Oregon launched the three-year Contracted Slots Pilot program in 2012 with the threefold goal of increasing stability of low-income children in high quality programs, supporting employment stability of their parents, and increasing the financial stability of high quality early learning providers. Directors of participating early learning programs were surveyed at the beginning and end of the Pilot’s first year. The goal was to document their perceptions of the benefits and disadvantages for children and families as well as programs before launch and after a year of experience. This report captures perceptions at the end of year 1. Providers shared their thoughts on both the challenges as well as the impact of participation on enrollment and financial stability. The report also captures changes in perceptions over the two points in time.