NPP Actuarial Services
Numéro de sollicitation NPP 2024-008-PEN/mr
Date de publication
Date et heure de clôture 2024/05/31 14:00 HAE
Date de la dernière modification
Description
This Summary Notice and Notice of Intended Procurement is issued by Ontario Pension Board (“OPB”) for procurements covered by the Canadian Free Trade Agreement and/or the Comprehensive Economic and Trade Agreement to provide summary information in relation to specific procurement, as detailed below.
A. SUMMARY NOTICE
1. Subject Matter of Procurement
Actuarial Services
Ontario Pension Board (“OPB”) invites prospective proponents, who have the demonstrated capability and depth of expertise to support OPB in meeting its fundamental obligations for the PSPP and obligations that arise under agreements with the Government of Ontario (the “Government”) related to other plans, to submit proposals for the provision of Actuarial Services to support OPB’s actuarial needs.
OPB is seeking to retain a Lead Actuary for the provision of actuarial services including but not limited to actuarial valuations for funding purposes, other actuarial functions relating to administration of the plans, the provision of a pension calculator, implementation and training services, and consulting services as required. OPB is also seeking a Secondary Actuary who will be engaged for ad hoc services when the Lead Actuary is not able to provide the services.
2. How to Obtain Relevant Documents
OPB will post the RFP on electronic Canadian public tendering systems (MERX and/or Biddingo) on May 17, 2024. Interested suppliers are encouraged to monitor Canadian public electronic tendering systems for the formal posting of the RFP and are asked not to contact OPB for posting information.
3. Submission Deadline
The submission deadline for this solicitation is June 19, 2024, at 3:00:00p.m. local time (Eastern Time).
B. NOTICE OF INTENDED PROCUREMENT
1. Procuring Entity’s Name and Address
Ontario Pension Board
200 King St. West, Suite 2200
Toronto ON M5H 3X6
2. Contact Information
Eva Zacharias, Senior Procurement Officer at eva.zacharias@opb.ca
3. How to Obtain Relevant Documents
OPB will post the RFP on electronic Canadian public tendering systems (MERX and/or Biddingo) on May 17, 2024. Interested suppliers are encouraged to monitor Canadian public electronic tendering systems for the formal posting of the RFP and are asked not to contact OPB for posting information.
4. Description of Procurement
Actuarial Services
Ontario Pension Board (“OPB”) invites prospective proponents, who have the demonstrated capability and depth of expertise to support OPB in meeting its fundamental obligations for the PSPP and obligations that arise under agreements with the Government of Ontario (the “Government”) related to other plans, to submit proposals for the provision of Actuarial Services to support OPB’s actuarial needs.
OPB is seeking to retain a Lead Actuary for the provision of actuarial services including but not limited to actuarial valuations for funding purposes, other actuarial functions relating to administration of the plans, the provision of a pension calculator, implementation and training services, and consulting services as required. OPB is also seeking a Secondary Actuary who will be engaged for ad hoc services when the Lead Actuary is not able to provide the services.
5. Time-Frame for Delivery, Duration of Contract and Extension Options
It is anticipated that the resulting contract will be awarded on or about August 9, 2024 and will be for a term of three (3) years with an option to extend on the same terms and conditions for an additional two (2) periods of up to two (2) years each.
6. Language of Submissions
Unless otherwise indicated, all submissions shall be in English only.
7. Submission Deadline Date and Time
The submission deadline for this solicitation is June 19, 2024, at 3:00:00 p.m. local time (Eastern Time).
8. Location of Submission
The proponent shall submit its proposal through either one (1) of the online tendering platforms OPB uses, i.e., Biddingo and Merx, at the following address: 9. Date of Pre-Bid Inspection or Pre-Bid Meeting
N/A
10. Details of Pre-Bid Inspection or Pre-Bid Meeting
N/A
11. CFTA/CETA
Unless otherwise indicated, and subject to applicable exceptions and exclusions, this solicitation is covered by Chapter 5 of the Canadian Free Trade Agreement, and, where the contract value meets or exceeds applicable contract value thresholds, by the Chapter 19 of the Comprehensive Economic and Trade Agreement.
ADDITIONAL INFORMATION
The RFP process is a non-binding RFP which includes a consecutive negotiation process. The service provider may be requested to provide other related services to meet OPB needs during the term.
The following mandatory technical requirements must be met:
- the proponent is from a jurisdiction that has trade obligations with Ontario and/or Canada;
- each proposed key team member must be a fellow of the Canadian Institute of Actuaries (FCIA);
- the proponent declares that there is no Conflict of Interest in preparing its proposal;
- the proponent declares that there is no foreseeable Conflict of Interest in performing the contractual obligations contemplated in the RFP.
Bidding and Documents are available on http://www.merx.com. Fees may apply; See https://www.merx.com/public/pricing for more information.
Durée du contrat
La durée estimée du contrat sera de 36 mois.
Accords commerciaux
-
Accord de libre-échange canadien (ALEC)
-
Accord économique et commercial global (AECG) entre le Canada et l’Union européenne (UE)
Coordonnées
Organisation contractante
- Organisation
-
ONTARIO PENSION BOARD
- Adresse
-
200 King St West, Suite 2200Toronto, Ontario, M5H 3X6Canada
- Autorité contractante
- Eva Zacharias
- Numéro de téléphone
- 416-601-3998
- Adresse courriel
- eva.zacharias@opb.ca
Détails de l'offre
Les détails complets de cette occasion de marché sont disponibles sur un site tiers
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