Professional Services for Climate Transition Risk Software Application

Title: Professional Services for Climate Transition Risk Software Application 1. Advance Contract Award Notice (ACAN) An ACAN is a public notice indicating to the supplier community that a department or agency intends to award a contract for goods, services or construction to a pre-identified supplier, thereby allowing other suppliers to signal their interest in bidding, by submitting a statement of capabilities. If no supplier submits a statement of capabilities that meets the requirements set out in the ACAN, on or before the closing date stated in the ACAN, the contracting officer may then proceed with the award to the pre-identified supplier. 2. Definition of the requirement The Office of the Superintendent of Financial Institutions Canada (OSFI) has a requirement for procuring consulting services and support for utilization of the Paris Agreement Capital Transition Assessment Tool (PACTA). This tool and associated methodology will be utilized for development of climate transition risk assessment and metrics for Federally Regulated Financial Institutions (FRFI) banks and support OSFI supervisory activities in this domain. The consultants will be responsible for enabling OSFI staff to understand and successfully apply the PACTA tool and methodology for this exercise and correspond on results reporting. The purpose of this Advance Contract Award Notice (ACAN) is to signal the government's intention to award a contract for these services to Rocky Mountain Institute (RMI). Before awarding a contract, however, the government would like to provide other suppliers with the opportunity to demonstrate that they are capable of satisfying the requirements set out in this Notice, by submitting a statement of capabilities during the 15 calendar day posting period. If other potential suppliers submit a statement of capabilities during the 15 calendar day posting period that meet the requirements set out in the ACAN, the government will proceed to a full tendering process on either the government's electronic tendering service or through traditional means, in order to award the contract. If no other supplier submits, on or before the closing date, a statement of capabilities meeting the requirements set out in the ACAN, a contract will be awarded to the pre-selected supplier. 3. Criteria for assessment of the Statement of Capabilities (Minimum Essential Requirements) Any interested supplier must demonstrate by way of a statement of capabilities that it meets the following requirements: • Ability to provide PACTA methodology, tool utilization capacity building, and knowledge transfer to OSFI staff via facilitated in-person workshops and supporting documentation. • Ability to provide all aspects of technical implementation of PACTA for Banks software including: input data preparation, acquisition and transformation of scenario data, acquisition and necessary transformations of multi-year production data forecasts (Asset Impact is the preferred production data provider), code preparation, debugging, technical support, visualization, and results interpretations. • Ability to develop a co-authored report detailing the findings from the exercise of utilizing PACTA for Banks on Canadian FRFI Banks and identification of practical next steps in supervision of climate transition risks. • Research and development of additional metrics for “peer comparison” to facilitate a more sophisticated understanding of the nuanced differences in transition risks of different portfolios, including collaborative methodology development and related R code developments. 4. Applicability of the trade agreement(s) to the procurement This procurement is subject to the following trade agreement(s) • Canadian Free Trade Agreement (CFTA) • Revised World Trade Organization - Agreement on Government Procurement (WTO-AGP) • Canada-European Union Comprehensive Economic and Trade Agreement (CETA) • Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) • Canada-Chile Free Trade Agreement (CCFTA) • Canada-Colombia Free Trade Agreement • Canada-Honduras Free Trade Agreement • Canada-Korea Free Trade Agreement • Canada-Panama Free Trade Agreement • Canada-Peru Free Trade Agreement (CPFTA) • Canada-United Kingdom Trade Continuity Agreement (Canada-UK TCA) • Canada-Ukraine Free Trade Agreement (CUFTA) 5. Justification for the Pre-Selected Supplier PACTA was a methodology and tool developed by the 2 Degrees Investing Initiative and handed over to RMI to act as its stewards. As such, RMI have technical expertise in the methodology and utilization of PACTA, have worked with numerous banks and regulators for successful implementation of PACTA, developed studies, and are the knowledge authorities in its use cases, along with additional developments and methodology extensions. Therefore, OSFI believes they are the only supplier capable of assisting in utilization of PACTA for Banks to capture climate transition risks. 6. Government Contracts Regulations Exception(s) The following exception to the Government Contracts Regulations is invoked for this procurement under subsection 6(d) - "only one person is capable of performing the work". 7. Ownership of Intellectual Property Ownership of any Foreground Intellectual Property arising out of the proposed contract will vest in the Contractor. 8. Period of the proposed contract or delivery date The proposed contract is for a period of one (1) year from September 2023. 9. Cost estimate of the proposed contract The estimated value of the contract is $159,232.00 USD (HST extra). 10. Name and address of the pre-identified supplier Rocky Mountain Institute New York Office 17 State Street, 25th Floor, Unit 25000 New York, NY 10004 Phone: 315.266.9600 11. Suppliers' right to submit a statement of capabilities Suppliers who consider themselves fully qualified and available to meet the specified requirements may submit a statement of capabilities in writing to the Contracting Authority identified in this Notice on or before the closing date of this Notice. The statement of capabilities must clearly demonstrate how the supplier meets the advertised requirements. 12. Closing date for a submission of a statement of capabilities The closing date and time for acceptance of Statements of Capabilities is August 16, 2023 at 2:00 p.m. (EDT). 13. Inquiries and submission of statements of capabilities Inquiries and statements of capabilities are to be directed to: Andrew Bryant Contracting Officer e-mail: contracting@osfi-bsif.gc.ca 255 Albert St. 12th floor Ottawa, Ontario K1A 0H2