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Missouri State University·Missouri

Economic Impact Study for Missouri State University

Closes 9/8/2026$75k – $120kRequest for Proposal
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Description

Missouri State University seeks a qualified consulting firm to produce a comprehensive, data‑driven economic‑impact study quantifying the university’s contributions to local, regional, and state economies. The contractor will manage the project from kickoff through final presentation, delivering a work plan, data validation memo, preliminary impact results, draft and final reports, and an executive summary. The effort must be completed within a twelve‑week, fixed‑price schedule and adhere to strict accessibility standards (WCAG 2.0 AA, Section 508). • Conduct data collection, validation, and economic‑impact modeling (direct, indirect, induced effects). • Analyze additional impacts such as student/visitor spending, alumni workforce contributions, capital project effects, and rural economic influence. • Produce draft and final reports with executive summaries, graphics, and presentations for university leadership. • Provide a sandbox testing environment and meet all accessibility compliance documentation.

Attached files

Contact

John Banion(Primary Contact)

[email protected]

(417) 836-5356

Key dates

Opened
8/17/2026
Questions due
8/24/2026
Closes
9/8/2026
Projected award
10/1/2026
Duration
3 months

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
RFP 8498-08

Budget estimate

$75,000 – $120,000

No budget is disclosed, but a 12‑week economic‑impact study typically requires a senior economist, a data analyst, and a project manager. Assuming blended rates of $150–$250 per hour, total labor hours of ~1,200 (≈40 hrs/week × 3 people × 12 weeks) yields a cost range of $180,000–$300,000. Accounting for university budget constraints and the fixed‑price nature, the award is likely to be negotiated lower, roughly $75,000–$120,000.

AI estimate from the solicitation

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