Contract extension for EvalueServe OCR Spreadsmart Solution

Status Awarded

Amendment value :

CAD 1,672,405.00

Solicitation number EXCPT0001800_CNTR0027733

Publication date

Contract award date


    Description
    This contract was awarded to:
    ACTICO CORP.
    In June 2023, BDC awarded a two-year contract to Actico Corp. for an EvalueServe Spreadsmart solution (OCR) through a single source negotiation (EXCPT0001653), covering the period from June 1, 2023 to May 31, 2025.

    In May 2025, the contract was extended for an additional three years, through another single source negotiation (EXCPT0001800_CNTR0027733, effective from June 1, 2025 to May 31, 2028, with two additional one-year renewal options, the contract could potentially be extended until May 31, 2030. BDC intends to reassess the market in the coming years for the acquisition of similar goods.
    Business address
    111 W. JACKSON BLVD.SUITE 1700
    CHICAGO, Illinois, 60604
    United States
    Procurement method
    Non-Competitive
    Language(s)
    French
    ,
    English

    Contract duration

    The contract will be for a period of 60 month(s), from 2025/06/01 to 2030/05/31.

    Trade agreements

    • Canadian Free Trade Agreement (CFTA)
    • Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
    Contact information

    Contracting organization

    Organization
    Business Development Bank of Canada
    Address
    5, Place Ville-Marie
    Montréal, Quebec, H3B 5E7
    Canada
    Contracting authority
    Micheline Wakim
    Phone
    514-283-4323
    Email
    Micheline.WAKIM@bdc.ca