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The submission deadline was December 9, 2025. This page is kept for reference purposes.

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Financial Audits for 5 Entities

Office of the Auditor General (OAG)
CanadaBuys Posted: November 19, 2025

AI Summary

OPPORTUNITY SUMMARY: Financial Audits for 5 Entities

PURPOSE & SCOPE:

  • Procurement: The opportunity involves conducting annual financial audits for five entities: Standards Council of Canada, Canadian Museum of Nature, National Museum of Science and Technology, Telefilm Canada, and National Gallery of Canada.
  • Scope and Objectives: The objective is to perform audits in accordance with Canadian Generally Accepted Auditing Standards (GAAS) and relevant quality management standards. Each selected contractor will deliver working papers and complete audits per the established requirements.
  • Contract Type: The RFP will result in the award of five individual contracts, one for each audit entity. No estimated value was mentioned.

BUYER INFORMATION:

  • Issuing Organization: Office of the Auditor General (OAG)
  • Contact Details: Soo Yeon Cho, Email: [email protected]
  • Important Dates:
    • Posted Date: November 19, 2025
    • Due Date: December 9, 2025, at 14:00
    • Performance Period: From the date of award to July 31, 2026, with two optional one-year extensions.

MANDATORY REQUIREMENTS:

  • Certifications/Registrations: Bidders must hold a valid Audit and Related Services Supply Arrangement under Stream 1 - Financial Audit as per the SA369 series.
  • Mandatory Qualifications: Must provide an audit team capable of performing audits adhering to Canadian GAAS and relevant standards.
  • Set-Aside Requirements: None specified.
  • Geographic Restrictions: None indicated; however, contractors must comply with applicable trade agreements.

TECHNICAL REQUIREMENTS:

  • Key Technical Capabilities: Expertise in conducting financial audits according to GAAS and maintaining documentation standards.
  • Specific Methodologies: Audits should comply with Canadian Standards on Quality Management (CSQM1 and CSQM2).
  • Deliverables: Completion of audits and submission of detailed working papers.
  • Performance Standards: Deliverables must adhere to a security level of Reliability and should be up to Protected B standards.

PREFERRED QUALIFICATIONS:

  • Nice-to-Have Certifications: While not explicitly required, additional professional certifications in auditing may provide an advantage.
  • Preferred Qualifications: Previous experience in auditing federal entities or similar projects is desirable but not mandatory.
  • Additional Evaluation Factors: Commitment to adherence to timelines and documented past performance on similar contracts may enhance competitiveness.

This structured summary is designed to aid potential bidders in assessing fit and preparedness for the Financial Audits opportunity offered by the OAG.

Due Date
December 9, 2025
(Overdue)
Solicitation #
441

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Description

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This requirement is open only to those Audit and Related Services Supply Arrangement (SA) Holders qualified under Stream 1 – Financial Audit under the SA369 series of SAs. The following SA Holders have been invited to submit a bid: 1. Welch LLP 2. Deloitte LLP 3. Raymond Chabot Grant Thornton Consulting Inc. 4. Pricewaterhouse Coopers LLP 5. KPMG LLP 6. BDO Canada LLP 7. Samson & Associates CPA/Consulting Inc. 8. Aniko Consultants Inc., Samson & Associates CPA/Consulting Inc. in Joint Venture 9. Ernst & Young LLP Description of the Requirement: The Office of the Auditor General of Canada (OAG) is conducting annual audits of the financial statements of five (5) entities - Standards Council of Canada, Canadian Museum of Nature, National Museum of Science and Technology, Telefilm Canada and National Gallery of Canada. The OAG requires Contractors to provide an audit team(s) to perform audits and deliver working papers as described in the Statement of Work in accordance with Canadian Generally Accepted Auditing Standards (GAAS), the Canadian Standards on Quality Management (CSQM1 and CSQM2) and Contractor audit and documentation standards. The RFP is intended to result in the award of five (5) Contracts, one for each audit entity. Bidders may submit a proposal to satisfy the OAG’s requirements for one, some or all of the audits described herein. Level of Security Requirement: Resource Minimum Security Level Required - Reliability The work performed under this Contract will be at the Reliability Status and the deliverables associated with the completion of the work detailed in this document will be up to Protected B. Applicable Trade Agreements: The requirement is subject to the provisions of the Canadian Free Trade Agreement (CFTA), the Canada–Chile Free Trade Agreement, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Canada–Colombia Free Trade Agreement, the Canada-European Union Comprehensive Economic and Trade Agreement (CETA), the Canada–Honduras Free Trade Agreement, the Canada–Korea Free Trade Agreement, the Canada–Panama Free Trade Agreement, the Canada–Peru Free Trade Agreement, the Canada–Ukraine Free Trade Agreement, the Canada-United Kingdom Trade Continuity Agreement, and the World Trade Organization–Agreement on Government Procurement (WTO-GPA). Proposed period of contract: The initial contract period runs from the date of award to July 31, 2026, with two (2) irrevocable optional one (1)-year extensions. File Number: RFP 441 Contracting Authority: Soo Yeon Cho E-Mail: [email protected] Note: The Audit and Related Services Request for Supply Arrangement is an ongoing opportunity for qualification solicitation. For suppliers who wish to find out how they can become a qualified supply arrangement holder, please see the ongoing opportunity for qualification solicitation posted on CanadaBuys (https://canadabuys.canada.ca/en/tender-opportunities/tender-notice/cb-4734-12859618).

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

Canada

Regions of Delivery

Canada

Reference Number

cb-248-75353241

Amendment Number

000

Contracting Entity

Office of the Auditor General (OAG)

Contact Name

Soo Yeon Cho

Contact Email

Contact Country

Canada

Organization City

Ottawa

Organization Province / State

ON

Organization Country

Canada

Last Updated

July 29, 2026

Frequently Asked Questions

When is the proposal submission deadline?

The proposal submission deadline is December 9, 2025 (Overdue).

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