Model Validation Services

Location:	Federal
Posted:	Jul 9, 2025
Due:	Aug 22, 2025
Agency:	Government of Canada
Type of Government:	State & Local
Category:	J - Maintenance, Repair, and Rebuilding of Equipment
Solicitation No:	20250392
Publication URL:	To access bid details, please log in.

Description

The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada, established in 1987 to contribute to the safety and soundness of the Canadian financial system. OSFI supervises and regulates federally registered banks and insurers, trust and loan companies, as well as private pension plans subject to federal oversight.

The Risk Quantification Division (RQD) is engaged in developing quantitative tools to independently assess Federally Regulated Financial Institution’s (FRFI) reporting, execute a variety of stress scenarios, and perform sensitivity analysis on this data. This ultimately informs regulatory policy and capital adequacy requirements.

RQD is looking for an independent 3rd party to validate a model/tool used in assessing these macro scenario impacts.

Show more description Show less description

Contract duration

The estimated contract period will be 4 month(s), with a proposed start date of 2025/09/08.

Trade agreements

North American Free Trade Agreement (NAFTA)
World Trade Organization Agreement on Government Procurement (WTO GPA)
Canada-Chile Free Trade Agreement (CCFTA)
Canada-Peru Free Trade Agreement (CPFTA)
Canada-Colombia Free Trade Agreement
Canada-Panama Free Trade Agreement
Canada-Honduras Free Trade Agreement
Canada-Korea Free Trade Agreement (CKFTA)
Canadian Free Trade Agreement (CFTA)
Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Canada-Ukraine Free Trade Agreement (CUFTA)
Canada-UK Trade Continuity Agreement (Canada-UK TCA)

Reason for limited tendering

A contracting officer can use limited tendering for specific reasons outlined in the applicable trade agreements. The reason for this contract is described below:

None

Partner with another business

Are you interested in partnering with other businesses for this opportunity? Add your company to the list of businesses who are interested in partnering .

This list does not replace or affect the tendering procedures for this procurement process. Businesses are still required to respond to bid solicitations, and to compete based on the set criteria. For more information please read the Terms of use .