This report presents the 1974 Distinguished Achievement Awards entry from the Oregon College of Education: The Competency Based Teacher Education Program (CBTE). The program focuses on the design, development, implementation, and evaluation of six interrelated specifications of the Comfield Model Teacher Education Project. The six specifications are described as competency based, personalized, field centered, consortium operated, systems designed and developed, and research oriented. Special emphasis is placed on a) competency demonstration and assessment problems, b) program effectiveness and cost assessment, c) data collection and management systems; and d) programmatic research. A framework of research on teacher education has been identified, and research problems have been initiated. The appendixes include a description of the Comfield Project; CBTE standards, tasks, and evaluation procedures; a guide to competency demonstration and assessment; and an interpretive paper on defining and assessing teacher competencies. (Author/BRB)