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Capital Adequacy Testing and Consulting Services Tender - 145704037

The INSURANCE CORPORATION OF BC has issued a Tender notice for the procurement of a Capital Adequacy Testing and Consulting Services in the Canada. This Tender notice was published on 22 Jul 2026 and is scheduled to close on 20 Aug 2026, with an estimated Tender value of Refer Document. Interested bidders can access detailed Tender information, eligibility criteria, and complete bidding documents by referencing TOT Ref No. 145704037, while the tender notice number is NRFP 8622 and Registering on the platform.

Procurement Summary

Country: Canada

Summary: Capital Adequacy Testing and Consulting Services

Deadline: 20 Aug 2026

Posting Date: 22 Jul 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 145704037

Document Ref. No.: NRFP 8622

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

Purchaser's Detail

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Tender Details

ICBC is seeking proposals from qualified and experienced consultants to provide capital adequacy testing and consulting services. The successful proponent will support ICBC in enhancing, maintaining, and updating its financial scenario modelling capabilities used to assess capital adequacy and support regulatory and capital management requirements. The services include providing expertise in the Conning ADVISE platform, supporting updates and enhancements to ICBC-s economic capital model, assisting with capital adequacy analysis and Minimum Capital Test (MCT) activities, supporting software version upgrades, and providing related training, documentation, and advisory services as required.
Solicitation Type : NRFP - Negotiated Request for Proposal (Formal) Reference Number : 00005131548 Location : British Columbia Purchase Type : Not Stated Dates Publication : 2026/07/22 05:59:00 AM EDT Closing Date : 2026/08/20 03:00:00 PM EDT Contact Information : ICBC Strategic Supply Management : [email protected] : Description : ICBC is seeking proposals from qualified and experienced consultants to provide capital adequacy testing and consulting services. The successful proponent will support ICBC in enhancing, maintaining, and updating its financial scenario modelling capabilities used to assess capital adequacy and support regulatory and capital management requirements. The services include providing expertise in the Conning ADVISE platform, supporting updates and enhancements to ICBC’s economic capital model, assisting with capital adequacy analysis and Minimum Capital Test (MCT) activities, supporting software version upgrades, and providing related training, documentation, and advisory services as required.

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