Basic Information

Reference Number

00004135334

Issuing Organization

Ontario Shared Services

Solicitation Type

RFB - Request for Bid (Formal)

Solicitation Number

PR_3851

Title

Project: tender_19215 - Market Sounding Exercise for INTERNAL AUDIT and INTERNAL CONTROLS SYSTEM(s)

Source ID

SCRIBE

Details

Location

Ontario

Purchase Type

Not Stated

Dates

Publication

2024/07/05 10:36:00 AM EDT

Closing Date

2024/08/08 11:00:00 AM EDT

Contact Information

Saad Masood

saad.masood@supplyontario.ca

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.

Optional information Meeting: July 16, 2024 at 11:00 A.M.

Disclaimer All amendments to the associated notice, including amended documents, plans and specifications (where applicable), are issued by the originator of the notice. MERX asks you to contact the buying agency directly for these amendments. MERX stipulates that potential bidders may also be required to register with the buying authority as a bidder/plan taker. The contact information can be found within the main tender document and/or on this notice abstract.

Toutes les modifications associées à cet avis d’appel d’offres ainsi que les documents, les plans et les spécifications sont générés par l’entité responsable des achats (l’acheteur). S’il vous plait, contactez-le directement pour les addenda. Veuillez notez qu’il se peut que les fournisseurs soient obligés de s’inscrire directement avec l’acheteur. Vous pouvez trouver leur coordonnées dans le document principal ou dans l’abstrait de l’avis d’appel d’offre.

Source: https://ontariotenders.app.jaggaer.com/