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Third-Party Risk Intelligence Platform

Solicitation number RFP 26-113

Publication date

Closing date and time 2026/08/07 13:00 EDT

Status Status Open

Description
Export Development Canada (EDC) is seeking Proposals for a Third-Party Risk Intelligence Platform (the “Platform”) and related services to support and enhance EDC’s Third-Party Risk Management (TPRM) activities. The Platform is intended to provide quantitative and qualitative intelligence (including GenAI-enabled capabilities where available) to help identify, assess, and monitor risks associated with third parties across the engagement lifecycle.
EDC’s TPRM function supports risk-based oversight of third parties used to deliver EDC programs and operations.  Currently, EDC does not have a dedicated platform that can provide objective intelligence to complement internal assessments and questionnaires.
EDC is seeking to enhance its ability to obtain objective, external-facing intelligence to complement internal assessments and questionnaires, and to improve ongoing residual risk monitoring. The desired solution provides risk scores, evidence, and insights sourced from reputable data sets (e.g., public, government, academic, and/or commercial sources) and supports rapid identification of emerging risks and material changes in third-party risk posture.
EDC operates an enterprise workflow platform for TPRM. EDC intends to integrate risk intelligence outputs into that environment. The Supplier is not required to implement the ServiceNow integration; however, the Supplier shall provide integration-ready capabilities and support EDC and/or EDC’s designated implementor to complete the integration.

    Bidding and Documents are available on http://www.merx.com. Fees may apply; See https://www.merx.com/public/pricing for more information.

    Contract duration

    The estimated contract period will be 36 month(s).

    Trade agreements

    • Canadian Free Trade Agreement (CFTA)
    • Canada-European Union Comprehensive Economic and Trade Agreement (CETA)

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    Contact information

    Contracting organization

    Organization
    Export Development Canada - EDC
    Address
    150 Slater
    Ottawa, Ontario, K1A 1K3
    Canada
    Contracting authority
    Stephen Marin
    Phone
    (613) 597-8863
    Email
    smarin@edc.ca
    Bidding details

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    Summary information

    Language(s)
    English, French
    Contract duration
    36 month(s)
    Procurement method
    Competitive – Open Bidding

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