The document summarizes a presentation made to the Imported Water Committee about the Draft Implementing Agreement for the Bay Delta Conservation Plan (BDCP). The Implementing Agreement describes the roles, responsibilities, and commitments for implementing the BDCP, including regulatory assurances, funding, and governance. It is required for the BDCP to receive permits as a Natural Community Conservation Plan and is a typical agreement for a Habitat Conservation Plan. Key topics covered in the presentation include regulatory assurances, funding obligations of permittees versus state/federal entities, governance structure, and decision making. Areas for public comment on the draft agreement are identified as governance, funding, regulatory assurances, adaptive management and future modifications, and water operations decision trees.