Actuarial Costing and Return on Investment Analysis for the Modernization of the Federal Workers’ Compensation Regime

This contract, solicitation number 100032367, is issued by Employment and Social Development Canada to obtain an independent actuarial costing and return on investment analysis for the potential modernization of the federal workers’ compensation regime. The work requires a detailed evaluation of the short-, medium-, and long-term direct and indirect costs under the current system and two proposed modernization options, with specific cost breakdowns for the five federal employers with the highest claim volumes and a selection of those with moderate claim volumes. An ROI analysis must be provided for each modernization alternative to support decision-making. The contract is limited to holders of the E60ZT-18TSPS Supply Arrangement who are pre-qualified under Tier 1, Stream 3, Category 3.8 – Financial Specialist, and performance will be conducted remotely across Canada. The proposed contract period is ten months from the date of award, with an estimated effort of 220 days. All submissions must be sent via email to [email hidden], as updated in Amendment No. 1, and proposals are due by August 26, 2026. The solicitation does not specify a contract value, pricing structure, or formal evaluation criteria, though the technical complexity of the deliverables suggests a trade-off approach may be used for award. Acceptance of deliverables will occur virtually, with no physical inspection location required, and the contract is governed by Canada’s international trade agreements including CETA, CPTPP, and others, but no specific actuarial standards or quality metrics are outlined. The contracting authority is Joshua De Sousa, and no COR, COTR, or additional special requirements such as security clearances or key personnel specifications are identified.