Financial Analysis of Trans Mountain Corporation
Solicitation number FIN-20200301
Publication date
Closing date and time 2021/02/18 14:00 EST
Last amendment date
Description
In August 2018, the Government of Canada acquired Trans Mountain Corporation (TMC), a wholly owned subsidiary of the Canada Development Investment Corporation (CDEV), with the intention of completing construction of the Trans Mountain Expansion Project (TMX). At the time of acquisition, the Minister of Finance announced that the Government would divest its position in TMC when TMX was completed and de-risked. Separately, during the reinitiated Phase III consultations related to the approval of TMX, many of the impacted Indigenous groups expressed interest in opportunities for greater economic participation in TMX. In response, the Government launched an engagement process on economic participation led by the Department of Finance Canada (the Department), beginning with exploratory discussions in summer 2019 (Step 1).
Nearly all of the 60 Indigenous groups that participated in Step 1 of the Department’s engagement process indicated that additional financial information related to TMC and TMX was required as a precondition of advancing the engagement process. In Step 2, the Department has two objectives: (1) to build a consensus on the form of economic participation preferred by participating Indigenous groups and (2) to identify, or support the formation of, one or more counterparties that could represent them in a future negotiation with Canada. In pursuit of those objectives and in response to feedback received in Step 1, the Department is committed to procuring an independent financial analysis of TMC on their behalf.
In general, the Department’s objective for this contract is to advance Step 2 engagement activities and to support participating Indigenous groups in making informed decisions about participating economically in Trans Mountain and participating in the Department’s engagement process.
Contract award to August 31, 2021.
Contract duration
Refer to the description above for full details.
Trade agreements
-
World Trade Organization Agreement on Government Procurement (WTO GPA)
-
Canadian Free Trade Agreement (CFTA)
Contact information
Contracting organization
- Organization
-
Department of Finance
- Address
-
90 Elgin StreetOttawa, Ontario, K1A0G5Canada
- Contracting authority
- LeBlanc, Brian
- Phone
- 613-793-8140
- Email
- brian.leblanc5@canada.ca
- Address
-
90 Elgin StreetOttawa, ON, K1A 0G5CA
Buying organization(s)
- Organization
-
Department of Finance
- Address
-
90 Elgin StreetOttawa, Ontario, K1A0G5Canada
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 |
---|---|---|---|---|
20200301_-_002_-_en.pdf | 002 |
English
|
26 | |
20200301_-_002_-_fr.pdf | 002 |
French
|
3 | |
fin-20200301_-_qa.pdf |
English
|
14 | ||
fin-20200301_-_qa.pdf |
French
|
14 | ||
rfp-20200301_-_en.pdf | 000 |
English
|
111 | |
rfp-20200301_-_fr.pdf | 000 |
French
|
6 |
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