PASS - STREAM 6: FINANCIAL AND ACCOUNTING SERVICES

Summary of Opportunity: PASS - STREAM 6: FINANCIAL AND ACCOUNTING SERVICES

1. Purpose:
   The Request for Proposal (RFP) ISED213523 is issued by Innovation, Science and Economic Development Canada (ISED) to secure Professional Audit Support Services, specifically in the domain of Financial and Accounting Services. The primary aim is to enhance ISED’s governance, risk management, and internal control functions as part of its Risk-Based Internal Audit Plan. This includes conducting audits, effectiveness testing, and controls assurance work on a rotational basis to meet Treasury Board policy requirements for financial management.

2. Buyer Information:
   The issuing organization is the Department of Industry (ISED), under the Government of Canada.
   Contact Person: Shelley Bailey
   Email: [email protected]

3. Important Dates:

   • Posted Date: October 21, 2025
   • Due Date: November 12, 2025, by 2:00 PM (local time)

4. Key Requirements:

   • Eligibility is restricted to pre-qualified Supply Arrangement Holders under E60ZQ-180001/D specifically qualified under Stream 6: Financial and Accounting Services.
   • Proposals will be considered from invited suppliers listed in Attachment 2 to Part 1 of the RFP; however, uninvited suppliers may request an invitation prior to five business days before the closing date.
   • The RFP requires contractors to provide services not only to ISED but also across various sectors and programs within ISED as needed.
   • Key services include conducting internal audit functions, financial reporting, risk management evaluations, and internal control assessments. Services must align with the Treasury Board's standards on internal controls and management responsibilities.

Proposal Validity:
The contract award anticipated period is three (3) years with the possibility of two (1) year extensions.

Security Requirement:
There is a specified security requirement attached to this opportunity, which bidders must comply with.

Trade Agreements:
This RFP is subject to several trade agreements including the WTO Agreement on Government Procurement and the Canada-European Union Comprehensive Economic and Trade Agreement among others.

Businesses eligible to bid should prepare to address the specific needs outlined in the RFP and ensure they can meet the necessary compliance and security standards as indicated.