UNSPSC 81121500: Economic analysis

UNSPSC 81121500 Economic analysis is a Class code encompassing consulting services that state and local governments procure to evaluate financial performance, workforce development needs, community economic conditions, and strategic planning across multiple sectors. Recent solicitations show state and local agencies buying economic impact assessments, feasibility studies, strategic economic development planning, cost allocation analysis, depreciation studies, and sector analysis work — services that inform policy, capital investment, rate-setting, and resource allocation decisions.

Issuing bodies span cities, counties, state departments, regional authorities, and special-purpose districts across the country. The City of St. Cloud and City of Benson (Florida), Whitfield County (Georgia), Orange County Transportation Authority and Kissimmee Utility Authority (Florida), San Mateo County (California), Boulder County (Colorado), City of Woodstock (Georgia), Sacramento County (California), Texas A&M University System, and the Illinois Department of Natural Resources posted representative opportunities in the past two months. Geographic activity clusters in Florida, Georgia, and California, with significant activity also in Colorado, North Carolina, Illinois, Arizona, and Washington. The City of St. Cloud in Florida posted two separate economic-development consulting solicitations (RFQ 2025-209 for Economic Development Consulting Services due February 5, 2026, and RFQ 2026-039 for a Watershed Master Plan due June 4, 2026), indicating repeat demand for this category at municipal scale. Whitfield County (Georgia) issued an RFQ for a Job Classification and Pay Study due November 20, 2026 under an RFQ format. San Mateo County (California) posted RFP 2027-RFP-00003 for an Economic Development Strategic Plan due August 24, 2026. The City of Woodstock (Georgia) solicited proposals for a comprehensive Economic Development Plan update under RFP 2027-02 due September 29, 2026. Engagement structures range from short-term studies (three to nine months) to multi-year strategic advisory relationships, with contract values ranging from approximately $28,000 to $250,000 where disclosed, and some fixed-fee or not-to-exceed structures. The code sees active demand from municipalities and counties pursuing baseline economic analysis, strategic planning, regulatory compliance studies (depreciation, cost allocation), and workforce and community development support.