The correlator of the ALMA baseline project (in the following referred to as ``Baseline Correlator'' or simply ``ALMA Correlator'') underwent its Preliminary Design Review on January 20, 2000. The review panel was impressed with the progress on the NRAO design and the thoroughness with which it has been carried out; the design meets the scientific specifications spelled out in the MMA White Paper ``Astronomical Requirements for the Millimeter Array Correlator'' by Rupen, Shepherd and Wright (1998).