The document discusses the process undertaken by a consortium of electric cooperatives on Panay island to jointly procure power through a request for proposals (RFP) process. It explains that the cooperatives formed a consortium to share costs, assessed their aggregated load requirements, and portfolio needs. For the RFP, the consortium identified a need for approximately 90 MW of base and intermediate load and issued a long-term contract for supply starting in 2011. The document outlines the RFP process and evaluation criteria used to sort bids and select a supplier.