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RFP 412: Stream 3A, Financial Instruments Valuation – Farm Credit Canada

Solicitation number 412

Publication date

Closing date and time 2024/01/10 16:00 EST

Last amendment date


    Description

    This requirement is open only to those Audit and Related Services Supply Arrangement (SA) Holders who qualified under Stream 3A – Financial Instrument Valuation under the SA369 series of SAs. The following SA Holders have been invited to submit a bid:

    1. BDO Canada LLP
    2. Deloitte LLP
    3. Ernst & Young LLP
    4. KPMG LLP
    5. PricewaterhouseCoopers LLP

    Description of Requirement:

    The Office of the Auditor General of Canada (OAG) performs an annual audit of the consolidated financial statements of Farm Credit Canada (FCC) prepared in accordance with International Financial Reporting Standards (IFRS).
    The OAG requires a Contractor to provide professional services to assist the OAG audit team in conducting the audit work of some of the models for the ACL calculation. Both economic and modelling expertise is required by the audit team, preferably related to the agriculture industry, within the context of financial instruments/loan impairment methodology. In accordance with the requirements of CAS 620—Using the work of an auditor’s expert, the Contractor will review the work of FCC to assess the reasonableness of the models used.
    This requirement is intended to result in one (1) contract.

    Level of Security:

    Resource Minimum Security Level Required - Reliability

    The work performed under this Contract will be at the Reliability Status and the deliverables associated with the completion of the work detailed in this document will be up to Protected A.

    Applicable Trade Agreements:

    The requirement is subject to the provisions of the Canadian Free Trade Agreement (CFTA), and the Canada–Korea Free Trade Agreement.

    Proposed period of contract:

    The proposed period of contract shall be from 12 February 2024 to 30 June 2024.

    File Number: RFP 412
    Contracting Authority: Beth Cooper
    E-Mail: suppliers@oag-bvg.gc.ca

    Note: The Audit and Related Services Request for Supply Arrangement is an ongoing opportunity for qualification solicitation. For suppliers who wish to find out how they can become a qualified supply arrangement holder, please see the ongoing opportunity for qualification solicitation posted on CanadaBuys: https://canadabuys.canada.ca/en/tender-opportunities/tender-notice/cb-4….

    Contract duration

    The estimated contract period will be 5 month(s).

    Trade agreements

    • Please refer to tender description or tender documents

    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:

    • None

    Partner with another business

    The functionality to add your company name to the list of interested businesses is temporarily unavailable.

    This list does not replace or affect the tendering procedures for this procurement process. Businesses are still required to respond to bid solicitations, and to compete based on the set criteria. For more information please read the Terms of use.

    Contact information

    Contracting organization

    Organization
    Office of the Auditor General of Canada
    Address

    240 Sparks Street

    Ottawa, Ontario, K1A0G6
    Canada
    Contracting authority
    Beth Cooper
    Phone
    (613) 952-0213
    Email
    suppliers@oag-bvg.gc.ca
    Address

    240 Sparks Street

    Ottawa, Ontario, K1A0G6
    Canada
    Bidding details

    Details for this tender opportunity are provided in the Description tab.

    Please contact the contracting officer to get the full solicitation documentation, access information on how to bid, or if you have any questions regarding this tender opportunity.

    Note that there may be fees to access the documents or bid. These should be outlined in the Description tab.

    We recommend that you contact the contracting officer as soon as possible, as there may be deadlines for receiving questions.

    Eligibility and terms and conditions

    Government of Canada tender and awards notices, solicitation documents, and other attachments are fully accessible and available free of charge and without having to register on CanadaBuys.

    Information may be available on another source prior to being available on CanadaBuys. You may have received this information through a third-party distributor. The Government of Canada is not responsible for any tender notices and/or related documents and attachments not accessed directly from CanadaBuys.canada.ca.

    Government of Canada tender or award notices carry an OpenGovernment License - Canada that governs its use. Related solicitation documents and/or tender attachments are copyright protected. Please refer to our terms and conditions page for more information.

    Summary information

    Notice type
    RFP against Supply Arrangement
    Language(s)
    English
    Region(s) of delivery
    Canada
    Region of opportunity
    National Capital Region (NCR)
    Contract duration
    5 month(s)
    Procurement method
    Competitive – Selective Tendering
    Selection criteria
    Highest Combined Rating of Technical Merit and Price
    Commodity - UNSPSC
    Click the links below to see a list of notices associated with the UNSPSC.

    Support for small and medium businesses

    If you have questions about this tender opportunity, please contact the contracting officer, whose information is found in the Contact information tab. 

    Refer to our Support page if you need help or have questions about the government procurement process, including how to bid or how to register in SAP Ariba. You can also contact Procurement Assistance Canada, which has offices across Canada.

     

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