Economic Model Review

The State of Alabama is seeking a qualified vendor to conduct an Economic Model Review. The effort focuses on evaluating state or local economic‑development incentive programs, assessing their fiscal impact, and reviewing the underlying economic and fiscal models. The contractor must demonstrate expertise in incentive program analysis, fiscal‑impact modeling (primarily Excel‑based), and prior consulting experience with government agencies. Deliverables include a written assessment, model review commentary, and actionable recommendations for decision‑makers. • Evaluate and critique existing incentive programs (tax credits, payroll‑based incentives, etc.). • Review, validate, and potentially improve economic/fiscal impact models, including assumptions and data sources. • Provide a comprehensive written report with recommendations and supporting Excel workbooks.