Site Selection
Selecting a site is a critical decision. The cost associated with a facility, workforce and supply chain can far exceed half of all operating expenses.
H&A offers a single source, “turn-key” solution to support site selection. We derive value through understanding the real political climate, perceived and actual business friendliness, as well as, immediate and long term costs of doing business with a community.
H&A has the strategic skills required to manage and leverage numerous communities and/or states, each of which must be kept involved in the process until completion. We’re committed to remaining impartial and unbiased during the entire project. Remaining impartial helps determine the success of the site selection process and its what separates us from the competition.
Credits and Incentives Practice
Our team provides the best-in-class support that is truly comprehensive. We ensure our clients realize the full value of an incentive package, all while minimizing the risk to the business. These services are for the full life cycle of the incentive, which includes the identifying, negotiating, securing, legal construction, and compliance and aftercare.
We are committed to providing high-quality personalized service with integrity and intelligence, which is critical when securing public incentives for our clients.
H&A’s comprehensive Credits and Incentives Service includes the following:
Pre-qualification of Incentives
Public Disclosure Protection
Negotiation
Legal Construction
Aftercare and Benefit Collection
State/Local Tax
Public incentives often come in the form of reduced tax liability at the national, state/provincial and local levels. H&A advises their clients to determine the potential value of these incentives.
Discretionary Incentives
Government agencies and economic development officials are armed with the ability to provide discretionary incentives to prospective companies. Known by many as “Deal Closing Funds,” these funding opportunities are often not directly advertised for and take a savvy, experienced professional to discover and capture these incentives. Guided by certain parameters, government agencies and economic development officials have discretionary authority to grant these funds based on the project’s size, scope and impact to the community.
Workforce Training Opportunities
Government agencies and economic development officials are often working to improve the employability and productivity of their local workforce. To develop their workforce and establish a pipeline of future skilled employees, officials often offer financial incentives and technical assistance. Companies may be able to capture these opportunities for training and skill development for their incumbent workers and new employees.
Complex Incentives
Around the world there are opportunities for companies to uncover financing assistance that are often very complex and difficult to capture. Working directly with H&A’s legal and financial structuring team, our clients receive first-class, turnkey services in navigating these programs. These types of opportunities often include:
• New Markets Tax Credits
• Industrial Revenue and other Public and Quasi-Public Bonds
• Tax Increment Financing
• Foreign Trade Zones
• Land Use, Brownfields and Environmental Project Coordination
• Discount Leasing and Leaseback Scenarios
• Land Transfer and Discount Purchasing
New Markets Tax Credits
We provide active, market-leading, state-of-the-art consulting and legal services with respect to federal New Markets Tax Credits (“NMTCs”). NMTCs are powerful, but underutilized, tools for economic development targeting low-income communities. H&A provides an array of comprehensive services designed to engage at the earliest possible moment for effective action and carry the NMTC project through to a timely and, importantly, cost-effective completion.
Green and Renewable Energy
Companies seeking to invest in renewable energy technologies, implement energy efficiencies and develop green, sustainable practices, can often find public funding assistance for their project. Green and renewable energy incentives are critical to companies making investments at their facilities.
Labor Analytics
H&A offers an innovative technical approach to understanding local labor trends. Our clients choose from a suite of products that customize the approach to identify current labor dynamics and forecast short-term and long-term workforce risks. We use the best industry standard data combined with innovations in big data, ground truth result control, change detection analysis, social media analysis, and data we collect. We deliver the highest quality service in labor shed, demographic, socio-political, and on the ground research available.
Our proprietary algorithms determine both where and when change will affect the labor shed, sustainability of a labor force, education, growth saturation rates, attrition, migratory patterns, and other labor decision metrics. We understand the importance of a sustainable workforce and provide objective analysis that is key to the success of any new or existing facility.
We provides our clients with the entire Labor Analytics process, which includes:
Identify
Research
Customization
Data Conforming
Risk Mitigation
Present
Ongoing
Logistics and Supply Chain
H&A works with clients to not only understand the logistical environment of today, but also takes into account the future by forecasting customer demand, supply rends, energy costs, and transportation related expenditures.
Companies need to integrate logistics and supply chain strategies into their site decision process. Logistics and supply chain strategy is critical in determining a site is effective in meeting the demands of customers and to efficiently source goods from suppliers, all while ensuring transportation costs are low.
That’s where we come in.
H&A develops a detailed report presenting the logistical costs and challenges, along with the opportunities, for each potential location under consideration. By conducting a logistics and supply chain analysis, the company has the opportunity to identify where the most operationally effective, economically sound location will be for a project’s specific needs.
We provide our clients with products and services representing the entire lifecycle of logistics and supply chain:
Smart Supply Chain
Network Optimization
Product Flow
Strategic Sourcing
Inventory Optimization
Risk Mitigation
Incentives Compliance
We navigate our clients through the entire incentives life cycle to optimize the incentive package, ensuring maximum value. H&A works directly with your team to complete all applications, contracts, agreements and meet reporting requirements.
In the U.S., over 70% of incentive dollars negotiated are never fully realized by the company.
The benefit of hiring us?
Access to our proprietary Public Incentives Management System (PIMS), a web-based, incentive management tool. PIMS provides the tools to track and manage incentives once they are awarded to ensure budgeted incentive dollars are actually received. The patented PIMS system is a one of a kind, best-in-class management tool to ensure all incentives are received at their maximum value and are in compliance with all requirements. Custom, real-time reports allow for incentive measurement, compliance and communication.
Site Due Diligence
Site Due Diligence is a necessary and intense practice that, when done right, ensures the site meets the specific requirements of the project. At H&A, we take a boots-on-the-ground approach to the due diligence process by undertaking an extensive evaluation to make certain all aspects of the site are identified and effectively understood.
Engineering
Documenting Facts
Personal Site Visits
Facility Design
Environmental Review
Global Expertise
H&A is strategically positioned to service our clients in every corner of the globe. We have direct experience on every continent providing our first-class advisory services in site selection, public incentive advisory and workplace strategies. Whether the project is in Alabama or Zurich, Australia or Zimbabwe, we have the resources and people in place to ensure success.
A key resource we provide our clients with is our international database of public incentives. With thousands of incentive and grant programs in our proprietary www.incentivedatabase.com, our clients have access to thorough analysis of the financial opportunities available at the national, state, provincial and local levels.
Global growth with
a local presence
Patented tools for our clients
Data Driven
Quick turn-around
Ongoing Management