Request for Proposals (RFP) – Economic Capital (ECAP) Solution
Solicitation number 2019-OM-002
Publication date
Closing date and time 2020/01/13 15:00 EST
Description
Request for Proposals (RFP) – Economic Capital (ECAP) Solution
About Farm Credit Canada (FCC): FCC is Canada’s leading agriculture lender, with a healthy portfolio of more than $36 billion. Our employees are dedicated to the future of Canadian agriculture and its role in feeding an ever-growing world. We provide flexible, competitively priced financing, management software, information and knowledge specifically designed for the agriculture and agri-food industry. As a self-sustaining Crown corporation, our profits are reinvested back into the agriculture and food industry we serve and the communities where our customers and employees live and work while providing an appropriate return to our shareholder. For more information, visit www.fcc.ca or follow us on Facebook, LinkedIn, Instagram and on Twitter @FCCagriculture.
RFP Scope:
FCC is reviewing its approaches to determining capital requirements (both economic and regulatory). The objective of this RFP is to explore the outsourced solutions available in the market to ensure FCC is employing an approach that meets its business needs and aligns with industry practices commensurate with FCC’s size and level of complexity.
The primary objective will be a solution applicable to credit risk, with a secondary objective being a solution applicable to market and operational risk, as well as risk aggregation and diversification. The solution needs to attribute risk capital (particularly for credit risk) at a granular level (e.g. loan, customer).The solution must meet the intended objectives and business needs described within the RFP document. The proposed solution could be a software, a service, or a combination of the two.
RFP Schedule:
RFP issue date: December 10, 2019
Vendor questions accepted until: December 27, 2019
RFP closing date and time: January 13, 2020 at 2:00 PM
RFP Process Considerations
Vendors should note that:
this opportunity notice references a non-binding, competitive RFP, not a call for tenders. FCC is not obligated to proceed with the work described in the RFP scope, and may cancel the RFP at any time.
FCC’s procurement process allows for negotiation between FCC and one or more vendors, prior to awarding a contract.
Requesting the RFP Document:
Capable vendors who are interested in receiving a copy of the RFP document are to contact:
Owen McNamara
Corporate Procurement Manager
Farm Credit Canada
Note: Vendors do not receive the RFP document by registering for the list of interested suppliers (“LIS”) on buyandsell.ca. Vendors must request the RFP document through FCC’s designated RFP contact.
Contract duration
Refer to the description above for full details.
Trade agreements
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Canadian Free Trade Agreement (CFTA)
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Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
Contact information
Contracting organization
- Organization
-
Farm Credit Canada
- Address
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1800 Hamilton StreetRegina, Saskatchewan, S4P 4L3Canada
- Contracting authority
- McNamara, Owen
- Email
- procurement@fcc-fac.ca
- Address
-
1800 Hamilton StreetRegina, SK, S4P 4L3CA
Buying organization(s)
- Organization
-
Farm Credit Canada
- Address
-
1800 Hamilton StreetRegina, Saskatchewan, S4P 4L3Canada
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.