Item Coversheet

County of El Paso
Agenda Item Details


 

Item Title:Economic Development - FASTER Better Business Bureau (2022-1082)
Submitted By:Michael Hernandez, Director, Economic Development Department (915) 546-2177
Subject:Approve and authorize the County Judge to sign the Third Amendment to the Chapter 381 Economic Development Program Agreement/Financial Assistance for Safety, Technology and Economic Resilience (FASTER) with the Better Business Bureau Paso Del Norte. Funding in an amount not to exceed $170,330 is available in GF-ECONIMPACT-INITIATIVE.  (Contract No. 2022-1082)
Background:

In December 2020, the County partnered with the Better Business Bureau (BBB) to promote and market the FASTER economic relief program. As part of that agreement, the BBB maintained and operated the El Paso Business Strong and Buy El Paso websites (and social media accounts), and also built a dashboard that has allowed FASTER administrators to upload their data so that they could coordinate between programs. The original expiration date for this agreement was March 31, 2021.

 

Commissioners Court on April 5, 2021 approved a First Amendment to continue the three most crucial parts of this agreement on a month-to-month basis through the end of the current fiscal year: the two websites (EPBusinessStrong.org and BuyEP.org) and the dashboard where FASTER administrators continue to coordinate. The Court's approval including funding in the amount of $64,872.

 

The department coordinated with the City of El Paso's Economic Development Department to consider cost-sharing for possible continuation of these services with the BBB. The City of El Paso approved funding of these services in the amount of $116,500.

 

County Commissioners Court approved in August 2021 a second amendment that extended and augmented current services for the two websites that promote El Paso County businesses as they continue to recover from the pandemic's impact on their operations. These services cost the County $116,500.

 

FASTER's EPBusinessStrong website has gained additional features including SizeUp, a tool for businesses which provides any user industry-specific and hyperlocal information using Big Data analysis. The research is individually customized for each company. By using the website service local businesses are able to rank their business performance compared to industry competitors. They also can discover potential customers, suppliers, and better understand their competitive landscape. The SizeUp service is free to users and its costs have been folded into the marketing effort. 

Fiscal Impact:

Value of Contract: $170,330

GF-ECONIMPACT-INITIATIVE   

COGF-1000-0000000-431-60-11191-0502-IF000-605103-

 

Original Contract Amount: $331,000

GF-ECONIMPACT-INITIATIVE   

COGF-1000-0000000-431-60-11191-0502-IF000-605103-

 

Value of First Amendment: $64,782

GF-ECONIMPACT-INITIATIVE   

COGF-1000-0000000-431-60-11191-0502-IF000-605103-

 

Value of Second Amendment: $116,500

GF-ECONIMPACT-INITIATIVE   

COGF-1000-0000000-431-60-11191-0502-IF000-605103-

Recommendation:Approve and authorize the County Judge to sign the Third Amendment to the Chapter 381 Economic Development Program Agreement/Financial Assistance for Safety, Technology and Economic Resilience (FASTER) with the Better Business Bureau Paso Del Norte. Funding in an amount not to exceed $170,330 is available in GF-ECONIMPACT-INITIATIVE.  (Contract No. 2022-1082)
Prior Action:

12/17/2020 - Approve and authorize the County Judge to sign the 381 Economic Development Agreement with Better Business Bureau Paso del Norte for promotions and outreach related to the County Financial Assistance for Safety, Technology & Economic Resilience (FASTER) program. Funding in the amount of $698,000 is available in GF-ECONIMPACT-INITIATIVE.

 

4/5/2021 - Approve and authorize the County Judge to sign the First Amendment to Chapter 381 Economic Development Program Agreement/Financial Assistance for Safety, Technology and Economic Resilience (FASTER) with the Better Business Bureau Paso Del Norte. Funding in the amount of $64,872 is available in GF-ECONIMPACT-INITIATIVE. (Contract No. 2021-0234)

 

8/16/2021 Approve and authorize the County Judge to sign the Second Amendment to Chapter 381 Economic Development Program Agreement/Financial Assistance for Safety, Technology and Economic Resilience (FASTER) with the Better Business Bureau Paso Del Norte. Funding in the amount of $116,500 is available in GF-ECONIMPACT-INITIATIVE. (Contract No. 2021-0234)   

Strategic Plan:..
Strategic Plan Information:

ATTACHMENTS:
DescriptionUpload Date
2022-1082 BBB Faster Agreement v.2 (2022-23)(FINAL 12.8.22)12/9/2022