The state of Texas is seeking a qualified vendor to develop an Economic Development Strategic Plan. The scope of services includes conducting a comprehensive assessment of the current economic landscape, taking into account strengths, weaknesses, opportunities, and threats. The analysis will address critical aspects such as business climate, housing needs, and additional factors that directly impact economic development.

The selected vendor will analyze key economic indicators, demographic and industry trends, and consider both regional and national influences. To inform the strategic approach, the vendor should reference examples of comparable cities across the United States, highlighting best practices and successful strategies.

Based on the findings, the vendor will be required to develop an actionable economic implementation plan. This plan should include specific initiatives, assign responsible parties, establish timelines, and define performance indicators to measure progress and success.