CanadaBuys #20261553

OAG seeks advisory and review services for Farm Credit Canada’s expected credit loss allowance audit

The Office of the Auditor General of Canada is procuring specialist support for its audit of Farm Credit Canada’s expected credit loss allowance. - Government buyer: Office of the Auditor General of Canada (OAG); no sub-agency or office is specified. - Service requested: Professional consultation, advice, and review for OAG audit work on Farm Credit Canada’s (FCC) expected credit loss allowance (ACL), prepared under IFRS. No quantities or part numbers are specified. - Audit roles: OAG retains overall audit responsibility, and its internal specialist performs the primary ACL assessment. - Invited firms: Deloitte LLP, PricewaterhouseCoopers LLP (also identified as PwC LLP), KPMG LLP, and Ernst & Young LLP (also identified as EY LLP). - Notable requirement: Reliability security clearance is required. - Performance period: Begins upon contract award, with an initial period of approximately seven months and two optional extensions; extension durations are not specified.

Description

The Office of the Auditor General of Canada requires professional advisory, consultation, and review services to support its audit work related to Farm Credit Canada’s expected credit loss (ACL) calculation. The OAG retains overall responsibility for the audit, and its internal specialist performs the primary ACL assessment. This opportunity is limited to qualified Audit and Related Services Supply Arrangement holders under Stream 3A, SA369; Deloitte LLP, PricewaterhouseCoopers LLP, KPMG LLP, and Ernst & Young LLP were invited to bid. The initial contract period begins upon award and ends June 30, 2027, with two optional extension periods; security requirements apply.

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