Project: Tender_19229 - Tender_19229 Vendor of Record for Financial Due Diligence... Tender

Procurement Summary

Country : Canada

Summary : Project: Tender_19229 - Tender_19229 Vendor of Record for Financial Due Diligence Services

Deadline : 29 Apr 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 99566042

Document Ref. No. : tender_19229

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

Purchaser : ONTARIO SHARED SERVICES
Ontario, CAN
Contact Information : Noha Tawfik, noha.tawfik@ontario.ca
Canada
Email :noha.tawfik@ontario.ca

Tender Details

RFB for the provision of financial due diligence services for Ontario Ministry of Economic Development, Job Creation and Trade (MEDJCT)-s business support programs and other Ministries- programs as needed for proposals submitted by proponents who are seeking financial assistance in the form of conditional grants or loans. This RFB is required to comply with the Building Ontario Businesses Initiative (BOBI). Under section 3 of the Building Ontario Businesses Initiative Act (BOBIA), a public sector entity shall give preference to Ontario businesses when conducting a procurement process for prescribed goods and services, the value of which are under the prescribed threshold amount. Scope of Work The Ministry is required to conduct due diligence reviews for all proposals submitted by proponents who are seeking financial assistance in the form of conditional grants or loans, for the business funding support programs (e.g., the Regional Development Program, Strategic Investments supported by Treasury Board). While other ministries may have access to this VOR, all agreements will be signed with MEDJCT. The financial due diligence (FDD) services involve reviewing the proponent-s historical financial performance, financial forecasts and other financial information deemed necessary to evaluate the financial risks associated with the award of a grant or loan, including the ability to repay a loan as well as the nature and quality of the assets available to secure a loan. The majority of...
Solicitation Type : RFB - Request for Bid (Formal)
Reference Number : 00003997553
Location : Ontario
Purchase Type : Not Stated
Dates Publication : 2024/04/02 12:40:00 PM EDT
Closing Date : 2024/04/29 11:00:00 AM EDT
Contact Information : Noha Tawfik
: noha.tawfik@ontario.ca
:
Description : RFB for the provision of financial due diligence services for Ontario Ministry of Economic Development, Job Creation and Trade (MEDJCT)’s business support programs and other Ministries’ programs as needed for proposals submitted by proponents who are seeking financial assistance in the form of conditional grants or loans. This RFB is required to comply with the Building Ontario Businesses Initiative (BOBI). Under section 3 of the Building Ontario Businesses Initiative Act (BOBIA), a public sector entity shall give preference to Ontario businesses when conducting a procurement process for prescribed goods and services, the value of which are under the prescribed threshold amount. Scope of Work The Ministry is required to conduct due diligence reviews for all proposals submitted by proponents who are seeking financial assistance in the form of conditional grants or loans, for the business funding support programs (e.g., the Regional Development Program, Strategic Investments supported by Treasury Board). While other ministries may have access to this VOR, all agreements will be signed with MEDJCT. The financial due diligence (FDD) services involve ...

Documents

 Tender Notice