ASSET RETIREMENT OBLIGATIONS CONSULTANT

NOTICE OF PROPOSED PROCUREMENT (NPP)ASSET RETIREMENT OBLIGATIONS CONSULTANT Solicitation No.: MA021-22-0145 Contracting Authority: Marine Atlantic Inc. Telephone No.: 902-794-5375 E-mail Address: aoliver@marine-atlantic.ca This RFP is only for pre-qualified Suppliers for PASS Stream 6 Financial and Accounting Services against Supply Arrangement E60ZT-18TSPS/D.DESCRIPTION OF REQUIREMENT: The required services may include, but are not limited to the following:Marine Atlantic Inc. would like to acquire the services of a consultant to assist in the application of the new PSAB standard 3280 Asset Retirement Obligations. The successful candidate will review completed work to determine if it complies with the standard and assist in the development of financial statement notes and audit working papers.DURATION OF CONTRACT The period of the Contract is from date of award – December 31, 2022 with an option to extend for one term of two months.EVALUATION PROCESS AND SELECTION METHODOLOGY Mandatory Technical CriteriaRefer to Part 4 Evaluation Procedures and Basis of Selection for Mandatory Technical Criteria requirement.Point Rated Technical CriteriaRefer to Part 4 Evaluation Procedures and Basis of Selection for Point Rated Technical Criteria requirement.Financial EvaluationPricing will be scored based on a relative pricing formula using the rates set out in the Basis of Payment. Each bidder will receive a percentage of the total possible points allocated to price for the particular category it has bid on, which will be calculated in accordance with the following formula:Lowest price ÷ proponents price x weighting = proponent’s pricing points.Basis of SelectionSACC Manual Clause (A0027T) (2012-07-16) , Basis of Selection - Highest Combined Rating of Technical Merit and PriceTo be declared responsive, a bid must:Comply with all the requirements of the bid solicitationMeet all mandatory technical evaluation criteria.Bids not meeting (a) or (b) will be declared non-responsive. The selection will be based on the highest responsive combined rating of technical merit and price. The ratio will be 70 % for the technical merit and 30 % for the price. To establish the technical merit score, the overall technical score for each responsive bid will be determined as follows: total number of points obtained / maximum number of points available multiplied by the ratio of 40 %. To establish the pricing score, each responsive bid will be prorated against the lowest evaluated price and the ratio of 60 %.For each responsive bid, the technical merit score and the pricing score will be added to determine its combined rating. Neither the responsive bid obtaining the highest technical score nor the one with the lowest evaluated price will necessarily be accepted. The responsive bid with the highest combined rating of technical merit and price will be recommended for award of a contract. SECURITY REQUIREMENTS  Supplier Security Clearance : FSC – Confidential  Document Safeguarding : Confidential - FSC