Market Sounding Exercise for INTERNAL AUDIT and INTERNAL CONTROLS SYSTEM(s) Tender

Procurement Summary

Country : Canada

Summary : Market Sounding Exercise for INTERNAL AUDIT and INTERNAL CONTROLS SYSTEM(s)

Deadline : 08 Aug 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 103718015

Document Ref. No. : PR_3851

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

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Tender Details

Detailed_Description : This Market Sounding Exercise (the “MSE”) is initiated by His Majesty the King in right of Ontario as represented by the Treasury Board Secretariat (TBS), “the Ministry” or “the Government”, for the purposes of this market sounding and call innovative solutions to ascertain the range of market capacity, capability, readiness, and level of interest to provide a solution(s) for a proposed set of desired outcomes (as further set out in 1.3.3 Outcome Statement) prior to the finalization of the future Internal Audit and Internal Controls System approach(es).The intent of this process is to engage industry and foster dialogue to better understand the market and for potential suppliers to understand the Ministry needs. The Ministry is using the market sounding strategy to bring supplier perspectives and listen to the opinions of experts who are at the leading edge of Internal Audit and Internal Controls System solution(s) to its thinking at an early stage of the process, and to encourage suppliers to participate in this open dialogue. Respondents are asked to provide the information requested herein.

Scope of Work : The Ontario Internal Audit Division (OIAD) is looking for ways to support and modernize the Internal Audit Function, which consists of 250+ management and staff working in multiple audit related portfolios as well as in multiple geographical locations across Ontario.The Office of the Provincial Controller Division (OPCD) is looking for a solution to manage and support the documentation and testing of Internal Controls over Financial Reporting (ICoFR) by creating consistency and consolidating the identification of risks, corresponding controls, response plans, etc., and documentation and testing of controls within a single solution accessible by risk owners, ministry controllership, and enterprise-wide controllership. OPCD is looking for a solution that will support ministries to comply with the OPS Internal Control Framework (which is modelled from the COSO 2013 Internal Control - Integrated Framework) and report on control gaps or weaknesses.
Project Type : ServicesProject Categories43212200-Computer data storage management systems43222500-Network security equipment43222600-Network service equipment43231500-Business function specific software43231600-Finance accounting and enterprise resource planning ERP software43232000-Computer game or entertainment software43232100-Content authoring and editing software43232200-Content management software43232300-Data management and query software43232400-Development software43232500-Educational or reference software43232600-Industry specific software43232700-Network applications software43232800-Network management software43232900-Networking software43233000-Operating environment software43233200-Security and protection software43233400-Utility and device driver software43233500-Information exchange software43233600-Electrical Equipment software43233700-System management software64101500-Time deposit accounts64101600-Demand deposit accounts64101700-Electronic fund transfer and payment products64101900-Account based credit products64102000-Investment accounts64111500-Equity based securities64111600-Debt based securities64111700-Derivative securities64111800-Entitlements or rights64111900-Structured financial products64121500-Property insurance contracts64122400-Surety bonds64131500-Agreements64131600-Contracts64141500-International intellectual property protection products64141600-National intellectual property protection products64141700-Environmental mitigation banking produ...

Documents

 Tender Notice