In a formal vote on Monday, March 26, 2007, the CCEF selected the sites under Connecticut’s Project 100 Program. Established under state law, Project 100 provides contracts with terms of 10 to 20 years for power projects – providing a predictable revenue stream for project developers and financiers. Project 100 proposals were submitted to the CCEF pursuant to a competitive bidding process and selections were made based on the technical attributes and cost of the various proposals.