External ICFR Audit and Internal Monitoring Framework Development PASS - E60ZQ-180001; Stream 6 (Financial and Accounting Services)

FedNor is seeking an independent accounting or audit firm to conduct a comprehensive assessment of the design and operating effectiveness of its Internal Controls over Financial Management and Financial Reporting, with the goal of providing independent assurance and actionable recommendations for improvement. The engagement will also involve designing and implementing a sustainable, risk-based internal monitoring framework that aligns with Treasury Board of Canada Secretariat requirements and the COSO Internal Control – Integrated Framework, aiming to strengthen governance, enhance accountability, and reduce long-term dependence on external providers by establishing an ongoing internal monitoring capability. The solicitation is publicly posted under number 217260 and is targeted at firms qualified to deliver financial and accounting services within the federal government context, classified under NAICS code 541211. Proposals must be submitted by July 29, 2026, at 2:00 p.m., with primary communication routed through Prashad Kandiah at FedNor. Performance is expected to occur across the Greater Sudbury area and the National Capital Region. While key details such as contract value, evaluation criteria, period of performance, and specific deliverables are not specified in the available information, the intent is clearly to enhance financial integrity and self-sufficiency in internal control processes through expert external assessment and capacity building.