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This Solicitation opportunity from Government of Canada was posted on February 8, 2023. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Financial Consultants for the Farm Debt Mediation Service (FDMS) in Ontario

Closed
01B68-22-0202International

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541219
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Outsourced Controller Services for the Water Street Parking Garage Expansion Project
Solicitation # 2027-03 CONL
Solicitation 2027-03 CONL seeks a qualified consultant to provide outsourced controller services for the Water Street Parking Garage expansion in New London, Connecticut. This project aims to add approximately 250 parking spaces to the existing facility to accommodate the anticipated 300,000 annual visitors for the new Coast Guard Museum, which is scheduled to open in August 2027. Construction is expected to begin in the summer of 2027 and will take 12 to 18 months to complete. The selected consultant will be responsible for comprehensive financial monitoring, including tracking funding sources, managing cash flow projections, reviewing payment applications and change orders, and maintaining audit-ready records. The contract requires strict adherence to municipal finance requirements, bond covenants, and grant agreements from the Connecticut Department of Transportation and the Department of Economic and Community Development. Compliance with the Davis-Bacon Act, prevailing wage laws, and CHRO requirements is mandatory. Award will be granted to the lowest responsible, qualified proposer based on a two-phase evaluation process. Phase one scores firm experience, project qualifications, proposed fees, professional references, and financial stability, while phase two consists of interviews and presentations. All proposals must be submitted via the city's e-procurement portal by December 1, 2026.
Procurement

POSTED

1 day ago

DEADLINE

in about 1 month

AI Contract Overview

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Agriculture and Agri-Food Canada is seeking financial consultants to provide expert services for the Farm Debt Mediation Service in Ontario. The selected offerors will support insolvent farmers by visiting operations, collecting financial data to prepare detailed financial statements, and assisting in the development of recovery plans. These experts will also attend mediation sessions to help farmers negotiate settlement arrangements with creditors to avoid costly legal proceedings. This Request for Standing Offers aims to establish up to four individual standing offers with a total estimated budget of 1,140,000.00 dollars. The services are required for a four year period, with a delivery timeframe extending from the date of contract award until March 31, 2027. As a standing offer, this arrangement does not commit the government to a specific volume of work but allows for call-ups as services are needed.

General Info

Financial consultants for Ontario Farm Debt Mediation Service, budget $1.14M through March 2027.

Place of Performance

*Ontario (except NCR), CAN

Set-Aside

NONE

Documents

0

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyGovernment of Canada → Agriculture and Agri-Food Canada
Contacts1 person available
OfficeN/A
Office AddressN/A
Contacts
Harrington KylePoint of Contact

Full Description

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Please ensure that if the notice falls within the bounds of the Comprehensive Economic and Trade Agreement (CETA), include the following requirements in the description:Estimated quantity of commodity: 4Duration of contract: (Contract award) to (2027-03-31)Time frame of delivery: (Contract award) to (2027-03-31)Any conditions for participation of suppliers not specified in solicitation documentation: NA1.2.1 The Farm Debt Mediation Act (FDMA) received Royal Assent on April 25, 1997 and came into force on April 1, 1998. The Farm Debt Mediation Service (FDMS) was established to deliver the FDMA. The service provides a streamlined process of mediation to assist insolvent farmers and their creditors to negotiate settlement arrangements, rather than have those disputes result in costly legal proceedings for all parties. Offerors work with farmers to support them during the mediation process. Offerors will visit the farm to get an understanding of how the operation works, will collect financial information in order to prepare a financial statement, explore options and if required, will help the farmer develop a recovery plan. The Offerors will also be present at the mediation session to provide assistance to the farmer, as may be required. A Mediator is assigned to assist the farmer and creditors explore options for the successful resolution of the case.To apply for assistance under the FDMA, an individual, corporation, partnership, cooperative or other association of persons must be "engaged in farming for commercial purposes", meaning that the production from their crops, livestock, or other eligible commodities is commercially available for sale as opposed to being grown for the personal use of the farmer or for a person related to the farmer as defined in the regulations. The applicant must also be "insolvent”, which is defined in s. 6 of the FDMA as follows:Only farmers:who are for any reason unable to meet their obligations as they generally become due;who have ceased paying their current obligations in the ordinary course of business as they generally become due; orthe aggregate of whose property is not, at a fair valuation, sufficient, or if disposed of at a fairly conducted sale under legal process would not be sufficient, to enable payment of all their obligations, due and accruing due.Under the FDMA, farmers can apply for review and mediation only or for a Stay of Proceedings, review and mediation. There are several factors to consider in deciding how to apply.Secured creditors are obliged by the Act to serve the farmer with a Notice of Intent to Realize on Security before undertaking any action to recover debts. In this case, the farmer would usually choose the FDMS application which includes a Stay of Proceedings to prevent further action by the creditor during mediation. The farmer would also apply for a Stay when being sued for a debt by an unsecured creditor. Though unsecured creditors are not required to provide a Notice of Intent, the Stay still protects the farmer's assets during mediation. If a Notice of Intent has not been served and legal action has not been taken, the farmer may prefer to apply for review and mediation only, without applying for a Stay.Once the administrator confirms eligibility, an Offeror is assigned to perform a detailed review of the farm's financial affairs. The Offeror, referred to as an ‘expert’ in the Act, will be required to complete a Farm Financial Statement. This will require a review of the farmer's business records, tax returns, etc. as well as account balances from creditors and information on prices from real estate agents, auctions and machinery dealerships.Following that, the Offeror may help the farmer prepare a recovery plan that outlines what the farmer proposes to do to recover from financial difficulty. The Offeror then assists the farmer to make projections to assess the plan's feasibility. The recovery plan may be prepared by someone requested by the farmer.The Offeror responsible for the recovery plan will attend the mediation meeting and assist the farmer as required at that meeting.An assessment will be conducted by the FDMS office after completion of the mediation services. The assessment will evaluate the participants' satisfaction with the FDMS office, and the financial experts services and help to determine possible program changes or enhancements that may be initiated.You can find more information about the FDMS on AAFC web site:https://agriculture.canada.ca/en/programs/farm-debt-mediation-service1.2.2 One method of supply used by Agriculture and Agri-Food Canada (AAFC) to satisfy the requirements of our programs is to invite suppliers (by way of a Request for Standing Offer (RFSO) to submit an offer for the provision of services during a specified period. With the completed RFSO process, AAFC is authorized to make call-ups against the resulting SO’s detailing the exact level of services they wish to order at a particular time during the effective period of the SO, in accordance with the predetermined conditions.A RFSO does not commit AAFC to authorize the utilization of an SO or to obtain services or issue a subsequent Contract to this effect.A standing offer is not a contract and that the issuance of an SO and Call-up Authority does not oblige or commit Canada to procure or contract for any services listed in the SO. The Offeror understands and agrees that Canada has the right to procure the services specified in the SO by means of any other contract, SO or contracting method.1.2.3 The purpose of this Request for Standing Offers (RFSO) is to select Offerors to enter into negotiations with AAFC to issue Departmental Individual Standing Offers (SO) to obtain the services described in the Statement of Work for Ontario.The total budget for the SOs will be approximately $1,140,000.00, based on a maximum of four (4) standing offers being issued.Services are required for a period of four (4) years, starting at date of issuance of standing offers.

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