New York City, NY – Local Content, a U.S.-based compliance technology and deployment company, and Canadian-based NetBenefit Software, a leading software company, are proud to announce a strategic partnership in local content and domestic content measurement, reporting, and compliance. This partnership combines the organization’s expertise and experience to create a robust framework advancing compliance monitoring, small business contracting growth, job creation, meaningful community benefit investments, and stakeholder engagement. Public-private infrastructure development projects such as offshore wind, civil construction, manufacturing, commercial real estate, and sports & entertainment venues like professional stadiums, arenas, and casino projects must ensure that a percentage (often 20% – 40%) of goods, services, workforce, and community benefit investments from these projects are sourced from local and/or domestic small businesses and taxpayers. By doing so, development projects are awarded operational licenses, contracts, public funding, and/or tax incentives from various levels of government.

Both firms will be providing expanded solutions to support the full life cycle of infrastructure development projects that include:

• Site Selection and Feasibility
• Permitting and Approvals
• Design and Engineering
• Financing
• Procurement and Contracting
• Construction and Installation

Local Content and NetBenefit’s expanded solutions will increase market competitiveness and compliance execution for investors, developers, original equipment manufacturers (OEMs), prime contractors, and trade associations who desire to provide data-based reassurance to regulators and taxpayers of the benefits of their infrastructure projects. When executed and communicated correctly, local and domestic content requirements deliver tangible economic value to improve the quality of life for all local communities.

Since 2005, NetBenefit Software has utilized its proven framework to track millions of data points, simplifying the measurement and reporting of key project metrics for contractors, subcontractors, and suppliers. The Local Content team brings decades of experience in commercial, technology, and community development and compliance across all local content key performance indicators (KPIs).  The groundbreaking partnership between NetBenefit and Local Content marks a significant step forward in achieving compliance with mandates related to local and domestic content, climate change, and environmental justice, ensuring continuous capacity building and real-time monitoring of key performance indicators.

Key Elements of the partnership include:

I. Enhanced Market Trust Through Technological Integration: NetBenefit Software will expand their real-time compliance data solutions, enhancing regulatory and stakeholder trust with integrated data systems that ensure compliance throughout all stages of development projects.  This includes automating local content data collection for prime contractors and subcontractors, managing mandated certifications for small businesses and partners, and providing 24/7 monitoring of local content levels across projects.

II. Local Content Ratings: A public transparency and compliance rating system for development projects that is designed to assure regulators and taxpayers that projects are actively contributing to local job creation, contracting small businesses, making tangible community benefit investments, and maintaining community-led stakeholder engagement. Ratings directly reflect a project’s public reporting mandates.

III. Local Content Certification: Identifies and verifies the state or country where small businesses and nonprofit organizations are registered to conduct business. This enhances economic opportunities and access to projects with local content requirements, including those within domestic and international government and the private sector.

IV. Local Content Insights:  Analyzing taxpayer public sentiment is as crucial as conducting feasibility, environmental, public policy, or zoning analyses.  Taxpayer sentiment can accelerate or terminate development projects. Local Content Insights determine taxpayers’ positive, negative, or neutral opinions about investors, developers, projects, and industry, tailoring assessments to custom geographic boundaries (i.e., town, city, county, state, and country).  

V. Local Content and Domestic Content Week (February 17 – 24, 2025): This compliance solution is dedicated to celebrating the people, places, and projects that achieve local and domestic content transparency and compliance. These efforts not only advance the goals of investors and developers across industries but also enhance the quality of life for taxpayers.  In-person and virtual activations will take place across the U.S., including California, Connecticut, Delaware, Illinois, Louisiana, Maine, Maryland, Massachusetts, New Jersey, New York, Puerto Rico, Texas, Virginia, and Washington D.C.

Matt Adams, CEO | NetBenefit Software

“We are thrilled to partner with the team at LocalContent.com to standardize the accurate, efficient data collection and reporting of local content information. This partnership ensures data transparency and maximizes project benefits for all stakeholders, driving meaningful changes in infrastructure development within local communities,”

Brian Moore, Director, Global Markets | LocalContent.com

“Local content and domestic content requirements are integral to nearly every public-private development project. Without a record of past performance or a documented local content and domestic content strategy, project owners, prime contractors, and subcontractors considerably reduce their chances of securing and maintaining government funding and tax incentives, impacting funding for capital, operations, and research and development. Our expanded partnership with NetBenefit’s world-class software simplifies management for the industry, provides additional reassurance to taxpayers and regulators, and improves the quality of life for local youth and families.

In addition to simplifying compliance management of supply chain, workforce, and community benefit reporting, Local Content guarantees the integration of compliance data related to environmental justice and disadvantaged communities across rural, suburban, and urban markets, aimed at 100% alignment with climate change laws and local content requirements.”

All parties interested in learning more about the partnership are encouraged to schedule a free 30-minute consultation at localcontent.com or netbenefit.com.

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About Local Content: Local Content is a compliance technology and deployment company. Local Content specializes in infrastructure local content measurement, reporting, and compliance solutions. LocalContent.com and DomesticContent.com are owned and operated by Local Content. www.localcontent.com

About NetBenefit Software: NetBenefit Software is a software company specializing in socioeconomic impact data tracking based in St. John’s, Newfoundland, Canada. The company has tracked local content and socioeconomic impact for mega projects and global companies for 18 years. www.netbenefitsoftware.com