Tender Details

Country: Canada
Summary: On-0002113 - Cudic Accounting Standby Provider
CAT Ref No: 84316112
Deadline: 15 Sep 2023
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 00003589521
Purchaser's Detail:
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Description:
ON-0002113 - CUDIC Accounting Standby Provider
Solicitation Type : RFP - Request for Proposal (Formal)
Solicitation Number : 171144
Location : British Columbia
Purchase Type : Not Stated

Description : The Credit Union Deposit Insurance Corporation of British Columbia (“CUDIC”) guarantees payment of insured deposits in the event of a failure of a BC Financial Services Authority authorized (“BCFSA”) credit union. BCFSA is responsible for administrating CUDIC and operates regulatory programs under the Financial Institutions Act (“FIA”) and the Credit Union Incorporation Act (“CUIA”) to promote financial safety and soundness of BCFSA authorized credit unions. Through its risk-based supervisory program, BCFSA monitors credit unions to identify potential problems early to allow proactive intervention. When a credit union experiences financial challenges, BCFSA follows its intervention process to rehabilitate and/or resolve the credit union. The closure of a credit union and payment to depositors from the CUDIC fund (hereafter referred to as a “payout”) is the final stage in BCFSA-s regulatory risk framework. BCFSA has developed an operational payout plan consistent with the international industry standards set out by the International Association of Deposit Insurers to provide orderly and prompt payment of deposit insurance to affected depositors and is working to continually improve the plan. The purpose of this Request for Proposal (“RFP”) is to advise t...
Documents:

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On-0002113 - Cudic Accounting Standby Provider - Canada Tender

The BC FINANCIAL SERVICES AUTHORITY, a Government sector organization in Canada, has announced a new tender for On-0002113 - Cudic Accounting Standby Provider. This tender is published on CanadaTenders under CAT Ref No: 84316112 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2023-09-15.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.