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Risk Assessment and Governance Consulting

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International

Contract Overview

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London Hydro is seeking a subcontractor for Risk Assessment and Governance Consulting to provide strategic risk analysis and governance updates for internal audit projects. The selected provider will be responsible for conducting annual enterprise-wide risk assessments and updating the Internal Audit Charter for Audit Committee approval, utilizing established COSO or ISO 31000 frameworks. Key deliverables include the Annual Enterprise Risk Assessment report and the finalized Internal Audit Charter. Qualified candidates must hold a Certified Risk Management Professional (CRMP) designation or an equivalent governance certification. This opportunity was posted on September 8, 2026, with a response deadline of September 29, 2026. The project falls under NAICS code 541611, focusing on administrative management and consulting services.

General Info

London Hydro seeks a certified consultant for risk assessment and governance updates.

Agency

London HydroView Agency

NAICS

541611 - Administrative Management and General Management Consulting ServicesView NAICS

Place of Performance

CAN

Set-Aside

NONE

Documents

This scope was carved out of T2026-N-22.

The full solicitation package (3 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Internal Audit Services

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Organization & Contact Information

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AgencyLondon Hydro
ContactsNo contacts available
OfficeN/A
Organization / Agency
London Hydro
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Office AddressN/A
ContactsNo contact information available

Full Description

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Performs strategic risk analysis and governance updates for prime contractors on London Hydro internal audit projects. Conducts annual enterprise-wide risk assessments and updates the Internal Audit Charter for Audit Committee approval using COSO or ISO 31000 frameworks. Requires Certified Risk Management Professional (CRMP) or similar governance certifications. Delivers the Annual Enterprise Risk Assessment report and updated Internal Audit Charter.

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Albert A. Webb Associates

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about 2 hours ago

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More opportunities from London Hydro

Same awarding agency

NAICS: 541219
International
Internal Audit Services
Solicitation # T2026-N-22
London Hydro is soliciting proposals under RFP T2026-N-22 for a fully outsourced Internal Audit function, including the Chief Audit Executive role and risk-based planning. The contract is scheduled to commence in January 2027 for an initial three-year term, with two optional one-year renewals at the discretion of London Hydro. The selected professional firm will be responsible for executing an approved Internal Audit Plan, conducting ad hoc audits and special investigations, performing annual enterprise-wide risk assessments, and reporting to the Audit Committee. All services must comply with the Global Internal Audit Standards issued by the Institute of Internal Auditors, Ontario legislation, and Ontario Energy Board requirements. The procurement process utilizes a three-phase evaluation consisting of mandatory requirements, a technical evaluation weighted at 60 percent, and a pricing evaluation weighted at 40 percent. To advance to the pricing phase, proponents must achieve a minimum technical score of 40 out of 60 points. The resulting agreement will be based on a Master Services Agreement governed by the laws of Ontario, Canada. Key contractual requirements include a 12-month non-solicitation period, strict data residency requirements ensuring grid data is stored within Canada, and compliance with the Municipal Freedom of Information and Protection of Privacy Act. Pricing is structured as an annual fixed fee for the Core Program, which includes four planned assurance engagements per year, with a separate annual cap of 10,000 dollars for reimbursable expenses.
Other Accounting Services

POSTED

12 days ago

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in 9 days
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