Canada Mortgage and Housing Corporation (“CMHC”) wishes to enter into three separate contracts with a single vendor (hereafter referred to as the “proponent”) for providing the services described below (collectively referred to as the "Agreements"):Central Payor & Transfer Agent ("CPTA") to administer the activities outlined in the NHA Mortgage-Backed Securities Guide 2018, which is available on the CMHC website at [?] (the "NHA MBS Guide").Central Paying Agent ("CPA") to act as paying agent in respect of the Canada Mortgage Bonds Program (the "CMB Program") for and on behalf of the Canada Housing Trust™ No. 1 ("CHT"). CHT is a trust domiciled in Ontario that purchases eligible housing loans or securities issued on the basis of eligible housing loans and issues bonds.Custodian (the "Custodian") to act as a custodian of all required documents, securities and collateral documentation in relation to the CMB Program.With this RFP CMHC is seeking prospective proponents to submit proposals for (i) CPTA for the NHA MBS Program and (ii) CPA and Custodian for the CMB program, as further described in Section A and B of the RFP Specifications (Appendix C). With respect to the role of the CPA and Custodian, CMHC, as Financial Services Advisor to the Trust, is administering this RFP on behalf of the Trust and CIBC Mellon Trust Company, as Trustee.It is CMHC’s intention to enter into the Agreements with a single selected proponent on a non-exclusive basis such that CMHC acknowledges the successful proponent may act as a paying and transfer agent or custodian to third parties provided that the proponent is performing its obligations under the Agreements as set out therein. The term of each of the three agreements resulting from this RFP is to be for a period of five (5) years with an option to extend the agreement on the same terms and conditions for an additional term of up to three (3) years.
