Commercial Credit Reporting Services

PROCUREMENT OVERVIEW

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) is seeking to procure commercial credit reporting services to enhance credit verification and financial risk assessment for its programs and operations. The selected contractor will provide secure, online, on-demand access to Canadian business credit reports for a minimum of fifteen (15) users, enabling the retrieval of approximately 1,200 complete Canadian Business Credit Reports over the contract duration. The core objective is to facilitate informed decision-making regarding creditworthiness and financial risk.

ISSUING ORGANIZATION

• Organization Name: Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
• Location: Ottawa, Ontario, Canada
• Primary Contact: Zachary St-Louis
• Email: [email protected]

KEY DATES

• Posted Date: April 9, 2026
• Proposal Due Date: April 23, 2026, by 2:00 PM EDT
• Anticipated Start Date: May 11, 2026
• Contract Duration: 1 year

MANDATORY REQUIREMENTS

Bidders must meet the following criteria to be considered eligible:

• Provide secure, online access to Canadian business credit reports for a minimum of fifteen (15) users.
• Ability to deliver approximately 1,200 complete Canadian Business Credit Reports during the contract period.
• Comprehensive reporting capabilities, including business identifiers, credit scores, account summaries, financial trade details, and credit utilization information.
• Provision of user manuals, training materials, and training sessions in both English and French.
• Technical and administrative support during normal business hours (Monday to Friday, 08:00 to 16:00 EST).
• Submission of quarterly usage reports to FedDev Ontario.

TECHNICAL CAPABILITIES

Bidders must demonstrate expertise in:

• Online credit reporting solutions.
• Data security and user access management.
• Bilingual (English and French) training and support materials.

DELIVERABLES AND PERFORMANCE STANDARDS

Key deliverables include:

• Secure access to credit reports for designated users.
• Comprehensive business credit information as specified.
• User manuals and training sessions in both official languages.
• Ongoing technical support and quarterly usage reports.

EVALUATION CRITERIA

Proposals will be evaluated based on:

• Compliance with mandatory requirements.
• Technical capability and approach to delivering services.
• Pricing structure, with an emphasis on the lowest price technically acceptable.

PREFERRED QUALIFICATIONS

While not mandatory, the following qualifications may provide a competitive advantage:

• Experience in providing credit reporting services to government agencies or similar organizations.
• Advanced data analytics capabilities for enhanced credit assessment.
• Established relationships with Canadian credit bureaus.

This summary provides a comprehensive overview of the opportunity for potential bidders to assess their fit for the project.