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FloridaWest RFP - Executive Search Firm for FloridaWest CEO

Published Mar 10, 2023

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CONTACT:
Melissa Stoker, Director of Operations
Phone: 850-898-2201
Email: mstoker@floridawesteda.com

FloridaWest Economic Development Alliance (“FloridaWest”) is issuing this Request for Proposals for the services of an Executive Search Firm ("ESF") to assist in the recruitment of a Chief Executive Officer ("CEO"). The ESF shall assist the FloridaWest Executive Search Committee in attracting, interviewing, and hiring a CEO. Services include development of a position description and terms of employment, development of a recruitment plan, conducting a nationwide search, vetting of qualified candidates, and decision assistance in final selection. The ESF will coordinate its efforts with the FloridaWest Executive Search Committee.

FloridaWest is a 501(c)6 non-profit principally funded by Escambia County and the City of Pensacola. We receive 20% of our funds from the private sector and partner with them to retain and attract new business, promote sustainable development, address infrastructure challenges, and improve quality of life for a rapidly growing community. Further information can be found at www.floridawesteda.com.

Chief Executive Officer Position: FloridaWest is seeking an experienced Economic Developer that will serve as the Chief Executive Officer of the organization. The CEO reports to the Board of Directors and is responsible for effectively leading FloridaWest as well as overseeing all financial and operational aspects of the corporation in accordance with the Bylaws and the Mission of FloridaWest. The FloridaWest CEO serves as the public face and voice of the corporation and plays a leading role in building and maintaining collaborative relationships with business and community leaders. The current staff of FloridaWest is approximately 5 full time positions and the budget is approximately $1.3M. The FloridaWest office is located at 3 West Garden Street, Suite 618, Pensacola, FL 32502. Click here for a job description PDF.

Services Requested: The FloridaWest Executive Search Committee seeks the following services to identify a new CEO.

  • In collaboration with the FloridaWest Executive Search Committee, develop a job position suitable for a nationwide search that is consistent with the FloridaWest Bylaws as well as the needs of the Corporation.
  • Coordinate with the FloridaWest Executive Search Committee throughout the process. 
  • Conduct a nationwide search to identify a diverse pool of highly qualified individuals to serve as the FloridaWest CEO. This portion of the search is expected to be complete four (4) months after the execution of a contract.
  • In coordination with the FloridaWest Executive Search Committee, develop evaluation criteria to be used.
  • Vetting of qualified candidates to identify those both willing and most worthy of consideration; provide those candidates to the Executive Search Committee.
  • Perform all relevant background checks, including social media activity.
  • Inform each candidate that makes it to the final selection that their names will be shared with the FloridaWest Board of Directors.
  • Development of an executive offer for the most qualified candidate to include benefits and terms of employment. The executive offer will be evaluated by the FloridaWest Executive Search Committee as part of the final selection process. It is expected that the CEO will serve an initial 3-year term with subsequent 5-year terms, based upon performance.

It is desired that the entire search process be concluded in four to six months from execution of the contract.

RFP Selection Process Timeline:

Proposals are due before April 10 at 5 p.m. The FloridaWest Executive Search Committee convenes on April 19 to review proposals. Start of work should begin within 30 days.

Proposal Requirements:

FloridaWest will consider proposals from Executive Search Firms with specific experience and success in recruiting Chief Executive Officers for small to mid-size economic development organizations. The Board reserves the right to make the final hiring decision. Proposals should be no more than 20 pages, not including references, and cover the following:

  1. Organization Description: Brief history and summary of your firm and expertise.
  2. Recruitment Approach: Describe the process to be used to find a successful candidate for the FloridaWest CEO role. Detail how you will accomplish the above scope of work, including a clear delineation of the firm's responsibilities and the expectations of FloridaWest. Include any networks to be used on behalf of this search.
  3. Deliverables: Delineate how success will be measured throughout the process.
  4. Proposed Timeline: Estimate the start and end dates for each phase of the search process.
  5. Budget: Proposed cost along with narrative of what is included in this cost.
  6. References: Provide two references:
    1. A successful Chief Executive Officer search where the CEO has been with the organization more than three years. Please provide contact information for both the CEO, and if possible, the board member contact with whom the firm contracted.
    2. A recent (within the past 12 months) Chief Executive Officer placement. Please provide contact information for the CEO as well as the board or staff contact with whom the firm worked most closely.

Proposals to be considered and evaluated, must be received via email with a subject line “FloridaWest Executive Search Firm Proposal” before 5 p.m. on April 10, 2023 at mstoker@floridawesteda.com. Proposals received after 5:00 p.m. on April 10, 2023, will not be accepted or consid,ered. Faxed or mailed proposals are not acceptable. Proposals must be appropriately signed by an authorized representative of the Offeror. By submitting a proposal, the firm authorizes FloridaWest to contact references to evaluate the firm's qualifications for this project.

Evaluation Criteria:

  1. The respondent's experience and reputation (Point range: 40)
  2. The capabilities and experience of the personnel assigned to the project (Point range: 10)
  3. The extent to which the services meets FloridaWest’s needs (Point range: 10)
  4. The pricing and timeline proposed by the firm (Point range: 40)

Disclaimer: This RFP does not commit FloridaWest to select any firm, award any work order, pay any costs incurred in preparing a response, or procure or contract for any services or supplies. FloridaWest reserves the right to accept or reject any or all submittals received, cancel or modify the RFP in part or in its entirety, or change the RFP guidelines, when it is in the best interests of FloridaWest to do so.

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