Tenders/Actuarial Costing and Return on Investment Analysis for the Modernization of the Federal Workers’ Compensation Regime

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Actuarial Costing and Return on Investment Analysis for the Modernization of the Federal Workers’ Compensation Regime

Department of Employment and Social Development (ESDC)

Published: Oct 21, 2026

Updated: Oct 23, 2026

Source: CanadaBuys - Government of Canada

About This Opportunity

This is a services contract in the finance and banking and audit and accounting sectors, with a focus on Public Finance and Investment. Located in Canada, North America, this opportunity is open to firms and consortiums.

Published through CanadaBuys - Government of Canada, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. Interested parties should review the full documentation on the original source before submitting their proposal.

Description

The purpose of this requirement is to obtain an independent actuarial costing analysis of the short-, medium- and long-term direct and indirect costs if the current federal workers’ compensation regime remains unchanged, or if two options for modernizing the regime are implemented. The analysis must include both overall costs of the regime, and costs for (a) the five federal employers with the highest volumes of workers’ compensation claims and (b) a selection of federal employers with moderate claim volumes. The analysis should also provide a return on investment (ROI) for the two modernization options.. UNSPSC: *Business administration services (*80160000). Method: Competitive - Open bidding. Selection: Highest Technical Merit within a Stipulated Maximum Budget. Trade Agreements: *Canadian Free Trade Agreement (CFTA) *Canada-Panama Free Trade Agreement *Canada-Ukraine Free Trade Agreement (CUFTA) *Canada-Chile Free Trade Agreement (CCFTA) *Canada-Korea Free Trade Agreement (CKFTA) *Canada-Colombia Free Trade Agreement *Canada-European Union Comprehensive Economic and Trade Agreement (CETA) *Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) *World Trade Organization Agreement on Government Procurement (WTO GPA) *Canada-Peru Free Trade Agreement (CPFTA) *Canada-Honduras Free Trade Agreement *Canada-UK Trade Continuity Agreement (Canada-UK TCA)

Data provenance

This notice is sourced from CanadaBuys - Government of Canada and was originally published on October 21, 2026. Last refreshed today. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Department of Employment and Social Development (ESDC)

Department of Employment and Social Development (ESDC) has issued 47 procurement notices on BidsFactory, including 2 currently open and 0 awarded contracts. Activity concentrates in Governance & Public Administration, Youth & Employment, and Information & Communication Technology. All notices are published for Canada. Notices are distributed via CanadaBuys - Government of Canada. Most recent publication: October 21, 2026.

Frequently asked questions about this tender

Where will the contract be performed?

The contract is for delivery in Canada. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit CanadaBuys - Government of Canada to access the full notice, required documents, and submission instructions provided by the contracting authority.

Who is the contracting authority?

This notice was issued by Department of Employment and Social Development (ESDC) in Canada. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.