2019-OM-002 - Request for Proposals (RFP) – Economic Capital (ECAP) Solution (2019-OM-002)

Request for Proposals (RFP) – Economic Capital (ECAP) Solution 

About Farm Credit Canada (FCC): FCC is Canada’s leading agriculture lender, with a healthy portfolio of more than $36 billion. Our employees are dedicated to the future of Canadian agriculture and its role in feeding an ever-growing world. We provide flexible, competitively priced financing, management software, information and knowledge specifically designed for the agriculture and agri-food industry. As a self-sustaining Crown corporation, our profits are reinvested back into the agriculture and food industry we serve and the communities where our customers and employees live and work while providing an appropriate return to our shareholder. For more information, visit  www.fcc.ca  or follow us on  Facebook ,  LinkedIn ,  Instagram  and on Twitter  @FCCagriculture . 

RFP Scope: 

FCC is reviewing its approaches to determining capital requirements (both economic and regulatory). The objective of this RFP is to explore the outsourced solutions available in the market to ensure FCC is employing an approach that meets its business needs and aligns with industry practices commensurate with FCC’s size and level of complexity.

The primary objective will be a solution applicable to credit risk, with a secondary objective being a solution applicable to market and operational risk, as well as risk aggregation and diversification. The solution needs to attribute risk capital (particularly for credit risk) at a granular level (e.g. loan, customer).The solution must meet the intended objectives and business needs described within the RFP document. The proposed solution could be a software, a service, or a combination of the two. 

RFP Schedule: 

RFP issue date: December 10, 2019 

Vendor questions accepted until: December 27, 2019

RFP closing date and time: January 13, 2020 at 2:00 PM

RFP Process Considerations 

Vendors should note that: 

this opportunity notice references a non-binding, competitive RFP, not a call for tenders. FCC is not obligated to proceed with the work described in the RFP scope, and may cancel the RFP at any time. 

FCC’s procurement process allows for negotiation between FCC and one or more vendors, prior to awarding a contract. 

Requesting the RFP Document:

Capable vendors who are interested in receiving a copy of the RFP document are to contact:

Owen McNamara 

Corporate Procurement Manager 

Farm Credit Canada

procurement@fcc.ca  

Note: Vendors do not receive the RFP document by registering for the list of interested suppliers (“LIS”) on buyandsell.ca. Vendors must request the RFP document through FCC’s designated RFP contact.