Economic and Fiscal Analysis Services

The City of Foster, California, is seeking a vendor to provide comprehensive economic and fiscal analysis services. The agency requires these services to evaluate both city-initiated and private-initiated projects, initiatives, and citywide policies. Through this contract, the agency aims to secure accurate data on development costs, feasibility, and cost-benefit ratios to guide municipal decision-making. The scope of work covers fiscal, financial, and economic impact analyses, as well as development impact fee and nexus studies for future code updates or state requirements. The selected vendor will also analyze reuse or redevelopment initiatives and perform peer reviews of economic analyses submitted by project applicants. Additionally, the agency may request special economic and fiscal impact analyses as authorized by the city council. Bidders must perform all work onsite in Foster, California, and the agency limits eligibility to onshore vendors located within the United States. The agency is accepting digital proposal submissions via email or through their online portal. The agency has not disclosed a set budget and is requesting pricing proposals from interested bidders to determine the project cost.