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Economic Impact Study For Ion Stage 2 Expansion to Cambridge

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EOI2026-05International

Contract Overview

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

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The Region of Waterloo is seeking qualified consulting teams to conduct a comprehensive economic impact study for the ION Stage 2 light-rail expansion from Fairway Station to Downtown Cambridge. The primary objective is to quantify the incremental economic value of the extension, specifically analyzing its influence on housing development, business activity, investment attraction, and municipal fiscal outcomes. The study must assess the multiplier effects of the transit investment, including impacts on affordable housing, tax-base growth, employment access, emissions reductions, and household transportation costs across various study-area scales. Selected consultants will be required to provide scalable analysis options to accommodate potential budget adjustments without compromising the integrity of the findings. Deliverables must be tailored for both technical and public audiences, consisting of a detailed technical report, an executive summary, a key-indicator dashboard, and presentation materials for Committee and Council review. Interested parties must respond to solicitation EOI2026-05 by the deadline of November 10, 2026.

General Info

Consultants needed for ION Stage 2 economic impact study by November 10, 2026.

Agency

Region of Waterloo

NAICS

541618 - Other Management Consulting Services

Place of Performance

CAN

Set-Aside

NONE

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0

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Timeline

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Organization & Contact Information

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AgencyRegion of Waterloo
ContactsNo contacts available
OfficeCAN
Organization / AgencyRegion of Waterloo
Office AddressCAN
ContactsNo contact information available

Full Description

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Identify consulting teams with capability to do the following:Prepare a consultant-led economic impact study for the ION Stage 2 expansion from Fairway Station to Downtown Cambridge.Quantify and explain the incremental economic value of extending ION light-rail to Cambridge, including the broader effects on development, housing, business activity, investment attraction, municipal fiscal outcomes, and inclusive growth.Assess the multiplier effect of permanent light-rail transit investment, including impacts on development value, residential units, affordable housing potential, assessment growth, tax-base growth, employment access, business investment, mode shift, emissions, and household transportation costs.Evaluate benefits at multiple study-area scales and identify how the work could be adjusted, phased, or reduced for budget purposes without compromising the overall analysis.Develop clear outputs suitable for Committee and Council, including a technical report, executive summary, key-indicator dashboard, presentation materials, and a concise public-facing summary.

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