Small Business and Economic Development Strategic Assessment

Richland County, South Carolina, is soliciting proposals under solicitation number RC-822-P-27 for a Small Business and Economic Development Strategic Assessment. The primary objective of this initiative is to conduct a comprehensive retail market analysis and strategic assessment to address an estimated annual retail leakage of 418 million dollars. The selected firm will focus on unincorporated areas, specifically Priority Investment and Secondary Growth Areas identified in the Reimagine Richland Comprehensive Plan, to identify strategic recruitment opportunities and develop a retail business assistance program to expand the local business base. The contract will be awarded to the proposer offering the best overall value based on their understanding of the project, proposed methodology, relevant experience in strategic planning or tourism studies, and project management capabilities. The successful contractor must maintain significant insurance coverages, including 2 million dollars in commercial general liability and 1 million dollars in professional liability. Administrative requirements include Net 30 payment terms under the Prompt Payment Act and adherence to South Carolina state laws and OSHA safety standards. Proposals must be submitted through the online portal, including a Federal Identification Number and official entity documentation.