2013.07.09 EDA Packet - Laserfiche WebLink

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E. Economic Development • The Springsted team has studied the RFP dated May 2, 2013. We have carefully reviewed the background and purpose of the consulting engagement. We understand the County desires to retain the services of an economic development consultant/firm to assist with specific economic development tasks as outlined in the Scope of Work(page 4). The outcome of the work is to develop a unified economic development strategy for the County including • Understanding the county's economic advantages • Identifying marketing strategies • Identifying target business sectors • Determining the county's appropriate role in economic development The consulting team will be responsible for meeting and exceeding all requirements within the RFP. Our number one objective is to maintain open communication and we will create strong partnerships with county officials,city participants and all stakeholders. To that end,we propose to have regular meetings and/or communications to update designated officials on the status of the project. These meetings will be targeted early in the process and scheduled throughout the timeline at important study intervals. The Springsted team will bring an unsurpassed commitment to quality; in fact one of our distinctive qualities is the commitment we have to ensure the success of the process. To that end,our experience and project approach takes into consideration two key variables: process credibility and outcome credibility. Process credibility is the realization to all involved, in particular the elected officials and staff,that the methodology used is credible,reasonable and fair to all concerned. In addition,the information and communication must be transparent, honest and timely. Outcome credibility is the realization that the information and data used to develop the findings and recommendations is comprehensive,complete and applied consistently and appropriately without bias or preference to any particular person,persons or individual agenda. If these two objectives are realized,the recommendations,outcomes and future implementation plans are on a strong foundation. This distinction is unique in our business and is a contributing factor to the benefits and strengths of the Springsted team. 1. Areas of Expertise and General Services Provided By Springsted As outlined in the accompanying sections of the proposal, Springsted has the area of expertise and background in all of the services necessary to provide a comprehensive and thorough assessment and process. We have the following skill sets that are needed to support all aspects of the work: • Economic Development Experience • Policy and Procedures Development • EDA Board Facilitation • Transactional Due Diligence • Feasibility Analysis • Economic and Fiscal Impact Analysis • Project Management `< Springsted Washington County,Minnesota. Proposal to Prepare an Economic Development Assessment for Washington County,Minnesota