SPEDA strives to provide opportunities that foster business growth, improve workforce development, increase tourism and encourage industry leaders. This page is updated regularly as new opportunities are available. Please check back for new information.
Mini-grant series: Deadline Feb. 24, 2023
SPEDA’s mini-grant series provides strategic investments to businesses currently operating or in the start-up phase in Somerset and Pulaski County, Kentucky. Created to enhance assistance available to small businesses and strengthen economic growth and development locally, approved projects must demonstrate their benefit to the local community.
Businesses applying for mini-grants should present their overall plan, specific need for investment and ways in which funds will be utilized. Applicants are encouraged to show how their business helps to build community, mobilize local resources and strengthen community institutions and networks.
Mini-grants are subject to approval for up to $2,500 per business entity and require a 20 percent match of total project costs. Projects for which grant funds are provided must be completed within six months.
SPEDA administers program funds at its sole discretion. Nonprofits and governmental organizations are not eligible for SPEDA’s mini-grant program. Each applicant must complete the application in full by the application deadline.
The 2023 application deadline is Feb. 24, 2023, with winners announced in April or May.
Grant Application Program Guidelines
Bid Opportunities
INVITATION TO BID
PRIVATE-PUBLIC PARTNERSHIP (P3) REQUEST FOR QUALIFICATIONS (RFQ)
Agricultural Expo & Entertainment Center
The Somerset-Pulaski Economic Development Authority (SPEDA) is issuing this Request for Qualifications (“RFQ”) to solicit Statements of Qualifications (“SOQ”) from innovative and capable teams who are qualified to enter into a public-private partnership (“P3”) with SPEDA to design, build, finance, operate, and/or maintain an agricultural exposition and entertainment center or alternative entertainment and recreation facilities that meet SPEDA’s objectives (the “Project”). This RFQ process will be used to prequalify and shortlist companies or teams (“Private Partners” or “Respondents”) who will be the only eligible entities to respond to a subsequent Request for Proposal (“RFP”) to deliver the Project.
SPEDA seeks to promote Somerset-Pulaski County’s rich agricultural heritage and strong presence in the state’s agriculture industry through the construction and operation of a facility equipped to host agricultural exposition events, among other events that generate revenue and provide entertainment or recreational opportunities for residents. A major postsecondary educational institution has also expressed interest in establishing a relationship with the Project, to include potentially leasing the facility to host school events. SPEDA desires to provide maximum flexibility to its Private Partners to develop a facility that meets SPEDA’s goals in the most economically feasible manner.
Responses should communicate a developer or company’s competence and experience in the preparation of such a development and be detailed on how it will serve the community and region’s best interests. A Statement of Qualifications and a formal proposal will be accepted by SPEDA until 4 p.m. ET on November 22nd, 2022 at SPEDA office located at 306 East Mt. Vernon Street, Suite 316, Somerset, KY 42501. The proposal must be sealed and clearly marked for it’s purpose. One (1) complete hard copy AND one (1) completed digital copy of each response must be received. chris@speda.org
SPEDA reserves the right to reject any and all bids/proposals received, and to select bid/proposal it determines to be in it’s best interest.
SPEDA is an equal opportunity employer.
For more information on this Private-Public Partnership (P3) Request for Qualifications (RFQ), please contact Chris Girdler at chris@speda.org or 606-425-5409
Download the full RFQ here: SPEDA Ag Expo Center P3 RFQ
INVITATION TO BID
DESIGN-BUILD REQUEST FOR PROPOSAL (RFP)
Valley Oak Commerce Complex Properties
Somerset Pulaski Economic Development Authority (SPEDA) issues a Request for Proposals (RFP) from developers, investors, engineering, construction, and/or associated firms related to the purchase, planning, design and development of currently available property located within the Valley Oak Commerce Complex in Somerset, Kentucky.
This RFP is intended to address the scope of services and to outline information SPEDA requires from those qualified firms who wish to respond to this solicitation. SPEDA requires a Design/Build Proposal and is looking for proposals from the private sector to address possible needs of the community.
Responses should communicate a developer or company’s competence and experience in the preparation of such a development and be detailed on how it will serve the community and region’s best interests. A Statement of Qualifications and a formal proposal will be accepted by SPEDA until Noon ET on August 19th, 2022 at SPEDA office located at 306 East Mt. Vernon Street, Suite 316, Somerset, KY 42501. The proposal must be sealed and clearly marked for it’s purpose. One (1) complete hard copy AND one (1) completed digital copy of each response must be received. chris@speda.org / jessica@speda.org
SPEDA desires to assess the following:
At minimum, proposals must include the following items: (1) a statement of interest; (2) a resume and summary outlining the respondent’s experience; (3) a summary of the proposed purchase, project process and plans with estimated starting time along with timeline for completion; and (4) an estimated cost or cost options for this project; (5) detailed plans of how best to utilize the property in question; (6) how the proposal benefits the complex, community and region.
The proposal shall include everything necessary for the purchase, planning, prosecution and completion of the work and fulfillment of the contract, including, but not limited to: furnishing all engineering design, quality control, materials, equipment, all management, labor necessary to complete the project.
SPEDA reserves the right to reject any and all bids/proposals received, and to select bid/proposal it determines to be in its best interest.
SPEDA is an equal opportunity employer.
For Bid/Proposal Packet information on this Design/Build RFP, please contact Chris Girdler at chris@speda.org or 606-425-5409
INVITATION TO BID
DESIGN-BUILD REQUEST FOR PROPOSAL (RFP)
Valley Oak Commerce Complex – Pin Oak Improvement Project
Somerset Pulaski Economic Development Authority (SPEDA) issues a Request for Proposals (RFP) from engineering, construction, and/or associated firms related to the planning, design and development of a newly proposed PIN OAK DRIVE IMPROVEMENT PROJECT located in Valley Oak Commerce Complex in Somerset, Kentucky.
This RFP is intended to address the scope of services and to outline information SPEDA requires from those qualified firms who wish to respond to this solicitation. SPEDA requires a Design/Build Proposal.
Responses should communicate a firm’s competence and experience in the preparation of similar projects in civil design and road construction along with storm water design/management, traffic flow and movements, and tractor trailer storage areas. A Statement of Qualifications and a formal proposal will be accepted by SPEDA until Noon ET, April 15th 2022 at the SPEDA office located at 306 East Mt. Vernon Street, Suite 316, Somerset, KY 42501. The proposal must be hand delivered, sealed and clearly marked for its purpose. One (1) complete hard copy AND one (1) complete digital copy of each response must be received.
SPEDA desires to assess the following:
At minimum, proposals must include the following items: (1) a statement of interest; (2) a resume and summary outlining the respondent’s experience; (3) a summary of the project process and plans with estimated starting time along with a timeline for completion; and (4) an estimated cost or cost options for this project.
The proposal shall include everything necessary for the planning, prosecution and completion of the work and fulfillment of the contract, including, but not limited to: furnishing all engineering design, quality control, materials, equipment, all management, labor necessary to complete the project.
SPEDA reserves the right to reject any and all bids/proposals received, and to select bid/proposal it determines to be in the project’s best interest.
SPEDA is an equal opportunity employer.
For Bid/Proposal Packet information on this Design/Build RFP, please contact Chris Girdler at chris@speda.org or 606-425-5409
INVITATION TO BID
DESIGN-BUILD REQUEST FOR PROPOSAL (RFP)
Somerset-Pulaski Veterans Park on Main Street
Somerset Pulaski Economic Development Authority (SPEDA) issues a Request for Proposals (RFP) from engineering, construction, and/or associated firms related to the planning, design and development of a newly proposed Somerset-Pulaski Veterans Park located on Main Street in downtown Somerset, Kentucky.
This RFP is intended to address the scope of services and to outline information SPEDA requires from those qualified firms who wish to respond to this solicitation. SPEDA requires a Design/Build Proposal.
Responses should communicate a firm’s competence and experience in the preparation of similar projects in civil design and construction along with storm water management, retention and maintenance. A Statement of Qualifications and a formal proposal will be accepted by SPEDA until Noon EST on August 17th, 2021 at SPEDA office located at 306 East Mt. Vernon Street, Suite 316, Somerset, KY 42501. The proposal must be sealed and clearly marked for it’s purpose. One (1) complete hard copy and one (1) completed digital copy of each response must be received. chris@speda.org / jessica@speda.org
SPEDA desires to assess the following:
At minimum, proposals must include the following items: (1) a statement of interest; (2) a resume and summary outlining the respondent’s experience; (3) a summary of the project process and plans with estimated starting time along with a timeline for completion; and (4) an estimated cost or cost options for this project.
The proposal shall include everything necessary for the planning, prosecution and completion of the work and fulfillment of the contract, including, but not limited to: furnishing all engineering design, quality control, materials, equipment, all management, labor necessary to complete the project.
SPEDA reserves the right to reject any and all bids/proposals received, and to select bid/proposal it determines to be in it’s best interest.
SPEDA is an equal opportunity employer.
For Bid/Proposal Packet information on this Design/Build RFP, please contact Chris Girdler at chris@speda.org or 606-425-5409
Invitation to Bid
2023 Mowing & Maintenance Bid Packet
Somerset-Pulaski Economic Development Authority (SPEDA) will accept sealed bids for a ONE-YEAR contract from qualified lawn and landscape service providers. Bid packets for the work to be performed and completed may be obtained by contacting SPEDA at 606-425-5409 or chris@speda.org / jessica@speda.org
All BIDS must be turned into the SPEDA office located at 306 East Mt. Vernon Street, Suite 316 Somerset KY 42501, no later than 8:30am ET on the date of bid opening which will be February 28th, 2023. Bids cannot be accepted at any other location and must be delivered to the 3rd floor office of SPEDA. Bids will be opened immediately following the 8:30am ET deadline on February 28th, 2023. All bids must be received by the designated date and time and none will be considered thereafter.
SPEDA reserves the right to reject any and all bids received and to select the bid which it determines to be in its best interest. SPEDA is an equal opportunity employer. Questions can be director to SPEDA at 606-425-5409.