This opportunity has closed
The submission deadline was April 2, 2026. This page is kept for reference purposes.
Core Banking, Custodial, and Pension Payroll Services
AI Summary
PROCUREMENT OVERVIEW
The Canada Mortgage and Housing Corporation (CMHC) is seeking proposals for the provision of three categories of services: Core Banking Services, Custody Services, and Pension Payroll Administration Services for Pensioners. The objective is to enhance CMHC's operational capabilities in managing financial transactions, safeguarding assets, and administering pension payments effectively. The successful proponent will be responsible for delivering comprehensive solutions across all three service categories, ensuring compliance with applicable regulations and standards.
ISSUING ORGANIZATION
The issuing organization is the Canada Mortgage and Housing Corporation (CMHC), located in Ottawa, Ontario, Canada. The primary contact for this RFP is Ryan Lemay, who can be reached at [email protected].
MANDATORY REQUIREMENTS
Bidders must meet the following mandatory requirements to be considered eligible:
- Proven experience in providing core banking, custody, and pension payroll services.
- Compliance with Canadian financial regulations and standards.
- Ability to deliver all three service categories as a single proponent.
- Submission of a complete pricing matrix as specified in the RFP.
TECHNICAL CAPABILITIES
Proponents should demonstrate expertise in:
- Core banking systems and processes.
- Custodial services for securities.
- Payroll administration, particularly for pensioners.
- Familiarity with Canadian financial regulations and compliance standards.
DELIVERABLES AND PERFORMANCE STANDARDS
Key deliverables include:
- Timely and accurate processing of banking transactions and pension payments.
- Regular reporting on financial activities and compliance.
- Adherence to service-level agreements (SLAs) regarding response times and accuracy.
PREFERRED QUALIFICATIONS
While not mandatory, the following qualifications may provide a competitive advantage:
- Relevant certifications in financial services or project management.
- Experience working with government entities or Crown Corporations.
- Proven track record of successful project delivery in similar service areas.
This summary provides a comprehensive overview of the RFP for potential bidders to assess their fit and prepare competitive proposals.
Actions
Create a free account to analyze this opportunity, get daily notifications, and win more bids with Narwin.ai
Documents
Description
Read full description
Canada Mortgage and Housing Corporation (“CMHC”) is the Government of Canada’s National Housing Agency, with a mandate to help Canadians gain access to a variety of affordable housing options. It is a Crown Corporation, with a Board of Directors, reporting to Housing, Infrastructure and Communities Canada. CMHC has approximately 2,300 employees located in Ottawa, and at various regional offices throughout Canada. With this RFP CMHC is seeking prospective proponents to submit proposals for the provision of all of the following services: Category 1 - Core Banking Services, Category 2 - Custody Services and Category 3 - Pension Payroll Administration Services for Pensioners (hereinafter collectively referred to as the “Services”) as further described in the RFP Specifications (Appendix C). CMHC is seeking one (1) proponent for the provision of all three (3) service Categories. It is CMHC’s intention to enter into an agreement on a non-exclusive basis with the successful proponent. The term of the agreement resulting from this RFP is to be for a period of five (5) years, with two (2) options to extend the agreement on the same terms and conditions for an additional term of up to five (5) years each.
Additional Information
Source
canadabuys
Status
closed
Procurement Method
Competitive - Open bidding
Procurement Category
Services
Selection Criteria
Variations or combinations of the above methods
Regions of Opportunity
Canada
Regions of Delivery
Canada
Reference Number
cb-290-15211431
Amendment Number
004
Contracting Entity
Canada Mortgage and Housing Corporation (CNHC)
Contact Name
Ryan Lemay
Contact Email
Organization City
Ottawa
Organization Province / State
Ontario
Organization Country
Canada
Last Updated
April 2, 2026
Frequently Asked Questions
When is the proposal submission deadline?
The proposal submission deadline is April 2, 2026 (Overdue).
Note: This opportunity has already closed. See similar active opportunities above.
Where can I submit a proposal or get solicitation documents?
You can access the full solicitation documents and submit your proposal at the official source:
Visit Official SourceSimilar open opportunities 2 available
Since this opportunity has closed, here are similar active opportunities you may be interested in:
REQUEST FOR SUPPLY ARRANGEMENT (RFSA) For CMHC BUSINESS CONSULTING AND PROFESSIONAL SERVICES
REQUEST FOR SUPPLY ARRANGEMENT (RFSA) For CMHC BUSINESS CONSULTING AND PROFESSIONAL SERVICES
Explore More Opportunities
Open tenders from this agency
- REQUEST FOR SUPPLY ARRANGEMENT (RFSA) For CMHC BUSINESS CONSULTING AND PROFESSIONAL SERVICES
RFP · Due November 26, 2026
- REQUEST FOR SUPPLY ARRANGEMENT (RFSA) For CMHC BUSINESS CONSULTING AND PROFESSIONAL SERVICES
RFSA · Due November 26, 2026
Historical Contracts
Research past opportunities
All Active Opportunities
Search all current contracts
Narwin.ai is a great way to find government contracts and opportunities. Disclaimer: This bid/tender/opportunity information is presented as is and may be incorrect at times. Please read the tender documents carefully before finalizing bids. We do not accept any responsibility and cannot be held legally liable for any inaccuracies.