group Inc., the independent evaluator selected by the OPUC, oversaw the RFP and review of bids to assure an objective and impartial process. On Jan. 30, 2013, the independent evaluator gave the OPUC a final assessment of the bid scoring and final short list selection, and a closing report with a detailed assessment of the process. The independent evaluator report confirmed “the RFP was conducted in a fair and unbiased manner and that the Final Short List accurately identified the Bids with the most value for PGE customers.” The report and more information about the competitive bidding process are available at PortlandGeneralRFP.accionpower.com. PGE also issued a separate RFP last year, seeking approximately 100 average megawatts of renewable power to help meet Oregon’s Renewable Energy Standard. The company is currently evaluating the bids received. Final selections are expected by June 2013, and PGE expects the resources acquired will be brought into the company’s portfolio in the 2013-2017 timeframe. About Portland General Electric Company: Portland General Electric, headquartered in Portland, Ore., is a fully integrated electric utility that serves approximately 829,000 residential, commercial and industrial customers in Oregon. Visit our website at PortlandGeneral.com .