104-24 Exhibits-Economic Development Counsultant - 2024.pdf

1. CONSULTANT will conform with all aspects of the RFP, annexed hereto as Exhibit “A” and incorporated by refeference, including but not limited to coordinating the preparation of a 5-Year Economic Development Strategic Plan for West Orange. The strategic plan will outline the existing economic conditions of the Township and analyze the issues the Township will need to address. The tasks and responsibilities will include the following: • Economic Development strategies and analysis; • 5-Year Economic Development Strategic Plan; • Economic Development Action Plan; • Demographic/economic data research; • Maintain database of businesses/employers; • Business retention and expansion; • Attracting new businesses; • Serve as a liaison with the Mayor, Township Council, Administration, Developers and Investors; • Provide Retail gap analysis; • Planning Assistance and Master Plan review; • Smart Growth / Redevelopment tools; • On-going oversight and coordination of development projects; • Transportation and infrastructure; and • Collaboration with grant writers. 2. The CONSULTANT shall provide written status reports concerning the CONSULTANT’s work by the 15th day of each month which reports shall be in writing and provided to the Mayor and Township Council. Such reports shall summarize the work performed in the last calendar month and provide a timeline for additional work. 3. The TOWNSHIP hereby retains the services of CONSULTANT for the period March 1, 2024 through February 28, 2025 at the monthly flat fee of $12,500.00 for an annual fee of $150,000.00 as set forth in the proposal submitted, annexed hereto as Exhibit “B.” 4. CONSULTANT may not bill for the following ordinary administration and overhead: clerical and bookkeeping time related to the project, all telephone and facsimile costs, costs of reproduction of up to twenty (20) copies of no more than one (1) draft and one (1) final

me related to the project, all telephone and facsimile costs, costs of reproduction of up to twenty (20) copies of no more than one (1) draft and one (1) final 2 4822-0551-7287, v. 1