Tender Details

Country: Canada
Summary: Strategy and Imt Roadmap Development for Oil & Gas Royalty Modernization
CAT Ref No: 53201958
Deadline: 08 Jun 2021
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 288PA-AMSA2018.1.02-0025
Purchaser's Detail:
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Description:
Tender are invited for Strategy and IMT Roadmap Development for Oil & Gas Royalty Modernization
Project Description : The Province has a requirement for Application Services to develop a service modernization Strategy and IMT Roadmap in support of the following business activities: Albertans own 81% of the province-s mineral rights and the Alberta government manages those resources on their behalf; the remaining 19% is owned by the federal government, individuals and corporations. In 2016, Alberta was the world-s 8th largest producer of crude oil and 8th largest producer of natural gas. Currently, there are around 174,000 operating wells in Alberta. The Alberta government collects royalties from companies monthly when an oil or gas well or oil sands project is in production. Royalties are a major source of revenue that helps pay for programs and services, such as health and education, enjoyed by all Albertans.Each producing oil or gas well, or oil sands project, has its own royalty rate. Resource prices and production levels change over time, so the total amount of royalties collected by the government changes each year. Royalty Programs are established to provide royalty relief for wells/projects that are not economical for the company to proceed with without the royalty relief. Typically (but not always) they are a reduction of gross royalty, so Gross Royalty - Royalty Relief = Net Royalty. Wells/Projects need to qualify for the royalty relief program, which ofte...
Documents:

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Strategy and Imt Roadmap Development for Oil & Gas Royalty Modernization - Canada Tender

The OFFICE OF THE CORPORATE CHIEF INFORMATION OFFICER, a Government sector organization in Canada, has announced a new tender for Strategy and Imt Roadmap Development for Oil & Gas Royalty Modernization. This tender is published on CanadaTenders under CAT Ref No: 53201958 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 2021-06-08.

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.