Targeted_Industries_-_Scope_of_Work.docx
DOCX document 19 KB Posted
- Solicitation number
- RFP- 26 - 157
- Issued by
- Pinellas County, Florida
About this file
This is a Scope of Work document from the City of St. Petersburg, Florida, outlining consulting services for a comprehensive Target Industry Study. The City seeks a qualified Market Research or Strategy Consulting firm to reassess and update its Targeted Industry Clusters, which were originally identified in 2014 through the Grow Smarter Initiative. The scope of work includes six primary components: conducting an economic and market assessment analyzing trends at local, regional, and national levels; reviewing the relevance and performance of the five existing industry clusters (Financial Services, Data Analytics and Technology, Specialized Manufacturing, Marine and Life Sciences, and Creative Arts and Design); engaging stakeholders through interviews, focus groups, and surveys with employers, small businesses, educational institutions, healthcare providers, business associations, and public-sector partners; benchmarking St. Petersburg against peer cities and national best practices; developing recommendations and a strategic framework for retained, refined, and new target industry clusters with implementation guidance; and preparing a comprehensive final report with presentation to City leaders and stakeholders. The contract term and specific response or award dates are not detailed in this scope of work document.
The contract budget is $95,000. The document does not specify pricing terms, set-asides, incumbent information, funding sources beyond the budget amount, or other financial arrangements. The scope emphasizes incorporating diverse and equitable perspectives throughout the study to ensure inclusive economic development priorities aligned with the City's current economic strengths and emerging opportunities.
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Other files
| File | Type | Posted |
|---|---|---|
| Consulting_Services,_Economic_&_Target_Industry_Analysis.pdf | ||
| Agreement.pdf | ||
| Proposal_Requirements.pdf | ||
| Performance_&_Payment_Bond_.DOCX | DOCX document | |
| Public_Construction_Bond.docx | DOCX document | |
| Subcontractor_Utilization_Plan.docx | DOCX document | |
| Light_Construction_Agreement.docx | DOCX document |
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Scope of Work – Targeted Industries Intent The City of St. Petersburg, Florida (“City”) is seeking the services of a qualified Market Research or Strategy Consulting firm to reassess and update its Targeted Industry Clusters. Originally identified in 2014 through the Grow Smarter Initiative, these clusters have guided the City’s economic development strategy for over a decade. This engagement aims to ensure that St. Petersburg’s industry focus reflects current market dynamics, emerging opportunities, and the evolving strengths of the local economy.
Background In 2014, the City of St. Petersburg, in partnership with the St. Petersburg Area Chamber of Commerce, launched the Grow Smarter Initiative, a strategic economic development plan with a mission to build an inclusive, multi-sector initiative that creates equitable economic growth by building connections, advancing conversations, and sparking action. Through this initiative, the City identified five industry sectors to drive job creation and increase income levels: Financial Services, Data Analytics and Technology, Specialized Manufacturing, Marine and Life Sciences, and Creative Arts and Design. The City has focused on growing businesses in these sectors to maximize its economic development resources.
Scope The City is seeking a qualified consultant to reassess and update its Targeted Industry Clusters. The scope of work shall include:
1. Economic and Market Assessment
a. Analyze current economic trends, labor market data, and industry performance at the local, regional, and national levels.
b. Evaluate demographic shifts, workforce capabilities, and educational assets relevant to industry growth.
c. Identify emerging sectors and innovation-driven opportunities aligned with St. Petersburg’s economic strengths.
2. Review of Existing Industry Clusters
a. Assess the relevance and performance of the five industry clusters identified in the 2014 Grow Smarter Initiative.
b. Determine which clusters remain viable or require refinement, and whether new areas should be added.
3. Stakeholder Engagement
a. Conduct interviews, focus groups, and/or surveys with key stakeholders, including but not limited to the following: Large employers; small businesses; business associations; social service/healthcare providers; educational institutions; and public sector partners.
b. Incorporate community input to ensure inclusive and equitable economic development priorities.
4. Benchmarking and Best Practices
a. Compare St. Petersburg’s industry focus with peer cities and national benchmarks.
b. Identify successful strategies and models that could inform the City’s updated approach.
5. Recommendations and Strategic Framework
a. Deliver a clear set of recommended Targeted Industry Clusters based on data, stakeholder input, and strategic alignment.
b. Provide actionable guidance for implementation, including policy considerations, public/private partnership opportunities, investment priorities, and workforce development strategies.
6. Final Report and Presentation
a. Prepare a comprehensive final report summarizing findings, methodology, and recommendations.
b. Present findings to City leaders and relevant stakeholders in a public or private forum, as needed.
Contract Term Budget $95,000
Sources:
· https://www.stpete.org/business/economic_development/about_the_districts.php
· https://www.stpete.com/growsmarter/
· District 2 Master Plan Scope
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