ExpiredServicesAmended (2x)

PENSION ACTUARY

ACTUAIRE EN RÉGIMES DE RETRAITE

Description

ABOUT FCC FCC is Canada’s leading agriculture and food lender, dedicated to the industry that feeds the world. FCC employees are committed to the long-standing success of those who produce and process Canadian food by providing flexible financing, AgExpert business management software, information and knowledge. FCC provides a complement of expertise and services designed to support the complex and evolving needs of food businesses. As a financial Crown corporation, FCC is a stable partner that reinvests profits back into the industry and communities it serves. For more information, visit fcc.ca. RFP CONTACT Adam Gottselig Procurement Manager Farm Credit Canada procurement@fcc.ca RFP SCOPE FCC is looking for a Proponent to provide actuarial and consulting services in respect of FCC’s pension and post-employment benefit plans, for a term of up to five (5) years (beginning approximately January 1, 2025), with an option to renew for an additional five (5) years. The Proponent is expected to provide all necessary, customary and required actuarial services for the Defined Benefit Pension Plan, as well as administrative services and reporting required by OSFI for both the Defined Benefit and Defined Contribution portions of the Plan as well as for the supplemental pension plans sponsored by the Corporation. In addition, the Proponent will provide the required annual accounting disclosures for the Pension Plan pursuant to International Financial Reporting Standards (IFRS), for reporting purposes to be included in the Annual Audited Financial Statements of FCC and the Pension Plan. The Proponent will also provide actuarial valuation services in respect of other post-employment benefits and general consulting services, when required. Further details of the Scope of Work are noted in the RFP. RFP PARTICULARS All conditions for Proponent participation are included in the RFP documents. Duration of Contract: 5 Year Term Options: 5 Year Optional Term Estimated Quantity of Goods or Services: N/A Timeframe of Delivery of Goods or Services: Beginning approximately January 1, 2025. RFP SCHEDULE RFP Release Date: January 3, 2024 Proponent Questions Accepted Until: January 12, 2024 at 2:00PM* FCC Response to Proponent Questions Delivered Before: January 22, 2024 at 5:00PM* RFP Closing Date/Time: January 31, 2024 at 2:00PM* NOTE: All times are CST – Saskatchewan. The above dates are subject to change at the sole discretion of FCC. Any changes to the RFP Schedule will be communicated to all Proponents via amendment on MERX. RFP PROCESS CONSIDERATIONS This opportunity is covered under the provisions of Chapter 5 (Government Procurement) of the Canadian Free Trade Agreement (CFTA) and Chapter 19 (Government Procurement) of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). FCC is subject to the Official Languages Act (Canada). Proponents may choose to respond to this RFP in their official language of choice (English or French). This opportunity notice references a non-binding, competitive RFP, and is not a call for tenders. FCC is not obligated to proceed with the Work described in the RFP Scope, and may cancel the RFP at any time. FCC’s procurement process allows for consecutive or concurrent negotiations between FCC and one (1) or multiple Proponents, prior to awarding a Contract. MERX ELECTRONIC BIDDING SYSTEM This Request for Proposals (RFP), including any attachments and amendments to such RFP, is available for download by the Proponent on MERX. MERX is a Canadian Public Tenders electronic bidding system accessible at https://www.merx.com. It is the sole responsibility of the Proponent to ensure its compatibility with MERX. Proponent proposals MUST be submitted electronically through MERX, preferably in a PDF or MS Word file, prior to the RFP Closing Date/Time specified in the RFP. Proposals submitted in other formats, by other methods or through any other means, or after the RFP Closing Date/Time specified in the RFP, may be rejected by FCC. PRIORITY OF DOCUMENTS In the event there are any discrepancies between this opportunity notice and the information on the MERX website proper, this opportunity notice shall take precedence.Bidding and Documents are available on http://www.merx.com. Fees may apply; See https://www.merx.com/public/pricing for more information.
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Quick Summary

Farm Credit Canada (FCC), a leading agriculture and food lender, is seeking actuarial and consulting services for its pension and post-employment benefit plans. The contract will last up to five years starting in early 2025, with an option to renew for an additional five years. The services include actuarial assessments, administrative support, and regulatory reporting for FCC's Defined Benefit Pension Plan.

Ideal For

Actuarial firms or consulting companies specializing in pension plan management and employee benefits should bid.

Actuarial ServicesPension ConsultingEmployee BenefitsFinancial ServicesRegulatory Compliance
High complexity

Tender Details

Reference Number
MX-42993281223
Solicitation Number
PS23-AG-007
Publication Date
Jan 3, 2024
Closing Date
Jan 31, 2024
Procurement Method
Competitive - Open bidding

Trade Agreements

Canada-European Union Comprehensive Economic and Trade Agreement (CETA); Canadian Free Trade Agreement (CFTA)

Contracting Entity

Farm Credit Canada (FCC)

1800 Hamilton Street

Regina, Saskatchewan

Contact

Adam Gottselig

procurement@fcc.ca

000-000-0000