Explanation
BACKGROUND: The Columbus Department of Development is proposing to enter into a Downtown Office Incentive Agreement with Telco Pros Inc., doing business as TPI Efficiency.
Telco Pros Inc., doing business as TPI Efficiency, is a Cleveland, Ohio-based consulting firm assisting commercial businesses in long term, strategic purchasing initiatives. These include LED lighting upgrades and other "green" technologies, such as green power. Utilizing the “Total Procurement Intelligence (TPI) Process” to vet supplier quality and competitiveness, the firm manages their clients’ operating costs and dynamic needs for electricity, natural gas, LED lighting, telecommunications, merchant card services, waste disposal and other third-party operating services.
Founded in 2009, Telco Pros Inc. has quickly grown from a single owner/operator business to employing over 30 full-time procurement experts. In fact, in August of 2016 Inc. Magazine ranked TPI Efficiency No. 691 on its 35th annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. TPI was named top 4 in Cleveland and top 18 overall in Ohio companies.
Telco Pros Inc. intends to lease, renovate, and occupy approximately 1,960 square feet of office space at 274 Marconi Blvd., Suite 210, Columbus, Ohio 43215 (“Project Site”) in the Arena District. The establishment of this sales and customer support office will support projected growth and provide access to a diverse and talented pool of prospective employees. Telco Pros Inc. will invest approximately $40,000 related to leasehold improvements and equipping the Project Site. Telco Pros Inc. anticipates retaining and relocating 5 existing full-time permanent positions with an associated annual payroll of approximately $360,000 and expects to create 12 new full-time permanent positions with an associated annual payroll of approximately $800,000.
Telco Pros Inc. is requesting a Downtown Office Incentive from the City of Columbus t...
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