Economic Development Strategic Plan Services

Overview

Management Consulting & Admin Support

Fort Worth, Texas, United StatesPosted 29 days agoDeadline: May 7th, 2026

Fit Score

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SUMMARY

Texas seeks a consultant to create a strategic economic development plan, including current assessments, a vision, actionable implementation plans, and success metrics.

KEY REQUIREMENTS

Must have a minimum of 5 years of experience in developing and administering programs that are same or similar to the scope of services
Must be a certified Small Business or utilize certified Small Business subcontractors to meet the 30% participation goal
Must submit a complete proposal by the stated deadline
Must provide a detailed technical proposal including approach, analyses, and project schedule
Must provide references and summaries of similar projects completed for clients in similar geographies or of similar population
Must provide a statement identifying the proposed project team, including primary project manager and resumes
Must provide a cost breakdown for all phases
Must provide all signed addendum(s) acknowledging receipt

BUDGET

Verified

$300,000

CONTRACT DURATION

12 months

TIMELINE

The project is anticipated to be completed within an estimated timeframe of 8 to 12 months.

Issuing Agency

City Of Fort Worth

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The selected vendor will provide services to develop an economic development strategic plan for the city in Texas. The plan will require a comprehensive assessment of the current economic environment, including market conditions and the competitive landscape. It must articulate a clear strategic vision and set goals for various economic development functions and programs, as well as offer policy recommendations related to the city's organization, economic development initiatives, and incentives.

The process will include the preparation of short-term (1–2 years), mid-term (3–5 years), and long-term (5+ years) implementation and action plans, each with relevant metrics. All plan components must leverage quantitative data from reputable sources, consultant-facilitated analytical studies, and qualitative information derived from community engagement efforts, market and case studies, and discussions with key stakeholders.

Additionally, the vendor will develop a sustainable revitalization program framework that aligns with community needs and encourages suitable redevelopment and investment. A formal strategy to measure the success of economic development efforts, including metrics and tools, is also required.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.