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Office of the Auditor General of Canada

DDP 426 : Volet 3A, Évaluation d’instruments financiers – Office d’investissement des régimes de pensions du secteur public (l’Office)

Request for Proposal (RFP)
Estimated value
Not disclosed
Deadline
January 21, 2025
Published
January 6, 2025
Type
Services
Explore similarFinancial and Insurance ServicesOntario
Awarded
This contract has been awarded. Details are drawn from the federal award notice for this solicitation.
Winning supplier
Deloitte LLP
Award date
2025-02-27
Supplier location
Toronto, On
Request for Proposal

Full 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 (OAG), along with Deloitte LLP as joint auditors, are required to perform an annual audit of the financial statements of Public Sector Pension Investment Board (PSPIB).
The OAG requires a Contractor to assist the OAG in the audit of the fair value of financial instruments including derivatives investments, private debt securities as well as any other investments requiring the expertise of valuation specialists. The objective of the contract is to engage a Contractor to provide the OAG audit team with this required expertise for the year ending 2025, with options to extend for the years ending 2026 and 2027.

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), the Canada–Chile Free Trade Agreement, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Canada–Colombia Free Trade Agreement, the Canada-European Union Comprehensive Economic and Trade Agreement (CETA), the Canada–Honduras Free Trade Agreement, the Canada–Korea Free Trade Agreement, the Canada–Panama Free Trade Agreement, the Canada-Peru Free Trade Agreement, the Canada-Ukraine Free Trade Agreement, the Canada-United Kingdom Trade Continuity Agreement, and the World Trade Organization-Agreement on Government Procurement (WTO-AGP).

Proposed period of contract:

The proposed period of contract shall be from Contract award to 31 October 2025 with two (2) additional one (1) year option periods.

File Number: RFP 426
Contracting Authority: Beth Cooper
E-Mail: s••••••••@•••••••.••.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/…

AI Analysis

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Basic information

Reference
cb-987-13400439
Solicitation no.
426
Buyer
Office of the Auditor General of Canada
Notice type
Request for Proposal
Method
Competitive - Selective tendering
Procurement category
*SRV
Trade agreements
*Canada-Ukraine Free Trade Agreement (CUFTA) *Canada-Chile Free Trade Agreement (CCFTA) *Canada-Panama Free Trade Agreement *Canada-Korea Free Trade Agreement (CKFTA) *Canadian Free Trade Agreement (CFTA) *Canada-Honduras Free Trade Agreement *Canada-Colombia Free Trade Agreement *Canada-Peru Free Trade Agreement (CPFTA) *World Trade Organization Agreement on Government Procurement (WTO GPA) *Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) *Canada-European Union Comprehensive Economic and Trade Agreement (CETA) *Canada-UK Trade Continuity Agreement (Canada-UK TCA)
Estimated value
Not disclosed
Source
canadabuys

Classification & terms

UNSPSC
UNSPSC 84000000 — Financial and Insurance Services

Delivery & regions

Province
Ontario
Regions of delivery
*National Capital Region (NCR)
Contract term
February 17, 2025 → October 31, 2025

Key dates

Published
January 6, 2025
Closes
January 21, 2025
Amendment no.
001

Likely incumbents

(5)

Suppliers who have won similar work from this buyer before.

  1. 1
    PricewaterhouseCoopers LLP
    3 contracts won· latest March 5, 2024
    CAD $255.7K
    total awarded
  2. 2
    Deloitte LLP
    2 contracts won· latest March 6, 2024
    CAD $193.4K
    total awarded
  3. 3
    KPMG LLC
    1 contract won· latest January 23, 2024
    CAD $110.5K
    total awarded
  4. 4
    Raymond Chabot Grant Thornton Consulting Inc.
    1 contract won· latest April 25, 2025
    CAD $83.9K
    total awarded
  5. 5
    Samson & Associates CPA/Consultation Inc.
    1 contract won· latest April 15, 2025
    CAD $55.9K
    total awarded

PricewaterhouseCoopers LLP is the most likely incumbent, based on how often and how recently they have won this buyer’s work in this category. To displace them, expect to need a clearly stronger proposition or price.

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