Section IV Economic Impact Clause Samples
Section IV Economic Impact. In addition to all other information requested within this RFP, each Bidder must dedicate a section of its proposal to describing the Bidder’s economic impact upon any state that chooses to participate under this program. The use of economic impact in making contract award decisions is required in accordance with DocuSign Envelope ID: 22B4BD01-58D9-4AB3-AC4F-AC67D3B96B81 DocuSign Envelope ID: 16287D28-3264-44F2-80BB-D4454384C31A State of Maine Executive Order 2012-004, which states that certain service contracts ”…advertised for competitive bid shall include scoring criteria evaluating the responding Bidder’s economic impact...” Although the Executive Order is specific to the State of Maine, the Bidder’s economic impact information should be applicable to any state that chooses to participate in this program (whether it be Maine, or a different state). For the purposes of this RFP, the term “economic impact” shall be defined as any activity that is directly performed by or related to the Bidder and has a direct and positive impact on the economy and public revenues within any state that chooses to participate under this program. Examples may include, but are not limited to, employment of the subject state’s residents, subcontracting/partnering with the subject state’s businesses, payment of state and local taxes (such as corporate, sales, or property taxes), and the payment of state licensing fees for the Bidder’s business operations. To complete the “economic impact” section of the Bidder’s proposal, the Bidder shall include no more than one page of typed text, describing the Bidder’s current, recent, or projected economic impact, as defined above. The Bidder may include all details and information that it finds to be most relevant for this section. DocuSign Envelope ID: 22B4BD01-58D9-4AB3-AC4F-AC67D3B96B81 DocuSign Envelope ID: 16287D28-3264-44F2-80BB-D4454384C31A
Section IV Economic Impact. In addition to all other information requested within this RFP, each Bidder must dedicate a section of its proposal to describing the Bidder’s economic impact upon any state that chooses to participate under this program. The use of economic impact in making contract award decisions is required in accordance with State of Maine Executive Order 2012-004, which states that certain service contracts ”…advertised for competitive bid shall include scoring criteria evaluating the responding Bidder’s economic impact...” Although the Executive Order is specific to the State of Maine, the Bidder’s economic impact information should be applicable to any state that chooses to participate in this program (whether it be Maine, or a different state). For the purposes of this RFP, the term “economic impact” shall be defined as any activity that is directly performed by or related to the Bidder and has a direct and positive impact on the economy and public revenues within any state that chooses to participate under this program. Examples may include, but are not limited to, employment of the subject state’s residents, subcontracting/partnering with the subject state’s businesses, payment of state and local taxes (such as corporate, sales, or property taxes), and the payment of state licensing fees for the Bidder’s business operations. To complete the “economic impact” section of the Bidder’s proposal, the Bidder shall include no more than one page of typed text, describing the Bidder’s current, recent, or projected economic impact, as defined above. The Bidder may include all details and information that it finds to be most relevant for this section.