Specifications include, but are not limited to: 2.4.1. Fiscal Impact Statements The purpose of a Fiscal Impact Statement (“FIS”) is to give notice to anyone who may have a fiscal impact from a new or updated Oregon Administrative Rule. The FIS should therefore describe the purpose of the rule, attempt to identify people or entities the rule will financially affect and to describe, as well as possible, what that financial effect will be. Per the Administrative Procedures Act (APA) manual, DLCD and by association its contractors, is not required to conduct original research. DLCD is required to use available information to identify any significant financial effect of the proposed rule. DLCD is required to identify any persons this proposed rule could affect economically (quantitative estimate of how the proposed rule affects these entities or explain why DLCD cannot make the estimate) including: Small businesses; State agencies; Local governments; and Public. 2.4.2 Housing Impact Statements Oregon Revised Statute (ORS) 183.530 and 183.534 requires DLCD to include in a notice of rulemaking an estimate of the proposed rule's impact on housing costs. The Housing Impact Statement (“HIS”) should provide an estimate of the effect of the proposed rule: • on the cost of development of a 6,000 square foot parcel; and • on the construction of a typical1 1,200 square foot detached single-family dwelling on that parcel. 2.4.3 Statements Identifying How Rule Adoption Will Affect Racial Equity in this State Consistent with House Bill 2993 (2021 Legislative Session) and the associated amendments to ORS 183.335(2)(a)(F), Contractor shall produce a racial equity impact statement (“REIS”). The racial equity statement must address only the effects of the rule. House Bill 2993 does not define “racial equity”, and there is no one meaning of the phrase as a term of art. The ordinary meaning of “racial equity” is treating people of all races fairly, justly, and without bias. A statement of how a rule will affect “racial equity”, means how the rule will affect the fair, just, and unbiased treatment of people of different races. The Department of Justice has produced a Frequently Asked Questions (“FAQ”) about this process which may be made available to the selected Offeror or Offerors.