The Canada Mortgage and Housing Corporation (CMHC) wishes to enter into a contract with a vendor(s) for the purpose of acquiring flexible financial risk modeling software solution(s) to implement stress testing models with both stochastic and deterministic scenarios, in order to analyse risks, determine economic capital, and develop strategies to manage capital for its Mortgage Insurance and Securitization business activities. The proposed solution(s) must integrate, improve, streamline, and secure processes for preparing, reporting, and disseminating the financial results of risk modeling as required.
The initial term of this contract is expected to be for 3 years, with the option to renew at CMHC's discretion for 3 subsequent one year periods. The value of this product and service is expected to range from $3,500,000 to $3,900,000 CDN, including all applicable taxes.
The quotation must be received at the exact location as specified in the RFP document on or before the submission deadline of 2:00 p.m. EDT, on May 12, 2014.
Please note that CMHC will not distribute solicitation documents that are posted on buyandsell.gc.ca. Suppliers must download the solicitation document and attachments directly from the tender page.
