Western water managers are optimistic that a deal to buoy the drought-stricken Colorado River can be pieced together in the waning days before a deadline set by the federal government rolls around next week.

The Bureau of Reclamation has given the seven states in the basin until the end of January to propose their own plan for voluntary reductions needed to prevent the river’s two main reservoirs from crashing, or risk the federal government moving forward with its own measures that would most likely result in mandated cuts.