Multistate economic benefit analysis for 83C IV solicitation

Economic analysis for 83C IV solicitation

Overview

The states of Massachusetts, Rhode Island, and Connecticut launched a joint memorandum, the 83C IV solicitation, of understanding to procure up to 6 GW of offshore wind. This required developers’ proposals to meet both state-specific and shared regional objectives. Our client asked us to develop a proposal that addressed these requirements.

We used our economic impact model to quantify the economic benefits of the project. The analysis covered both direct procurement-driven economic activity. It also included additional benefits from the proposed economic development package. Our ability to work at pace and tailor outputs to requirements helped our client deliver a strong, compliant, and competitive proposal.

Key challenges

  • Complex multi-jurisdictional requirements
  • Need for flexibility to adjust modelling outputs
  • Coordination of distinct state priorities with regional goals
  • Tight timelines and high stakes
  • Strong competition

Key impact

  • Credible and tailored economic impact analysis
  • Responsive and adaptable modelling
  • Strengthened our client’s position in responding to the 83C IV solicitation

BVGA team

Alun Roberts

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