i am greg leiman, in the bureau. the item before you today is a request to authorize the general manager to negotiate the qualified bidders in accordance with the administrative code 6.23. the bureau has assisted the water and power and the teams with three solicitations over the last decade. each time all bids received were conditioned by various exceptions to the commission. and the hydroelectric power stream is a very limited number of qualified contractors and we have had extensive outreach to them prior to and during the most recent cases. in coordination with the city attorney's office, staff is recommending that we begin negotiating with a number of qualified bidders to get the best terms for ratepayers. negotiations would commence immediately and we hope to resolve the outstanding issues quickly to replace the first of these aging generators in about two years. upon conclusion of the negotiations, we will return to the commission to request approval to award the contract. i'm available for questions. >> presi