6/7/2011 ECONOMIC DEV AND INDUSTRIAL COMMITTEE Minutes

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Mashpee Town Hall REQUEST FOR PROPOSALS/QUALIFICATIONS PART Introduction The Town of Mashpee is requesting proposals and qualifications for consultant services relating to the Falmouth and Mashpee FDIC (Economic Development Industrial Corporation) Partnership. Consultants will be expected to demonstrate their experience and successful track record in designing and implementing a Needs Analysis, completing Goal Setting and creating a Five Year Action Plan to aggressively guide the economic growth of the two-town region. Consultants will be expected to identify areas in which current and future economic development initiatives may qualify for federal, state/local, and foundation/private grant opportunities. Applicants are expected to submit qualifications and sealed price proposals by Thursday July 21, 2011 at 2:00 p.m. Qualified consultants will be contacted for follow-up interviews- Background Back round Information Barnstable County, through the Cape Cod Commission,has awarded a sum of money to the Falmouth and Mashpee EDIC partnership to hire a Management Consultant. Approximately $30,000 has been allocated for the consultant services. The successful individual or firm will be charged with providing a clear path forward for each EDIC and their budding partnership, focusing on four primary tasks; 1)Need Analysis for future economic development activities; 2) Goal Setting with an emphasis on policy and planning; 3) Creation of a Five Year Action Plan for the Partnership incorporating a separate`Business Plan" for both the Falmouth and Mashpee EDICs; and 4) Identify Income to sustain the Partnership and each EDIC through public and private sources. Goal The goal of this project is to create a vision and working plan that will a) strengthen both FDIC's; b) evaluate their emerging Partnership to determine roles and the advantages/disadvantages of a more permanent merge; c) foster creative economic growth in the two towns; d) create jobs and business opportunities; and e) allow the EDICs and their Partnership to sustain themselves as they shepherd fixture growth. Timeline Consulting services and deliverables will be completed by February 15, 2012.