UNSPSC 81121503: Econometrics

UNSPSC 81121503 Econometrics is a Commodity code that spans work in economics and financial analysis consulting—specifically, advisory services, feasibility and impact studies, strategic financial planning, and specialized economic assessments that state and local governments buy to inform policy, capital planning, and fiscal decision-making. Recent solicitations show governments procuring investment consulting for employee benefit trusts, impact fee nexus studies, rate and fee structure analysis, financial feasibility assessments, revenue enhancement audits, and municipal financial planning support, often embedded in broader capital projects or utility system optimization.

Issuing bodies include city finance and planning departments (Sarasota, Apopka, McDonough, College Park, Santa Cruz), county governments and utilities (Galveston, Orange County, Collier County, Palm Beach, Pinellas), special districts and transit authorities (Harris County, Ontario International Airport Authority), state agencies and pension systems (Texas Comptroller, Teacher Retirement System of Texas, Oregon, California), regional development authorities (Invest Atlanta), and municipal authorities (Louisville Metro, Norfolk Redevelopment and Housing Authority). State and local procurement here is concentrated among mid-sized and larger jurisdictions with significant capital programs, utility operations, or fiscal planning mandates. Recent representative opportunities include the City of Sarasota's RFP for investment consulting services for its OPEB Trust Fund ($60 million in assets, due August 19, 2026), Galveston County's RFQ for independent audit services (fiscal year ending September 30, 2025, with four renewal options, due August 6, 2026), and the City of Santa Cruz's RFP for a development impact fee and nexus study for the Downtown Plan Expansion (due April 23, 2026). Geographic spread is national, with recent activity in Florida, Texas, Georgia, California, Oregon, Virginia, and across the Midwest and South; no single region dominates, though Texas and Florida show particularly dense recent solicitation activity.