This opportunity has closed

The submission deadline was February 10, 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

The Office of the Superintendent of Financial Institutions (OSFI) is issuing a Request for Proposal (RFP) for Internal Audit Services under its Professional Audit Support Services Supply Arrangement (PASS SA E60ZQ-18000) Stream 1. The procurement opportunity is located in Ottawa, Ontario, Canada. The anticipated contract start date is April 1, 2026, with a duration of two years and options to extend for two additional one-year periods.

This opportunity is open exclusively to qualified PASS Supply Arrangement Holders in the National Capital Region and Toronto, including firms such as Ernst & Young LLP, KPMG LLP, and Pricewaterhouse Coopers LLP, among others. The selected contractor will provide supplemental internal audit services to assist OSFI in fulfilling its Risk-Based Audit Plan. Work tasks will be executed on an as-needed basis, authorized through Task Authorizations contingent on contractor performance and available funding.

Bids will be evaluated based on a combination of technical merit and pricing, with the highest-rated bid recommended for contract award. Minimum security requirements include a Designated Organization Screening and Reliability status.

Interested parties may require additional information by contacting France Emond at the provided email address. The posting date for this RFP is January 12, 2026, with a submission deadline of February 10, 2026.

Due Date
February 10, 2026
(Overdue)
Solicitation #
20250926

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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) Anticipated Start Date: 2026-04-01 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: Selective Competitive 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. Ernst & Young LLP 8. KPMG LLP 9. MNP LLP 10. Murray Management Consulting Inc. 11. Niewe Technology and Consulting Ltd. 12. Orbis Risk Consulting Inc. 13. OXARO INC. 14. Pricewaterhouse Coopers LLP 15. QMR Staffing Solutions Incorporated 16. QMR Staffing Solutions Incorporated, Windreach Consulting Services Incorporated, In Joint Venture 17. RSM CANADA CONSULTING LP; RSM ALBERTA LLP; Government Solutions Group LLP - IN JOINT VENTURE 18. Samson & Associés CPA/Consultation Inc 19. Spearhead Management Canada Ltd. 20. 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

Toronto *National Capital Region (NCR)

Reference Number

cb-179-70848496

Amendment Number

002

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

March 5, 2026

Frequently Asked Questions

When is the proposal submission deadline?

The proposal submission deadline is February 10, 2026 (Overdue).

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