The City of Milpitas issued a Request for Proposal (RFP) for an Economic Development Strategy Plan. The plan aims to provide a comprehensive strategy for the city's economic development. The RFP was awarded to Strategic Economics, Inc., who was determined to be the most advantageous proposal after consideration of all evaluation criteria. The contract involves the development of a plan that will guide the city's economic development efforts. Key aspects of the plan include:
• Economic analysis and market research
• Identification of key industries and opportunities for growth
• Development of strategies for business attraction and retention
• Creation of a plan for implementation and monitoring progress
The contract is expected to provide a comprehensive and effective economic development strategy for the City of Milpitas.