Actuarial Services Export for the annual audit of Export Development Canada
Solicitation number 395
Publication date
Closing date and time 2023/07/24 14:00 EDT
Last amendment date
Description
The OAG requires a Contractor to provide actuarial consulting services to help the audit team complete the annual audit of Export and Development Canada. In accordance with the requirements of Canadian Auditing Standard (CAS) 620 – Using the Work of an Auditor’s Expert, the Contractor will review the work of EDC Actuaries to assess the reasonableness of the estimates, methodology and assumptions in valuing the premium and claims liabilities, including any reinsurance related assets and liabilities, presented and disclosed in the EDC financial statements for the years ending 31 December 2023 (with assurance on comparative figures for IFRS 17 adoption), 2024, 2025, with an option to extend for the year ending 2026.
The Contractor, as a consulting actuary, will provide appropriate assurance that the premium and claims liabilities, including any reinsurance related assets and liabilities, and some related disclosures are reasonable within the context of the financial statements and are in accordance with IFRS and the Canadian Institute of Actuaries (CIA) Standards.
This requirement is intended to result in the award of one (1) contract.
Contract duration
The estimated contract period will be 36 month(s), with a proposed start date of 2023/09/01.
Trade agreements
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Canada-Chile Free Trade Agreement (CCFTA)
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Canada-Colombia Free Trade Agreement
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Canada-Panama Free Trade Agreement
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Canada-Honduras Free Trade Agreement
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Canada-Korea Free Trade Agreement (CKFTA)
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Canadian Free Trade Agreement (CFTA)
Reason for limited tendering
A contracting officer can use limited tendering for specific reasons outlined in the applicable trade agreements. The reason for this contract is described below:
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None
Contact information
Contracting organization
- Organization
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Office of the Auditor General of Canada
- Address
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240 Sparks Street
Ottawa, Ontario, K1A 0G6Canada
- Contracting authority
- Michel Daoud
- Phone
- (613) 952-0213
- Email
- suppliers@oag-bvg.gc.ca
- Address
-
240 Sparks Street
240 Sparks Street, Ontario, K1A 0G6Canada
Bidding details
Full details regarding this tender opportunity are available in the documents below. Click on the document name to download the file. Contact the contracting officer if you have any questions regarding these documents.
Document title | Amendment no. | Language | Unique downloads | Date added |
---|---|---|---|---|
rfp_395-_npp-_en.pdf | 001 |
English
|
4 | |
rfp_395_npp_fr.pdf | 001 |
French
|
3 |
Access the Getting started page for details on how to bid, and more.