ABOUT FCC
FCC is Canada’s leading agriculture and food lender, dedicated to the industry that feeds the world. FCC employees are committed to the long-standing success of those who produce and process Canadian food by providing flexible financing, AgExpert business management software, information and knowledge. FCC provides a complement of expertise and services designed to support the complex and evolving needs of food businesses. As a financial Crown corporation, FCC is a stable partner that reinvests profits back into the industry and communities it serves. For more information, visit fcc.ca.
RFI CONTACT
Dhruv Bhatt
Procurement and Vendor Manager
Farm Credit Canada
p••••••••@•••.ca
RFI SCOPE
The FCC Ventures team currently does not have a system solution for housing and managing our fund investments and the planned direct investment expansion. Today, information is managed through externally received reports, Excel spreadsheets, manual accounting entries and cashflow management, and manually created performance management and internal reporting. FCC is looking for potential solutions that would fulfill ‘system of record’ needs for items such as deal pipeline, investment transactions over the life of the investment (commitments, calls, distributions, valuations, etc), payment processing, workflows, performance measurement, reporting, cashflow forecasting, customer information and policy and risk limit management. Any potential system solution should enable capture of investments related to an external fund portfolio (tracking of GP, mgmt fees, carry, waterfall, committed capital, etc) as well as individual deal and customer information specific to FCC direct investment in companies and the management and administration of the key components/transactions related to these investments. Potential system solutions should easily integrate with other FCC systems, most importantly FCC’s SAP general ledger as well as Microsoft products.
RFI SCHEDULE
RFI Release Date: August 1,2023
Proponent Questions Accepted Until: August 11, 2023 2:00 PM CST (SK time)
FCC Response to Proponent Questions Delivered Before: August 22, 2023 5:00 PM CST (SK time)
RFI Closing Date/Time: August 30 ,2023 2:00 PM CST (SK time)
NOTE: All times are CST – Saskatchewan. The above dates are subject to change at the sole discretion of FCC. Any changes to the RFI Schedule will be communicated to all Proponents via amendment on MERX.
RFI PROCESS CONSIDERATIONS
FCC is subject to the Official Languages Act (Canada). Proponents may choose to respond to this RFI in their official language of choice (English or French).
This opportunity notice references an RFI only, not a call for tenders. FCC does not intend to award a contract as a direct result of this RFI and is only seeking to identify vendors with suitable experience and expertise for potential consideration in future opportunities.
MERX ELECTRONIC BIDDING SYSTEM
This Request for Proposals (RFI), including any attachments and amendments to such RFI, is available for download by the Proponent on MERX. MERX is a Canadian Public Tenders electronic bidding system accessible at https://www.merx.com. It is the sole responsibility of the Proponent to ensure its compatibility with MERX.
Proponent proposals MUST be submitted electronically through MERX, preferably in a PDF or MS Word file, prior to the RFI Closing Date/Time specified in the RFI. Proposals submitted in other formats, by other methods or through any other means, or after the RFI Closing Date/Time specified in the RFI, may be rejected by FCC.
PRIORITY OF DOCUMENTS
In the event there are any discrepancies between this opportunity notice and the information on the MERX website proper, this opportunity notice shall take precedence.
Bidding and Documents are available on http://www.merx.com. Fees may apply; See https://www.merx.com/public/pricing for more information.
