Internal Controls Over Financial Management (ICFM) Assessments

The contract involves conducting comprehensive assessments of internal controls related to financial reporting, budgeting, procurement, and asset management within the Department of Public Safety and Emergency Preparedness under the Government of Canada. The work requires evaluating the effectiveness of existing control frameworks against Treasury Board Policy standards, identifying gaps in compliance or operational weaknesses, and delivering actionable recommendations to strengthen financial governance. The assessments must ensure accountability, transparency, and risk mitigation across financial management processes in alignment with federal directives. This subcontract is open for proposals with a deadline of July 13, 2026, and is classified under NAICS code 541611, indicating it pertains to management consulting services. Performance is expected to occur across Canada, with no specific office location designated. The solicitation was posted on June 26, 2026, and is accessible through Canada Buys, though no point of contact or set-aside details are provided. The contractor will be expected to deliver detailed gap analyses and formal compliance recommendations that support continuous improvement in financial oversight and adherence to federal policies.