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Professional Economic Development Strategic Planning Services

8/15/2024
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Covington, Kentucky

City of Covington

Buyer seeks proposals for professional economic development strategic planning services. The project involves developing a city-wide economic development strategy that builds upon a 2019 plan. Buyer requires extensive stakeholder engagement, data analysis, and strategy development. The plan should address post-COVID realities and provide actionable recommendations for business attraction, retention, and expansion. Buyer emphasizes the need for strategies tailored to Covington's unique character and challenges.

  • 7/31/2024 - Optional Pre-Proposal Conference
  • 8/2/2024 - Deadline for RFI Submission
  • 8/7/2024 - City Publishes RFI Responses
  • 8/15/2024 - Proposal Due Date
  • At least five years experience developing public entity economic development strategic plans
  • Demonstrated experience performing stakeholder engagement
  • Comprehensive understanding of Covington's economic development challenges
  • Knowledge of local and Kentucky economic development policies and practices
  • Proven record of analyzing complex data for effective strategy development
  • Develop city-wide economic development strategy building upon 2019 plan
  • Conduct stakeholder engagement including organizational partners and business leaders
  • Analyze economic and demographic profile of Covington
  • Identify target industries, sectors, and subsectors
  • Perform workforce and training gap analyses
  • Develop strategy for aging utility infrastructure replacement
  • Create data-driven recommendations for business attraction, retention, and expansion
  • Evaluate implementation of 2019 plan and provide updated strategies
  • Address post-COVID economic realities and work-from-home trends
  • Develop strategies for key development areas like Covington Central Riverfront

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