Description
The State of Colorado, through the Office of Economic Development & International Trade (OEDIT), seeks a qualified economic analyst or consulting firm to perform comprehensive tax increment financing (TIF) analyses for upcoming Transit Investment Areas. The work is divided into two phases: (1) baseline growth‑rate assessment for each proposed Transit Investment Area, including data collection, modeling, and a written assessment; and (2) a full “but‑for” economic analysis for each Transit Investment Project, delivering revenue forecasts, methodology documentation, and compliance with legislative criteria. Deliverables include assessment reports, economic analysis reports, presentations to the Colorado Economic Development Commission, and ongoing support during the evaluation process. The contract is a cooperative purchasing agreement lasting up to two years, with potential multiple awardees for up to three projects per year.
• Phase 1: Baseline growth‑rate modeling, data research, and assessment report for each Transit Investment Area.
• Phase 2: Full economic feasibility and “but‑for” analysis, revenue projection, and compliance evaluation for each Transit Investment Project.
• Required expertise: ≥5 years in TIF financial modeling, advanced education in economics/finance, and proven Colorado‑specific sales‑tax experience.
• Deliverables: Written reports, data tables, methodology explanations, and virtual/in‑person briefings to OEDIT and the Economic Development Commission.
• Contract length: up to 2 years, with possible renewal for additional project cycles.