This opportunity has closed

The submission deadline was January 27, 2026. This page is kept for reference purposes.

Internal Audit Services RFP PASS Stream 1

Office of the Superintendent of Financial Institutions (OSFI)
CanadaBuys RFP Posted: January 12, 2026

AI Summary

Opportunity Summary: Internal Audit Services RFP - PASS Stream 1

Procurement Overview:
The Office of the Superintendent of Financial Institutions (OSFI) is seeking to establish a contract for professional audit support services under the Professional Audit Support Services Supply Arrangement (PASS SA E60ZQ-18000), specifically for Stream 1: Internal Audit.

Scope and Objectives:
OSFI requires contracted internal audit services to supplement its internal capacity in meeting the expectations outlined in the OSFI Risk-Based Audit Plan. Services will be provided on an as-and-when-requested basis, executed through approved Task Authorizations depending on contractor performance and available funding.

Issuing Organization:

  • Organization Name: Office of the Superintendent of Financial Institutions (OSFI)
  • Contract Authority: France Emond, Senior Contracting Officer
  • Contact Email: [email protected]

Important Dates:

  • Solicitation Posted Date: January 12, 2026
  • Proposal Due Date: January 27, 2026, at 14:00
  • Anticipated Start Date: April 1, 2026
  • Contract Duration: Awarded for two years with options for two additional one-year extensions.

Contract Type:

  • Type: Competitive Selective Tendering
  • Number of Contracts: 1

Certifications/Registrations:
Mandatory:

  • Designated Organization Screening (DOS) for corporate security
  • Reliability status for resource security

Geographic Restrictions:
This opportunity is open to PASS Supply Arrangement Holders qualified for services in the National Capital Region and Toronto.

Key Technical Capabilities and Deliverables:

  • Provision of internal audit services compliant with the OSFI Risk-Based Audit Plan.
  • Performance must meet OSFI's standards, subject to Task Authorizations.

Evaluation Criteria:
Proposals will be evaluated based on a combination of technical merit and price. The responsive bid with the highest combined rating of these factors will be recommended for contract award.

Preferred Qualifications:
While not mandatory, possessing the following may give competitive advantage:

  • Demonstrated previous experience with government-related internal audits.
  • Familiarity with current audit standards and methodologies.

Proposals Evaluation:
The evaluation of proposals will be conducted based on:

  • Technical merit
  • Price competitiveness

This summary provides essential information for companies interested in this procurement opportunity, facilitating alignment with OSFI's requirements and increasing the chances of a successful proposal submission.

Due Date
January 27, 2026
(Overdue)
Solicitation #
20250926

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Documents

pass---npp---20250926.pdf
PDF • 228.7 KB

Description

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NOTICE OF PROPOSED PROCUREMENT (NPP) For PROFESSIONAL AUDIT SUPPORT SERVICES SUPPLY ARRANGEMENT (PASS SA E60ZQ-18000) Stream 1 Internal Audit Reference Number: 20250926 Solicitation Number: 20250926 Organization Name: Office of the Superintendent of Financial Institutions (OSFI) Solicitation Date: 2026-01-12 Closing Date: 2026-01-27 Anticipated Start Date: 2026-04-01 Estimate Level of Effort: Contract Duration: The contract period will be from the date of contract award to two years later, with irrevocable options to extend it for up to two (2) additional one-year periods. Solicitation Method: Competitive Applicable Trade Agreements: WTO-AGP, CKFTA, CFTA… Comprehensive Land Claim Agreement Applies: No Number of Contracts: 1 contract Requirement Details Tendering Procedure: Selective Tendering This requirement is open only to PASS Supply Arrangement Holders who qualified for services in the National Capital Region and Toronto under Stream 1: Internal Audit Services The following SA Holders have been invited to submit a proposal: 1. A Hundred Answers Inc. 2. Altis Recruitment & Technology Inc. 3. Aniko Consultants Inc., Samson & Associés-CPA Consultation Inc.-Samson & Associates CPA-Consulting Inc., in Joint Venture 4. BDO Canada LLP 5. Cofomo Inc. 6. Collins Barrow Ottawa LLP 7. Deloitte LLP 8. Ernst & Young LLP 9. KPMG LLP 10. MNP LLP 11. Murray Management Consulting Inc. 12. Niewe Technology and Consulting Ltd. 13. Orbis Risk Consulting Inc. 14. OXARO INC. 15. Pricewaterhouse Coopers LLP 16. QMR Staffing Solutions Incorporated 17. QMR Staffing Solutions Incorporated, Windreach Consulting Services Incorporated, In Joint Venture 18. RSM CANADA CONSULTING LP; RSM ALBERTA LLP; Government Solutions Group LLP - IN JOINT VENTURE 19. Samson & Associés CPA/Consultation Inc 20. Spearhead Management Canada Ltd. 21. THE RIGHT DOOR CONSULTING & SOLUTIONS INCORPORATED, Baker Tilly Ottawa Management Consultants Inc. , IN JOINT VENTURE Description of Work The Office of the Superintendent of Financial Institutions (OSFI) is seeking to establish one (1) contract to supplement its internal capacity with contracted internal audit services in order to assist in meeting the expectations and requirements identified in the OSFI Risk-Based Audit Plan. Services will be provided on an as-and-when-requested basis. OSFI envisions that the work will be delivered under the contract will be approved and executed through approved Task Authorizations, subject to Contractor performance and availability of funding. EVALUATION PROCESS AND SELECTION METHODOLOGY The responsive bids will be ranked in descending order of combined rating of technical merit and price; the responsive bid with the highest combined rating of technical merit and price will be recommended for award of a contract. Security requirements Security Requirement: See Request for Proposal Minimum Corporate Security Required: Designated Organization Screening (DOS) Minimum Resource Security Required: Reliability status Contract Authority Name: France Emond, Senior Contracting Officer Email Address: [email protected] Inquiries Inquiries regarding this RFP requirement must be submitted to the Contracting Authority named in this notice. Request for Proposal (RFP) documents will be e-mailed by the Contracting Authority to the Qualified Supply Arrangement Holders who are being invited to bid on this requirement. BIDDERS ARE ADVISED THAT “BUYANDSELL.GC.CA” IS NOT RESPONSIBLE FOR THE DISTRIBUTION OF SOLICITATION DOCUMENTS. The Crown retains the right to negotiate with any supplier on any procurement. Documents may be submitted in either official language. NOTE: Professional Audit Support Services (PASS) Method of Supply is refreshed four (4) times per year. If you wish to find out how you can be a “Qualified SA Holder”, please contact [email protected]

Additional Information

Source

canadabuys

Status

closed

Procurement Method

Competitive - Selective tendering

Procurement Category

Services

Selection Criteria

Highest Combined Rating of Technical Merit and Price

Regions of Opportunity

National Capital Region (NCR)

Regions of Delivery

National Capital Region (NCR) *Toronto

Reference Number

cb-179-70848496

Amendment Number

000

Contracting Entity

Office of the Superintendent of Financial Institutions (OSFI)

Contact Name

France Emond

Contact Email

Contact Phone

+13435730383

Contact Country

CA

Organization City

Ottawa

Organization Province / State

ON

Organization Country

CA

Last Updated

July 29, 2026

Frequently Asked Questions

When is the proposal submission deadline?

The proposal submission deadline is January 27, 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:

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