Economic Development Consulting Services

The Vendor is required to provide full time extension of staff to the office of the business administrator and the department to develop and implement a strategic economic development program to responsibly streamline the coordination of capital investments to the city.
- This analysis shall profile the city’s economy in the context of nearby and/or regional economies in order to identify unique opportunities for economic growth and diversification within the city.
- This could include key partnerships (government, private and non‐profit) that will improve the success of the plan along with recommendations as to the appropriate level of involvement from each party to support the effort to attract sustainable private investment.
- Potential marketing targets for economic development opportunities to be evaluated include, but are not limited to:
•    Agri-business
•    Cannabis
•    Cargo Handling
•    Clean Tech and Sustainable Industries
•    Climate research
•    Commercial and Recreational Fishing Industry
•    Cruise Port
•    Ecotourism
•    Fisheries Research
•    Food and Beverage Establishments
•    Health Care
•    Higher Education Resort/Second Home Market
•    Innovation Districts
•    International Tourism
•    Marine research
•    Offshore Wind
•    Online Gaming and Sports Betting
•    Operation and maintenance of wind turbines
•    Retail Establishments
•    Technology
•    Water Based Recreation
•    Waterfront Development
•    Workforce Development
- A well-conceived Action Plan will increase and diversify year-round employment, creating further opportunity for collateral benefits, including investment and relocation.

- Contract Period/Term: 1 year
- Questions/Inquires Deadline: August 12, 2025