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EXTRA-7823 - USA (Austin, Texas) - Economic Impact Study Consultant Services - Deadline May 1,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: EXTRA-7823

Government Authority located in Austin, Texas; USA based organization looking for expert vendor for economic impact study consultant services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide economic impact study consultant services to the government authority located in Austin, TX.
1. Total Economic Impact
- Using annual pension payment data provided by agency, the vendor will calculate the total economic impact of agency pension payments for Texas. The total economic impact will equal the sum of the direct, indirect, and induced effects of agency’ pension payments on the Texas economy. The total economic impact and its subcomponents are defined below:
a) Total Economic Impact - The sum of the direct, indirect, and induced effects of agency’ pension payments.
b) Direct Effects - The result of agency’ initial payment of annual pension benefits.
c) Indirect Effects - The results of business-to-business transactions indirectly caused by the direct effects.
d) Induced Effects - The results of increased personal income caused by the Direct and Indirect Effects.
2. Economic Impact Detailed Analysis
a) Activity - The vendor will use the total economic impact analysis to estimate the impact on economic activities in various Texas industries and geographic areas. For this analysis, economic activities include:
• Total Expenditures - The total dollars exchanged resulting from a transaction.
• Gross Product - The value of all final goods and services produced in a given area for a specific time-period.
• Personal Income - The income received by individuals.
• Retail Sales - The component of total expenditures which occurs in retail stores.
• Permanent Jobs - The number of full-time equivalent jobs generated.
(2) All questions must be submitted no later than April 15, 2020.
(3) A non-mandatory pre-proposal conference will be held on April 9, 2020.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Friday, 1 May, 2020

Pre-proposal Conference Date : Thursday, 9 April, 2020

Question Answer Deadline : Wednesday, 15 April, 2020

Category : Professional, Consulting, Administrative or Management Support Services

Country : USA

State : Texas

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