Quebec SEAO #20173623

Actuarial Services for Loan-Guarantee and Project-Impairment Provisions

The Société d’Habitation du Québec seeks actuarial support for its financial reporting and audit work. - Government buyer: Société d’Habitation du Québec; the work includes support to its DCF. - Services requested: Develop and maintain a methodology to evaluate provisions for losses on loan guarantees and impairment provisions for certain projects financed through loans and advances. - Evaluate the provisions annually. - Assist the DCF with the financial statement audit, including work involving the Auditor General of Québec and its actuary. - OEMs and vendors: No OEMs or vendors are named. - Term and value: 36 months with no option periods; estimated value is $400,000, with currency unspecified.

Description

The solicitation seeks actuarial services to support the Société d'Habitation du Québec's annual financial statements. The provider will develop and update a methodology to evaluate provisions for losses on loan guarantees and for impairment on certain projects financed by the Société, and will evaluate those provisions annually. The provider will also assist the DCF with the financial statement audit, primarily in dealings with the Auditor General of Québec and its actuary. The contract is for 36 months without options, with an estimated value of $400,000; the source does not specify the currency.

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