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Please refer to the opportunity information in the attached document.
Review and Evaluation of the Ohio Leading Indicator Model Services
Ohio Department of Job and Family Services (ODJFS) Request for Proposals (RFP) number JF5R1617158109 for the purpose of selecting a qualified and experienced vendor who will review and evaluate ODJFS model for producing leading indicator indexes for Ohio and its eight largest metropolitan statistical areas and, if warranted, suggest a new or updated model or new inputs that could improve the usefulness and predictive quality of the indexes. The leading indicator indexes are intended to predict changes in employment over a three-to-six month horizon. This information can be used by businesses and government agencies for short-term planning. The current model was developed more than 10 years ago, and recent structural changes in the economy may have reduced the effectiveness of the model. Other factors may have affected the effectiveness of the model as well. The goal of this project will be to update the leading indicators model for the current economic climate.
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