1246374B: target market planning next program consulting services

The Illinois Department of Commerce and Economic Opportunity (DCEO) is soliciting proposals for Target Market Planning Next Program consulting services, with proposals due August 21, 2026.

The scope comprises strategic consulting to support development and implementation of target market planning initiatives across Illinois. Deliverables include market research reports, strategic recommendations, action plans, and ongoing advisory services to identify and prioritize target markets for business recruitment and expansion. The consultant will provide market analysis, strategic planning, program design, and implementation support to guide state economic development activities.

The contract term is one year from notice to proceed, with potential renewal options for additional one-year periods based on performance and continued funding availability. All costs are funded through DCEO's economic development appropriations. The procurement is open to qualified consulting firms with demonstrated expertise in market planning, economic development strategy, and business analysis. Pricing will be determined through the competitive procurement process and established during the formal solicitation. Payment terms, rate structures, and detailed budget requirements will be incorporated into the final contract agreement.