OSFI has a requirement for the provision of Translation services from Canadian English to Canadian French on an “as and when requested” basis. The total work volume is estimated at approximately 2,500,000 words per year, which will be distributed amongst the successful bidders. OSFI does not guarantee any specific volume of work to any successful Contractor further to this Request for Proposal or during the ensuing “as and when requested” contract(s).
This bid solicitation is being issued to satisfy the requirement of the Office of the Superintendent of Financial Institutions (OSFI) for the provision of Professional Services. OSFI requires a contractor that specializes in the provision of translation services. It is intended to result in the award of up to five (5) contracts for two (2) years, plus five (5) irrevocable option(s), allowing Canada to extend the term of the contract(s) by one-year each.
Please note that OSFI anticipates that the potential value of each contract could reach a maximum of $2,000,000.00 over the total contract period, including options. The actual value of the contract may vary based on OSFI’s demand and therefore this should not be construed as a guarantee of work.
