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Economic Impact & Financial Consulting

Active

State & Local

Response Deadline11/05/2026, 07:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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The City of Bristol in Virginia is seeking a subcontractor for Economic Impact and Financial Consulting to support developers bidding on city land purchase projects. The selected consultant will be responsible for utilizing financial modeling software to project property and sales tax revenues and estimate direct job creation. The final deliverables for this engagement include comprehensive economic impact reports and detailed tax revenue projections. Qualified candidates must be either a Certified Public Accountant or an Urban Economic Planner. This opportunity was posted on September 15, 2026, with a response deadline of November 5, 2026. The work will be performed in Bristol, Virginia, under NAICS code 541611.

General Info

Bristol, VA seeks CPA or Urban Planner for economic impact and financial consulting.

Agency

Virginia → City of BristolView Agency

NAICS

541611 - Administrative Management and General Management Consulting ServicesView NAICS

Place of Performance

Bristol, VA, USA

Set-Aside

NONE

Documents

This scope was carved out of CM-27-001.

The full solicitation package (3 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

The City of Bristol, Virginia (the “City”), invites qualified developers to submit proposals for the purchase and development of two city owned properties

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Timeline

PostedSep 15

subcontract

Response DeadlineNov 5

Submission deadline

Response Deadline

11/05/2026, 07:00:00 PM UTCin about 2 months

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Organization & Contact Information

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AgencyVirginia → City of Bristol

ContactsNo contacts available

OfficeN/A

Organization / Agency

Virginia → City of Bristol

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Office AddressN/A

ContactsNo contact information available

Full Description

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Calculates projected financial benefits for developers bidding on City land purchase projects. Projects property tax revenues, calculates projected sales tax revenues, and estimates direct job creation using financial modeling software. Requires a Certified Public Accountant (CPA) or Urban Economic Planner. Delivers economic impact reports and tax revenue projections.

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The City of Bristol, Virginia (the “City”), invites qualified developers to submit proposals for the purchase and development of two city owned properties

Solicitation # CM-27-001

The City of Bristol, Virginia, is soliciting proposals from qualified developers for the purchase and redevelopment of two city-owned properties: the former Highland View Elementary School and the former Washington Lee Elementary School. Both sites are zoned as R-3 Moderate Density Residential and are being sold in as-is-where-is condition. The City aims to maximize the use of these sites to expand the local tax base and align with long-term community goals, with a preference for projects that can be completed within a two-year timeframe. Developers may submit proposals for one or both properties, and the selection process will involve evaluating the highest and best use of the land, the land sale price offer, and the projected economic benefits, including job creation and tax revenues. Proposals are due by November 5, 2026, at 2:00 PM EST and must be submitted as one original and three paper copies in a sealed envelope, accompanied by a digital version on a USB flash drive. A complete submission must include a conceptual site plan, a detailed development team profile, a financing plan, and a completed State Corporation Commission form. The response must be concise, not exceeding 30 pages. The City will select offerors based on their qualifications and suitability, followed by negotiations to determine the final award. All contractors must comply with the Commonwealth of Virginia Vendors Manual and maintain specific insurance coverages, including commercial general liability and workers compensation.

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