Economic Impact Study

2026-11-03

Minnesota State seeks proposals from qualified vendors to conduct a comprehensive economic impact study of the Minnesota State system . The selected vendor will analyze the system ’ s contribution to Minnesota ’ s economy using six core measures of economic impact . The project includes development of one statewide economic impact report and up to 33 individual college and university reports . The resulting reports must be methodologically sound , easily updatable for up to five years , and accessible to audiences such as policymakers , institutional leaders , community stakeholders , and the general public . Minnesota State is committed to transparency and broad distribution of these findings ; therefore , selected vendors must permit full public release of the final reports and acknowledge the use of their name in communications related to this work . Technical / Functional Requirements The Respondent will conduct research and provide analysis based on the following measures : 1 . Operational Spending . Direct and indirect economic impact of systemwide operational spending , including payroll , purchasing , contracting , and institutional services . 2 . Capital Investment . Direct and indirect impact of capital projects , including materials , contracted services , and associated payroll activities . 3 . Student Spending . Economic contribution resulting from student spending in Minnesota communities . 4 . Workforce and Graduate Outcomes . Impacts on labor force productivity , lifetime earnings of graduates , and , where feasible , economic mobility indicators . 5 . Public Sector Cost Impacts o Estimated effects on public systems such as : o Law enforcement and incarceration o Health care utilization o Need for public assistance programs ...

Minnesota

2026-05-02