Global Intel Data Subscription

Title: Global Intel Data Subscription

1. Advance Contract Award Notice (ACAN)

An ACAN is a public notice indicating to the supplier community that a department or agency intends to award a contract for goods, services or construction to a pre-identified supplier, thereby allowing other suppliers to signal their interest in bidding, by submitting a statement of capabilities. If no supplier submits a statement of capabilities that meets the requirements set out in the ACAN, on or before the closing date stated in the ACAN, the contracting officer may then proceed with the award to the pre-identified supplier.

2. Definition of the requirement

The Office of the Superintendent of Financial Institutions Canada (OSFI) has a requirement for access to databases on real asset investments. The purpose of this Advance Contract Award Notice (ACAN) is to signal the government's intention to award a contract for these services to Investment Property Databank Limited (MSCI). Before awarding a contract, however, the government would like to provide other suppliers with the opportunity to demonstrate that they are capable of satisfying the requirements set out in this Notice, by submitting a statement of capabilities during the 15 calendar day posting period.

If other potential suppliers submit a statement of capabilities during the 15 calendar day posting period that meet the requirements set out in the ACAN, the government will proceed to a full tendering process on either the government's electronic tendering service or through traditional means, in order to award the contract.

If no other supplier submits, on or before the closing date, a statement of capabilities meeting the requirements set out in the ACAN, a contract will be awarded to the pre-selected supplier.

3. Criteria for assessment of the Statement of Capabilities (Minimum Essential Requirements)

Any interested supplier must demonstrate by way of a statement of capabilities that it meets the following requirements:

• Ability to provide investment performance data for real assets investments, including but not limited to real estate, infrastructure and other categories of real asset investments (e.g. natural resources, energy & renewable resources, timber, etc.)
• Ability to provide multiple user licenses to Investment Property Database (“IPD”) indices
• Data indices that track the global performance of real assets and can be segmented by region, sector and other key metrics
• A robust data standards program in place to ensure quality and consistent investment performance reporting across real asset classes.

4. Applicability of the trade agreement(s) to the procurement

This procurement is subject to the following trade agreement(s)
• Canadian Free Trade Agreement (CFTA)
• Revised World Trade Organization - Agreement on Government Procurement (WTO-AGP)
• Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
• Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
• Canada-Chile Free Trade Agreement (CCFTA)
• Canada-Colombia Free Trade Agreement
• Canada-Honduras Free Trade Agreement
• Canada-Korea Free Trade Agreement
• Canada-Panama Free Trade Agreement
• Canada-Peru Free Trade Agreement (CPFTA)
• Canada-United Kingdom Trade Continuity Agreement (Canada-UK TCA)
• Canada-Ukraine Free Trade Agreement (CUFTA)
5. Justification for the Pre-Selected Supplier

For more than 40 years, MSCI has been collecting data from investors across 32 countries and have created one of the most extensive private real asset databases in the world. The large dataset and country representation will allow for a better analysis of historical risk premia. MSCI is the main provider used by large institutional investors, asset managers, banks, custodians and investment consultants around the world. It therefore has a strong reputation and credibility within the industry, and robust consistent data methodologies. PSP Investments and CPP Investment Board use MSCI as a data provider and are among the largest pension funds in the world. The Treasury Board Secretariat, which acts as the plan sponsor for the PSPPs, also uses MSCI as a data provider. Using the same data provider as our stakeholders can support our analysis and discussions with them.

6. Government Contracts Regulations Exception(s)

The following exception to the Government Contracts Regulations is invoked for this procurement under subsection 6(d) - "only one person is capable of performing the work".

7. Ownership of Intellectual Property

Ownership of any Foreground Intellectual Property arising out of the proposed contract will vest in the Contractor.

8. Period of the proposed contract or delivery date

The proposed contract is for a period of 1 year from March 25, 2024 to March 24, 2025 with 5 options to extend the contract for up to a period of 1 year each.

9. Cost estimate of the proposed contract

The estimated value of the contract is $363,914.72 USD (HST extra).

10. Name and address of the pre-identified supplier

Investment Property Databank Limited
1600-311 S Wacker Dr
Chicago IL, 60606
Phone: 1-212-804-3996

11. Suppliers' right to submit a statement of capabilities

Suppliers who consider themselves fully qualified and available to meet the specified requirements may submit a statement of capabilities in writing to the Contracting Authority identified in this Notice on or before the closing date of this Notice. The statement of capabilities must clearly demonstrate how the supplier meets the advertised requirements.

12. Closing date for a submission of a statement of capabilities

The closing date and time for acceptance of Statements of Capabilities is March 20, 2024 at 2:00 p.m. (EDT).

13. Inquiries and submission of statements of capabilities

Inquiries and statements of capabilities are to be directed to:

Andrew Bryant
Contracting Officer
e-mail: contracting@osfi-bsif.gc.ca
255 Albert St. 12th floor
Ottawa, Ontario K1A 0H2