Pensions Administration System Consulting, Advisory, and Related Support Service Tender

Procurement Summary

Country : Canada

Summary : Pensions Administration System Consulting, Advisory, and Related Support Service

Deadline : 12 May 2025

Other Information

Notice Type : Tender

TOT Ref.No.: 117613965

Document Ref. No. : 2025-005-PEN/LC

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

Over the next five (5) years, OPB plans to replace various pension administration business processes and software systems. We are in the process of this journey and are in the final stages of a competitive procurement process to select a vendor to partner with us to implement a new Pensions AdministrationSystem (PAS).To support the implementation process and a move to steady state for OPB's new PAS, OPB is seeking proposals from proponents with demonstrated experience with Business process & pension systems modernization and transformation that can provide consultation, advice, expertise, and in-depthknowledge to OPB on pension plan administration and modernization to support OPB throughout this modernization. The role of the proponent will be as a consultant/advisor to assist OPB in preparation and execution of OPB's pensions and processes modernization. They will employ systems thinking approacheswhile they provide advice, consultation and guidance to OPB during the discovery, implementation, go-live, and steady state phase.It is OPB's intention to enter into an agreement with only one (1) legal entity. The term of the agreement is to be for a period of five (5) years with two (2) optionalone (1) year extensions for a maximum term of seven (7) years.
Solicitation Type : RFP - Request for Proposal (Formal)
Reference Number : 0000291293
Location : Canada, All of Canada, All of Canada
Purchase Type : Duration: 5 years Option: 2 x 1-year options
Description : Over the next five (5) years, OPB plans to replace various pension administration businessprocesses and software systems. We are in the process of this journey and are in the final stages of a competitive procurement process to select a vendor to partner with us to implement a new Pensions Administration System (PAS).To support the implementation process and a move to steady state forOPB's new PAS, OPB is seeking proposals from proponents with demonstrated experience with Business process & pension systems modernization and transformation that can provide consultation, advice, expertise, and in-depth knowledge to OPB on pension plan administration and modernization to support OPBthroughout this modernization. The role of the proponent will be as a consultant/advisor to assist OPB in preparation and execution of OPB's pensions and processes modernization. They will employ systems thinking approaches while they provide advice, consultation and guidance to OPB during the discovery, implementation, go-live, and steady state phase.It is OPB's intention to enter into an agreement with only one (1) legal entity. The term of the agreement is to be for a period of five (5) years with two (2) optional one (1) year extensions for a maximum term of seven (7)yea...

Documents

 Tender Notice