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HomeMy WebLinkAbout185960 DEVELOPMENT RESEARCH PARNTERS - CONTRACT - RFP - P1008 INDUSTRY ANALYSIS AND CLUSTERPROFESSIONAL SERVICES AGREEMENT THIS AGREEMENT made and entered into the day and year set forth below, by and between THE CITY OF FORT COLLINS, COLORADO, a Municipal Corporation, hereinafter referred to as the "City" and Development Research Partners, Inc., hereinafter referred to as "Professional". WITNESSETH: In consideration of the mutual covenants and obligations herein expressed, it is agreed by and between the parties hereto as follows: 1. Scope of Services. The Professional agrees to provide services in accordance with the scope of services attached hereto as Exhibit "A", consisting of five (5) pages, and incorporated herein by this reference. 2. The Work Schedule. The services to be performed pursuant to this Agreement shall be performed in accordance with the Work Schedule attached hereto as Exhibit "B", consisting of one (1) page, and incorporated herein by this reference. 3. Time of Commencement and Completion of Services. The services to be performed pursuant to this Agreement shall be initiated upon execution of this Agreement. Services shall be completed no later than September 15, 2006. Time is of the essence. Any extensions of the time limit set forth' above must be agreed upon in writing by the parties hereto. 4. Early Termination by City. Notwithstanding the time periods contained herein, the City may terminate this Agreement at any time without cause by providing written notice of termination to the Professional. Such notice shall be delivered at least fifteen (15) days prior to the termination date contained in said notice unless otherwise agreed in writing by the parties. All notices provided under this Agreement shall be effective when mailed, postage prepaid and sent to the following addresses: o Marketing and public relations o Land use or preservation of commercial corridors o Development process, Regulatory and incentive policy o Workforce development and education o Infrastructure development o Entrepreneurial development (economic gardening) o Neighborhood revitalization or targeted area development • Prioritize - Evaluate and prioritize the menu options based on: o fit with Fort Collins' goals, core values and competitive position o effectiveness (based on empirical data) o human and financial capital required to implement o compatibility/synergy with other economic development efforts • Tracking Performance - Organize the proposed strategies into short- and long-term implementation plan, and develop measurable performance indicators. Needed from Fort Collins Staff: • Previous strategic documents pertaining to their E.D. efforts over the past 5-6 years • Documentation from EVSAG that would provide context/background on that particular group's work • Anticipated budget figures for City economic development expenditures (at least a range, so we will have an idea about what they can afford programmatically) • Access to land use or comprehensive planning maps/documents as needed Deliverables from DRP/R&M Team: • Professional report detailing above information. Final Reporting Tasks Needed from Fort Collins Staff. • Review and comment on all final documents. • Scheduling of Council study session, Council hearing • PowerPoint presentation of final study findings, if appropriate Deliverables from DRP/R&M Team: • Meeting with EVSAG (7/27/2006): deliver all preliminary findings, gather final feedback. • Council Study Session (7/25/2006): deliver all preliminary findings, gather final feedback. • Council Hearing (8/15/2006): Final delivery of all documents; project closure. • Professional report detailing the process and findings, delivered in electronic format. Reproduction and dissemination of the final report will be the responsibility of the City of Fort Collins. EXHIBIT `tBSf COMPLETION SCHEDULE The DRP team proposes to begin the assignment the week of April 3, 2006. The attached timeline represents our estimate of the completion schedule, recognizing that various project components such as data availability and meeting scheduling require some flexibility. In summary, the total project is estimated to take about five (5) months. The final documents will generally be completed about two weeks after receiving Client comments on draft reports, depending upon the extent of any requested revisions. Nhek Numbar. 1 2 3 4 5 6 7 6 4 10 WNk B=".g With: 04100/2006 0V10l2006 OU17Y2006 04*412006 05f01/2006 0"11/2006 0511=006 05122t2006 0&262006 04106I2006 I Task 1: Identify Clusters ti & % 'Deliverable_ Memo Summary a Task 2: Cluster Rankings Deliverable_ Draft Ranking'cxeresse for FC staff to distractive Deliverable_ Memo Summary Is Meeting. ECOLT (April 20. 2006) e Meeting: EVSAG (April 27. 2006) Milestone'. Cluster Selection Task 3: Industry Cluster Profile Report r ap Deliverable . Professional Repor�- Task 4: Locatlonal Advantages d disadvantages Deliverable. Draft letter for FC staff to distribute to focus group attendees Milestone. Focus Groups Established MeetingsFocus Groups I - 4 Deliverable: Memo Summary Task 5: Recommended Action Items Deliverable[ Professional Repor tlnal ReP9Rhig Tasks Meeting'. Council Sody Session (07.25.4}6,; Meiling'. EVSAG (07f27r06) Milestone: All documents de5vered to FC Staff for final review Report Comment Fe•,oc Preparation of Final Reports Meeting: Council Hearing (08115✓2006) Milestone: Project Completon Week Number 11 12 13 14 15 16 17 15 19 20 21 Week Beglnnlna Wllh:/1611212006 OWlW2006 0&26(2006 07103I2008 07110120M 07117I2008 OPIM2006 Oi13112006 08Po7/2008 08114l1000 08I21/2006 Task 1: Identify Clusters Deliverable: Memo Summan Task 2: Cluster Rankings Deliverable: Draft Ranking Exercise for FC staff to distribute Deliverable: Memo Summap Meeting: ECOLT (Aprl 20. 20M) Meeting: EVSAG (April 27. 2006) Milestone: Cluster Selection Task 3: Industry Cluster Profile Report' - Deliverable: Professional Repor - -- a Task 4: Locations[ Advantages 5 —' Disadvantages Deliverable: Draft letter for FC staff to distribute to focus group attendees Milestone: Focus Groups Established Meetings: Focus Groups 1 - 4 Deliverable: Klein. Summary is Task 5: Recommended Action Items Resamch4 OM0 FCWJ dohj Deliverable. Professional Repor Final Reporting Tasks Meeting: Council Study Session (07!25I06) Meeting: EVSAG i07i27;061 Milestone: Al documents delivered to FC Staff for final review Report Comment Period Preparation of Final Reports Meeting: Council Hearing (080512006) Milestone: Project Completion EXHIBIT "C" FEE SCHEDULE The project as described in this document will be completed for an estimated total fee of $60,000, based on the analysis of four industry clusters. The component prices of the project are as follows: Task 1: Identify Clusters $3,750.00 Task 2: Cluster Rankings $6,000.00 Task 3: Industry Cluster Report $18,000.00 Task 4: Locational Advantages & Disadvantages $15,500.00 Task 5: Recommended Action Items $8,750.00 Final Reporting Tasks $8,000.00 TOTAL $60,000.00 Additional research and assistance above and beyond the Scope of Work identified herein may be negotiated at any point during the course of this project. Any additions or deletions to the Scope of Work will be documented via a change order and will generally result in an adjustment in the fee quoted above. The DRIP team provides professional research and consulting services at a rate of $125.00 per hour. COLORADO CASUALTY INSURANCE CO 10700 E. GEDDES AVE. SUITE 300 ENGLEWOOD, OO 80112 RENEWAL DECLARATION DEVELOPMENT RESEARCH PARTNERS 10184 W. BELLEVIEW AVE., #100 LITTLETON CO 80127-1762 BP 0537570 04 112.00 not /01/06 RENEWAL OF BP 0537570 BROWN/RAYNOR CORPORATION 0514701 5575 DTC PARKWAY #330 ENGLEWOOD CO 80111 3037712509 f Type of I FORMS APPLICABLE ❑ STANDARD [ESPECIAL I ram oOFFICEE In return for the payment of the premium, and subject to all the terms of this policy, we agree with you to provide the Insurance as stated below In the policy. Described Premises: See attached schedule Business Description: See attached schedule PROPERTY COVERAGE LIMITS OF INSURANCE: Buildings See attached schedule Business Personal Property See attached schedule Deductible See attached schedule Mandatory $500 deductible on: Burglary and Robbery; Employee Dishonesty; Outdoor Signs; Tenants Exterior Building Glass; Interior Glass; Money and Securities; Spoilage; Condominium Loss Assessment Lose of Income See attached schedule Optional Coverages See attached schedule LIABILITY AND MEDICAL PAYMENTS: Except for Fire Legal Liability, each paid claim for the following coverage reduces the amount of insurance we provide during the applicable annual period. Please refer to paragraph DA of the Businessowners Liability Coverage Form. Limits of Insurance BUSINESS LIABILITY 1, oco, 000 per ocourrenoe MEDICAL PAYMENTS 5,000 sachpemon FIRE LEGAL LIABILITY 5o, 000 per 000urrenos TERRORISM RISK INSURANCE ACT OF 2002 INCLUDED 1.00 NO PREMIUM CHARGE IF BLANK TOTAL POLICY PREMIUM $ 500.00 This declaration, together with the coverage form(s), common policy conditions and forms, and endorsements, If any, issued to form a part thereof, complete the above number polloy. Countersigned this Day of , Issued Date: 04/27/2005 Autho# Rep sentatsve eorDEci 01 V INSURED Page 1 of 3 GEDDES AVE. SUITE 300 Co e0112 RENEWAL DECLARATION DEVELOPMENT RESEARCH PARTNERS 10184 W. BELLEVIEW AVE., #100 LITTLETON CO 80127-1762 Policy Number From Play Period To BP 0537570 04' 06/01105 06/0 BROWNIRAYNOR CORPORATION 5575 DTC PARKWAY #330 ENGLEWOOD CO 80111 Telephone: 3037712509 LooNo.: 11Bldg. No.: 1110184 W. BELLEVIEW AVE., #100 LITTLETON Mae. Non -Combust. I F 1 004 1 04 1 0 1 0 OFFICE n 0514701 L CO 80127-17 PROPERTY COVERAGE LIMITS OF INSURANCE: BUILDINGS $ Actual Cash Value - Buildings Option (YIN) Automatic Increase - Building Limit (%) Deductible Wind or Hail Deductible (%) BUSINESS PERSONAL PROPERTY $ 15,000 Deductible $ 500 Loss of Income Actual Business Loss Sustained Not Exceeding 12 Months OPTIONAL COVERAGES- Applicable only if an "X" is shown in the boxes below: COVERAGE LIMITS OF INSURANCE ❑x Accounts Receivable $5,000 Additional Accounts Receivable Q Valuable Papirs $5,000 Additional Valuable Papers 0 Exterior Building Glass INCLUDED ❑ Tenants Exterior Building Glass ❑ Interior Glass A. Basement/Ground Floor Level B. All Floors ® Increased Cost of Construction $5,000 ❑x Forgery or Alteration 02,500 Additional Forgery or Alteration ❑ Outdoor Signs ❑ Burglary or Robbery (Standard Form Only) ❑ Money and Securities Inside Outside ❑ Employee Dishonesty ❑ Mechanical Breakdown ❑ Swimming Pool ❑ Fire Legal - Additional Fire Legal ❑ Playground/Amusement Area Q Earthquake Earthquake Deductible % ssued Date: 04/27/2005 INSURED CPDEa 01 W Page 2 of 3 JnA1Jv 1%jWI f.v4. vv GEDDES AVE. SUITE 300 ky.iw um 000,0080112 IBP 0537570 04 RENEWAL DECLARATION DEVELOPMENT RESEARCH PARTNERS BROWN/RAYNOR CORPORATION 10184 W. BELLEVIEW AVE., #100 5575 DTC PARKWAY #330 LITTLETON CO 80127-1762 1 ENGLEWOOD CO 80111 06/01/06 0514701 Ieiepnone: 3037712509 The described location is located at the above insured mailing address unless otherwise stated below: LocNo.: 1 Bldg. No.: 1 10184 W. BELLEVIEW AVE., #100 LITTLETON CO 80127-17 Constriction Type Sprinkler Teffkory I ProL Class I Rate No. I Rate Group Mae. Non -Combust. I F 1 004 04 O O OFFICE OPTIONAL COVERAGES (continued): Equipment Breakdown Enhancement Hired Autos Non -Owned Autos TERRORISM RISK INSURANCE ACT Forms and Endorsements applicable tD this location BP0523 (11/02) MLSOCCB2 (09/04) BP0006 (01/97) BP0009 (01/97) IL0003 (04/98) IL0169 (04/98) IL0228 (04/98) CC1034 (05/98) BP1004 (04/98) BP1005 (04/98) SP0417 (01/96) BP0577 (11/02) BP0511 (07/02) BP0513 (07/02) BP0002 (12/99) CC1013 (01/97) EP0404 (01/96) BP60CC (09/01) BP0430 (01/96) Issued Date: 04/27/2005 Page 3 Of 3 May 18, 2005 INSURANCE SUMMARY Development Research Partners Colorado Casualty Insurance Co Policy Period: 6/1/2005 to 6/l/6 I. PROPERTY 10184 W. Belleview Ave. #100 Littleton, CO 80127 $ 15,000 Business Contents Actual Loss Business Expense/Extra Expense - 12 Months 5,000 Valuable Papers 5,000 Accounts Receivable 5,000 Increased Cost of Construction 2,500 Forgery or Alteration Included Exterior Building Glass All Risk subject to policy exclusions/limitations, Replacement Cost Coverage, $500 deductible. II. GENERAL LIABILITY LIMITS $ 1,000,000 Per Occurrence 2,000,000 Annual Aggregate 1,000,000 Products and Completed Operations Aggregate 1,000,000 Personal and Advertising Injury 50,000 Fire Damage Legal Liability 5.000 Medical Payments Per Person BJaOWN/RAYNOR 1,000,000 Non -Owned Auto/Hired Auto III. PREMIUM $ 500.00 Property and Liability $ 500.00 TOTAL PREMIUM NOTE: Because space does not permit a detailed summary, we have only set forth some of the highlights of your policies. We urge you to refer to the actual policies for the details of coverages, terms, conditions, exclusions, limitations, and other information desired. Professional: City: With Copy to: Development Research Partners, Inc. City of Fort Collins City of Fort Collins Attn: Patricia Silverstein Attn: Purchasing Attn: Timothy Wilder 10184 W. Belleview Ave Ste 100 PO Box 580 281 N. College Ave. Littleton, CO 80127 Fort Collins, CO 80522 Fort Collins, CO 80524 In the event of any such early termination by the City, the Professional shall be paid for services rendered prior to the date of termination, subject only to the satisfactory performance of the Professional's obligations under this Agreement. Such payment shall be the Professional's sole right and remedy for such termination. 5. Design, Project Indemnity and Insurance Responsibility. The Professional shall be responsible for the professional quality, technical accuracy, timely completion and the coordination of all services rendered by the Professional, including but not limited to designs, plans, reports, specifications, and drawings and shall, without additional compensation, promptly remedy and correct any errors, omissions, or other deficiencies. The Professional shall indemnify, save and hold harmless the City, its officers and employees in accordance with Colorado law, from all damages whatsoever claimed by third parties against the City; and for the City's costs and reasonable attorneys fees, arising directly or indirectly out of the Professional's negligent performance of any of the services furnished under this Agreement. The Professional shall maintain commercial general liability insurance in the amount of $500,000 combined single limits, and errors and omissions insurance in the amount of N/A. 6. Compensation. In consideration of the services to be performed pursuant to this Agreement, the City agrees to pay Professional on a time and reimbursable direct cost basis according to the following schedule: Hourly billing rates: $125 per hour Reimbursable direct costs: as billed with maximum compensation (for both Professional's time and reimbursable direct costs) not to exceed Sixty Thousand Dollars ($60,000) in accordance with the fee schedule attached hereto as Exhibit "C", consisting of one (1) page, and incorporated herein by this reference. Monthly partial payments based upon the Professional's billings and itemized statements of reimbursable direct costs are permissible. The amounts of all such partial payments shall be based upon the Professional's City -verified progress in completing the services to be performed pursuant hereto and upon the City's approval of the Professional's reimbursable direct costs. Final payment shall be made following acceptance of the work by the City. Upon final payment, all designs, plans, reports, specifications, drawings and other services rendered by the Professional shall become the sole property of the City. 7. City Representative. The City will designate, prior to commencement of work, its project representative who shall make, within the scope of his or her authority, all necessary and proper decisions with reference to the project. All requests for contract interpretations, change orders, and other clarification or instruction shall be directed to the City Representative. 8. Project Drawings. Upon conclusion of the project and before final payment, the Professional shall provide the City with reproducible drawings of the project containing accurate information on the project as constructed. Drawings shall be of archival, prepared on stable mylar base material using a non -fading process to provide for long storage and high quality reproduction. "CD" disc of the as -built drawings shall also be submitted to the owner in and AutoCAD version no older then the established city standard. 9. Monthly Report. Commencing thirty (30) days after the date of execution of this Agreement and every thirty (30) days thereafter, Professional is required to provide the City Representative with a written report of the status of the work with respect to the Scope of Services, Work Schedule, and other material information. Failure to provide any required monthly report may, at the option of the City, suspend the processing of any partial payment request. 10. Independent Contractor. The services to be performed by Professional are those of an independent contractor and not of an employee of the City of Fort Collins. The City shall not be responsible for withholding any portion of Professional's compensation hereunder for the payment of FICA, Workers' Compensation, other taxes or benefits or for any other purpose. 11. Personal Services. It is understood that the City enters into this Agreement based on the special abilities of the Professional and that this Agreement shall be considered as an agreement for personal services. Accordingly, the Professional shall neither assign any responsibilities nor delegate any duties arising under this Agreement without the prior written consent of the City. 12. Acceptance Not Waiver. The City's approval of drawings, designs, plans, specifications, reports, and incidental work or materials furnished hereunder shall not in any way relieve the Professional of responsibility for the quality or technical accuracy of the work. The City's approval or acceptance of, or payment for, any of the services shall not be construed to operate as a waiver of any rights or benefits provided to the City under this Agreement. 13. Default. Each and every term and condition hereof shall be deemed to be a material element of this Agreement. In the event either party should fail or refuse to perform according to the terms of this agreement, such party may be declared in default. 14. Remedies. In the event a party has been declared in default, such defaulting party shall be allowed a period of ten (10) days within which to cure said default. In the event the default remains uncorrected, the party declaring default may elect to (a) terminate the Agreement and seek damages; (b) treat the Agreement as continuing and require specific performance; or (c) avail himself of any other remedy at law or equity. If the non -defaulting party commences legal or equitable actions against the defaulting party, the defaulting party shall be liable to the non -defaulting party for the non -defaulting party's reasonable attorney fees and costs incurred because of the default. 15. Binding Effect. This writing, together with the exhibits hereto, constitutes the entire agreement between the parties and shall be binding upon said parties, their officers, employees, agents and assigns and shall inure to the benefit of the respective survivors, heirs, personal representatives, successors and assigns of said parties. 16. Law/Severability. The laws of the State of Colorado shall govern the construction, interpretation, execution and enforcement of this Agreement. In the event any provision of this Agreement shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision of this Agreement. THE CITY OF FORT COLLINS, COLORADO By: r*�� q� ovvl� i� Vurchasing B. O'Neill II, CPPO, FNIGP Director & Risk Management AT ST: 4`�yOF.F�Rr0 O� 'w City Clerk APPR T FOR An Ass Assis t Ci ttorney Developme Research Partners Inc. l By: GG�O c� vv Title: CORPORATE PRESIDENT OR VICE PRESIDENT Date: AgL"/ � ;2-00( EXHIBIT "A" P1008 Industry Cluster Analysis and Targeting Study SCOPE OF WORK A major step in developing a region's economic development strategy focuses on what types of industries to target for growth and retention. Industry targets may be chosen to meet varying community goals ranging from diversifying the economic base to increasing the average wage to utilizing natural and labor resources more fully. A community's economic development efforts should focus on those industries in which the community has some clear competitive advantages. Further, industries selected need to be acceptable economically, environmentally, and socially to the community. This proposed study is based on the concept of industry clusters. Industry clusters are geographic concentrations of interconnected companies and institutions in a particular field. These industry clusters drive wealth creation within a region, primarily through the export of goods and services. An industry cluster may consist of industries that share the same or similar workforce, factors of production or infrastructure. It may also be defined by the production of similar outputs, complementary output or other interdependent relations. Ideally, clusters also include the institutions and professional organizations that provide research assistance and support to the industry. The identification and description of industry clusters operating in Fort Collins, Colorado will be accomplished through the completion of the following tasks. Task 1: Identify Industry Clusters The first step will be to identify industry clusters currently operating in Fort Collins. Development Research Partners (DRP) uses a cluster methodology similar to that developed by Michael E. Porter, Professor of Business Administration at the Harvard Business School. Employment concentration (industry employment as a share of total employment) will be used to determine industry cluster strength. We will be looking for a diverse mix of industries, including both technology -based and "traditional" industries. In particular, this task will be accomplished through the following research activities: • Research Industry Classifications — DRP will examine the 2004 (2005, if available) annual employment concentration of each 4-digit (or, in some cases, 6-digit) North American Industry Classification System (NAICS) code in Fort Collins. The employment concentration in each industry will then be compared to the national employment concentration for the industry to determine if Fort Collins has relative strength. Where concentration of an industry is greater than the national economy, it is presumed that the production of goods and services is more than sufficient to meet local demand, and is therefore exported — either physically or financially. Where concentration of an industry is greater than the national average, it is presumed that a high degree of specialization among firms exists, a characteristic of competitive industry clusters. • Aggregate Clusters - The NAICS industries with strong employment concentrations will be aggregated, along with additional relevant industries, to define strong industry clusters in the Fort Collins area. If appropriate, "subdusters" may also be developed. Each industry cluster will be defined by a set of NAICS codes. • Emerging Clusters— The quantitative data will be supplemented with discussions with area stakeholders to identify emerging clusters, clusters which may not currently display strong employment concentrations yet present new opportunities for Fort Collins. Needed from Fort Collins Staff.• • Fort Collins and Larimer County Quarterly Census of Employment & Wages (QCEW) Data, 2000-2005, six -digit NAICS. • United States Quarterly Census of Employment & Wages (QCEW) Data, 2000-2005, six - digit NAICS. • Maps (street, land use) of Fort Collins. • Relevant reports or industry studies published by NCEDC, the Fort Collins Chamber, downtown development group or other organizations. • Memo to EVSAG, other relevant groups to inform of project kick-off, Scope of Work Deliverables from DRP/R&M Team: • Memo summary of potential clusters (total employment, employment growth rates, employment concentration). Task 2: Industry Cluster Ranking Often, the list of potential industry clusters needs to be shortened for further analysis. If that is the case in Fort Collins, an industry cluster ranking analysis exercise may be used as a guide for narrowing the list. This process used by DRP is based on qualitative input as well as quantitative measures. To begin the ranking analysis, various criteria are ranked according to its importance to the economic development goals of the community. Based on the input received from numerous business leaders, weights are assigned to varying economic development goals such as projected long-term job growth rates, high employment multiplier impacts, large current employment base, high average annual salary and the like. Using a combination of qualitative and quantitative data, the industry clusters are ranked according to each criterion and the appropriate number of clusters selected based on those that best meet the community's goals. The selected clusters offer strong growth potential and/or a high degree of employment concentration. While some industry clusters may exhibit strong employment concentrations but slow or no employment growth in recent years, there is value in recognizing large employment sectors for retention efforts. How many industry clusters should be pursued as targets? The answer to this question depends upon the community's priorities, resources, political will and the current level of economic diversity. First, financial and personnel resources may limit the number of clusters actively pursued. Second, the number of industry clusters pursued as targets may be dictated by the level of involvement and support of industry business leaders. Third, the current composition of the economic base needs to be considered. Economic development goals may range from bolstering the employment base of one sector to increasing employment in a number of sectors in order to enhance the diversity of the economic base. These goals are not mutually exclusive; the desired outcome is to bring or maintain the balance of the local economy. The decision of which industry clusters to actively pursue needs to consider the community's goals for industry specialization and economic diversification. We will work with the City of Fort Collins to target a maximum of four industry clusters initially. The City may wish to conduct more comprehensive industry cluster analysis on the other industry clusters identified at some later date. Needed from Fort Collins Staff: • Cluster Ranking Exercise and cover letter delivered to appropriate groups (City Council, EVSAG, ECOLT, Fort Collins Chamber of Commerce, etc.). • PowerPoint for use at EVSAG, ECOLT meetings summarizing cluster ranking data and results, if appropriate. Deliverables from DRP/R&M Team: • Cluster Ranking Exercise and cover memo to be delivered to appropriate business groups. • Memo summary of the data used to rank the clusters in the Cluster Ranking Exercise. • Memo summary of results of the cluster ranking exercise. • Meeting with EVSAG (4/27/2006), ECOLT (4/20/2006): introduce project, discuss ranking results, final cluster selection. Task 3: Industry Cluster Profile Report Clusters continually evolve as new companies and industries emerge or decline. They can maintain competitive strength for decades or lose their competitive edge due to both external and internal forces. Because industries ebb and flow in strength, it is important to examine industry clusters historically to understand how to support and promote the cluster. For each of the four targeted industry clusters identified in Tasks 1 and 2, a comprehensive set of data will be prepared to describe and define the cluster. The following information will be provided: • Cluster Overview - A description of the industry cluster, including why this is an important cluster to the future economic health of Fort Collins and a discussion of the growth potential of the industry at the national, state and regional level. • Economic Profile - An analysis of the concentration of the industry cluster, including such items as the number of companies, a listing of key companies within this industry cluster currently located in the region, the total employment, companies by employment size, average salaries and growth trends. Employment trends for the period from 2000 to 2005 will be examined, data permitting. • Business Advantages - A discussion of other locations in the U.S. that have strong concentrations of this cluster and the identification of where Fort Collins currently ranks relative to these other areas. This section will be supplemented with the locational advantages and disadvantages information collected in the focus group section below. Needed from Fort Collins Staff. • Feedback on what areas of country Fort Collins often competes with in terms of job expansion and recruitment. • Submit draft report to EVSAG, ECOLT, other appropriate groups for their review, feedback. Deliverables from DRP/R&M Team: • Professional report detailing above information for each industry cluster. Task 4: Locational Advantages & Disadvantages To determine if the data is painting an accurate picture of industry clusters in Fort Collins, discussions with community leaders and business professionals will be used to validate the cluster identification research. In particular, we are seeking input on the factors that tend to drive the location decisions of companies within the industry cluster. Based on these factors that drive the growth of the industry cluster, how well does Fort Collins compete? Ideally, one focus group session with 8-10 participants within the same industry cluster will be held. Therefore, the project will include four focus groups. The City's assistance in identifying potential participants, contacting the participants and handling the logistics for each of the focus groups is essential given the short time frame for this project. Needed from Fort Collins Staff.• • Distribute letter to potential focus group attendees. • Secure 8-10 attendees for each industry focus group. • Logistics for focus groups: room reserved, snacks/drinks for meeting. • Appropriate staff to attend the focus groups. Deliverables from DRP/R&M Team: • Draft letter for focus groups. • Conduct focus groups. • Memo summary of focus group findings. Task 5: Recommended Action Items Targeting industries based on the idea of industry clusters provides focus to an economic development program in four key areas. First, an understanding of existing industry strengths helps to create an identifiable regional image and message, improving marketing programs. Second, retention campaigns can be focused on protecting existing industries and resources. Third, recruitment strategies can be focused on cluster companies and their suppliers or service providers. Finally, cluster analysis may identify industries that the community does not currently have a strong concentration in but also present unique, new opportunities for developing the regional economy. Our Development Research Partners / R&M Resource Development team will deliver to the City of Fort Collins recommendations for cost-effective, actionable strategies that will propel the City toward its goal of creating a sustainable economic environment for current and future generations. Further, it is important to craft strategies that allow Fort Collins to leverage its actions and integrate with similar efforts underway at the Northern Colorado Economic Development Corp., Colorado State University, the Metro Denver Economic Development Corp. and the State of Colorado. Our recommendations will include specific short-term (within 18 months) and long-term (19 months and beyond) action items. We will also propose objective performance measures as a way to evaluate/ recognize success and demonstrate accountability. Our process for developing recommendations will include the following: • SWOT - Analyze the outcomes of cluster research, economic outlook data and competitiveness. Identify strengths, weaknesses, opportunities and threats. • Menu of Strategies - Develop a menu of traditional and non-traditional economic development strategies that represent viable options for the targeted clusters and competitive issues identified in our research. These may include, but are not limited to: o Creation of industry cluster advisory boards