ON-0002190 - Second CUDIC Accounting Standby Provider
Solicitation number BC185324
Publication date
Closing date and time 2024/02/29 17:00 EST
Last amendment date
Description
The purpose of this Request for Proposal (“RFP”) is to advise the business community of BCFSA’s intention to select a second qualified proponent to establish a standby agreement with BCFSA to complement its internal staff in the continuous improvement and application of the operational payout plan. The continuous improvement and application of the operational payout plan includes:
The contract will have a total contract value of $250,000.00 to be used for standby activities completed over the 3-year term. The budget will be drawn down through deliverables provided by the Contractor in the continuous improvement and application of the operational payout plan.
In the event of a credit union failure services will be paid on an hourly rate basis and separate from the standby fees.
Further details as to the scope of this opportunity and the requirements can be found within this RFP.
- Securing qualified personnel in sufficient number that can be called on short notice to perform the various payout procedures at the time of failure;
- providing accounting expertise in execution and determination of deposit insurance payments;
- Supporting the creation, testing, and maintenance of payout technology;
- Researching payout best practices that could be applied to the operational payout plan;
- Performing and participating in testing, tabletop and simulation exercises; and,
- Creation and/or maintenance of policy and procedures.
The contract will have a total contract value of $250,000.00 to be used for standby activities completed over the 3-year term. The budget will be drawn down through deliverables provided by the Contractor in the continuous improvement and application of the operational payout plan.
In the event of a credit union failure services will be paid on an hourly rate basis and separate from the standby fees.
Further details as to the scope of this opportunity and the requirements can be found within this RFP.
Contract duration
The estimated contract period will be 36 month(s).
Trade agreements
-
Please refer to tender description or tender documents
Contact information
Contracting organization
- Organization
-
BC Financial Services Authority
- Contracting authority
- Peter Mountstevens
- Email
- Peter.Mountstevens@bcfsa.ca
Bidding details
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