DEFINED BENEFIT PENSION PLAN ADMINISTRATION AND RECORDKEEPING

Request for Proposals (RFP) – Public Notice

RFP 2021-NB-007 DEFINED BENEFIT PENSION PLAN ADMINISTRATION AND RECORDKEEPING 

About Farm Credit Canada (FCC):

FCC is Canada’s leading agriculture and food lender, with a healthy loan portfolio of more than $41 billion. Our employees are dedicated to the future of Canadian agriculture and food. We provide flexible, competitively priced financing, management software, information and knowledge specifically designed for the agriculture and food industry. As a self-sustaining Crown corporation, we provide an appropriate return to our shareholder, and reinvest our profits back into the industry and communities we serve. For more information, visit fcc.ca. 

RFP Scope: 

FCC is looking for a service provider to provide full administration and recordkeeping services for a Defined Benefit (DB) Pension Plan. FCC has a complex DB provision, which includes two supplemental plans. The DB Pension Plan Administrator will be accountable, with FCC guidance, to administer the plans as per the Pension Plan Text and Provisions. 

For clarity, Defined Contribution Pension Plan Administration is out of scope for this RFP. 

RFP Schedule: 

• RFP issue date: July 2, 2021 

• Vendor questions accepted until: July 13, 2021 at 2:00PM* 

• RFP closing date and time: Aug 13, 2021 at 2:00 PM*

*Central Standard Time (CST)- Saskatchewan, Canada Time zone 

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:

Nichole Bourgeois 

Procurement and Vendor Manager 

Farm Credit Canada

procurement@fcc.ca 

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.