Standard & Poor’s Rating Direct Global Issuers 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 the provision of Standard and Poor’s Ratings Direct Global Issuers for all regions user access and library research subscription services for the Toronto office. The purpose of this Advance Contract Award Notice (ACAN) is to signal the government's intention to award a contract for these services to Standard and Poor’s. 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 deliver Standard and Poor’s Ratings Direct Global Issuers for all regions and Library Research services, on a monthly basis, to the Toronto office of the Office of the Superintendent of Financial Institutions.

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) OR Agreement on Internal Trade (AIT)
• Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
• World Trade Organization – Agreement on Government Procurement (WTO-GPA)

5. Justification for the Pre-Selected Supplier

These subscriptions and right-of-use services belong to Standard and Poor's.

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 one (1) year, with one (1) option to extend the contract for up to a period of one (1) year.

9. Cost estimate of the proposed contract

The estimated value of the contract, including the option periods, is $525,000.00 USD (No taxes included).

10. Name and address of the pre-identified supplier

S&P Global Market Intelligence
130 King Street West, Suite 1309
Toronto, ON M5X1E5
Canada

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 August 25, 2023 at 2:00 p.m. (EST).

13. Inquiries and submission of statements of capabilities

Inquiries and statements of capabilities are to be directed to:

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