Design & Implementation of an Enterprise Risk Management (ERM) Framework

Opportunity Summary: Design & Implementation of an Enterprise Risk Management (ERM) Framework

Issuing Organization:
Canadian Museum of Nature (CMN)
Location: Ottawa, Ontario, Canada

Project Overview:
The Canadian Museum of Nature is seeking experienced firms to provide professional consulting services for the design and implementation of an Enterprise Risk Management (ERM) framework. The objective is to establish a comprehensive framework to identify, assess, and mitigate risks within the museum's operations, thereby enhancing overall risk management capability.

Important Dates:

• Posted: February 10, 2026
• Due Date: March 5, 2026, at 14:00 EST

Proposal Submission:
Bids must be submitted electronically via the Bonfire platform at https://cmn-mcn.bonfirehub.ca. Late submissions will not be considered. All bidders must register on the Bonfire site, and submission of hard copies is not allowed. Registration and bid submission are free.

Contact Information:
France Louvet
Email: [email protected]

Mandatory Requirements:

• Firms must demonstrate expertise in Enterprise Risk Management (ERM) frameworks.
• An online profile must be created and maintained on the Bonfire website for proposal submission.
• Proposals must follow instructions strictly as detailed in the documents available on Bonfire.

Key Technical Capabilities Needed:

• Proven experience in designing and implementing ERM frameworks.
• Familiarity with risk assessment methodologies and tools.
• Ability to provide training and support in the adopted framework.

Deliverables and Performance Standards:

• A fully developed ERM framework tailored to CMN’s operations.
• Documentation detailing risk assessment processes, mitigation strategies, and implementation plans.
• Training materials and sessions for museum staff to ensure comprehension and compliance with the new framework.

Evaluation Criteria:
Proposals will be assessed based on:

• Relevance and quality of the proposed methodology.
• Experience and qualifications of the consulting team.
• Previous successful implementations of ERM frameworks in similar organizations.
• Cost-effectiveness and adherence to project timelines.

Preferred Qualifications:

• Certification in Risk Management (e.g., ISO 31000, COSO).
• Experience with non-profit organizations or cultural institutions.
• Strong communication and stakeholder engagement skills.

Conclusion:
This opportunity presents a significant project for interested firms specialized in Enterprise Risk Management, focusing on developing a robust risk framework for the Canadian Museum of Nature. Firms are encouraged to register and submit proposals that clearly demonstrate their qualifications and understanding of the project's objectives.