BACKGROUND
Parc Downsview Park Inc. (the “Company”) is an agent Crown corporation, which owns a property located in the area of Allen Road and Sheppard Avenue in Toronto, Ontario, (the “Allen Lands”).
This notice of proposed procurement (the “NPP”) is being issued by the Company to respondents interested in participating as a Proponent in a two-stage procurement process to engage one or more financial advisory services consultants to provide financial advice related to the development of a new office facility on the Allen Lands (the “Project”).
PROCUREMENT PROCESS
The objective of this NPP is to notify potential Proponents of the initiation of the procurement process for one or more Financial Advisory Services Consultant(s) and invite such Proponents to apply for qualification to participate in a future request for proposal process (the “Second Stage Process”).
The Second Stage Process will be initiated at the option of the Company to award one or more contracts for the Scope of Work.
The Second Stage Process is anticipated to be a request for proposals to engage one or more Financial Advisory Services Consultants for the Project. The Company may conduct the Second Stage Process involving some or all Proponents who meet the requirements set out under this NPP – all according to the Company’s own policies and legal obligations.
Proponents must refer to the solicitation documents for the complete requirements.