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Professional Economic Development Strategic Planning Services
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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