ECONOMIC IMPACT REPORTS PROPOSAL

JUNE 2018




eImpact Report

3435 NE 45th Ave

Portland, OR 97213

(503) 773-9689

www.eimpact.report 


Economic Development Council of Colorado

Kim Woodworth, Operations Director

(720) 260-4478


Proposal No. 06052018-4

SUMMARY


The Economic Development Council of Colorado convenes communities from around the state, providing  vital resources to help these organizations succeed, no matter their size. 


As part of its work EDCC provides economic impact reports to its members at an affordable price. EDCC seeks to continue and expand this work with the right partner.


These economic impact reports provide unbiased, defensible data and analysis to help communities effect policy, engage the public and drive results. This proposal outlines a complete economic impact reporting solution for EDCC to serve its members.



ECONOMIC IMPACT
Report Generation
eImpact is a market leading solution for economic impact reporting, used by a wide range of organizations, from cities to associations. For a list of eImpact clients and more information on the company please visit www.eimpact.report

SCOPE


Project Outcomes


Specifically, EDCC would like to:

  • Provide economic impact reports on a range of topics, from projects (e.g., construction of a school) to industries (e.g., retail in the state).
  • Deliver these reports at a cost allowing EDCC to mark-up or charge a member fee for the service.
  • Utilize best of breed technology to offer engaging report formats that communicate impact effectively.


Deliverables

Master license for eImpact:

A master license of eImpact (similar to EDCC's current use of IMPLAN) will be needed to deliver the reports to members. This license includes:

    • Complete reporting solution from data collection and analysis, to report formatting.
    • Automation of publicly sourced data from QCEW, Census, OES and other sources (see list here).
    • Data visualizations including interactive charts, maps and other widgets for the reports.
    • Access to eImpact's team of economists and data analysts, who produce the reports for EDCC.
    • Discounted report fees for individual economic impact reports (see pricing below)

Report generation:

eImpact will deliver reports addressing specific subjects and/or issues, based on EDCC's identified needs.

Example report topics include:

  • Industry Economic Impact (state, county, region, city/town)
  • Issue Analysis (policy, regulation, other)
  • Project Economic Impact (construction, investment, other)

Each of these report topics vary in complexity and time requirement. A tiered pricing proposal is outlined in the section below.



Our Process


Our typical turnaround time is 4 weeks, including incorporating client feedback until the report is finished. 






Pricing


Master license fee: $9,900

  • Renews annually

Report fees:

All fees reflect a discount of 65% from eImpact's standard list price.

  • Industry Economic Impact: $1,500
  • Issue Analysis: $2,400
  • Project Economic Impact: $3,200





EXAMPLE REPORT
Policy Impact
This report was created for the Oregon Hospital and Health Systems Association to help support their position on a proposed tax. The association was successful in getting a more balanced tax policy result.