Agriculture Financial Services Corporation - Negotiated Request for Proposal - Livestock Price Insurance (LPI) Strategic Review
About This Opportunity
This is a services contract in the agriculture and food security sector. Located in Canada, North America, this opportunity is open to firms and consortiums. Proposals must be submitted before July 10, 2026.
Published through Alberta Purchasing Connection, 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 agriculture and food security 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
AFSC is seeking proposals from qualified professionals to complete a strategic review third-party assessment of Livestock Price Insurance (LPI).
Livestock Price Insurance is a market-driven program that allows livestock producers to purchase protection from unpredictable downward moves in the cash market for fed cattle, feeders, and calves. The program is a market-based risk management tool for producers that is voluntary to participate in and is producer funded.
The program started in Alberta in 2009. In April 2014, the provinces of Alberta, British Columbia, Saskatchewan and Manitoba launched the pilot Western Livestock Price Insurance Program (LPI), with the support of Agriculture and Agri-Food Canada.
In June 2024, LPI further expanded to three maritime provinces, but this expansion operates under its own specific funding agreement. Alberta provides operational and delivery services on behalf of all the other provinces (hereby known as the Service Provider or AFSC).
Livestock Price Insurance is currently the only program that directly manages price for Canadian producers and is solely premium funded by producers. It represents the first of its kind of collaboration across provinces and federal governments to deliver this program.
Goals of the review are to assess how the program is performing against the program objectives by:
a. examining trends in loss rates and participation
b. reviewing administrative efficiency
c. assessing the program’s long-term sustainability and producer behaviour
d. evaluating alignment of current program design with future direction
This strategic review will assess the program as a whole but also review components with a product specific lens, while considering the user industry as well. This analysis will objectively inform the future direction of this program and aid in development of Multilateral Agreements.
Additional Requirements:
ELECTRONIC SUBMISSIONS ONLY ACCEPTED:
https: //afsc.bonfirehub.ca/opportunities/107794
Commodity Categories: Strategic planning consultation services, Actuarial consulting services, Feasibility studies or screening of project ideas
Delivery Region: Alberta
Data provenance
This notice is sourced from Alberta Purchasing Connection and was originally published on June 12, 2026. Last refreshed 2 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Agriculture Financial Services Corporation
Agriculture Financial Services Corporation has issued 7 procurement notices on BidsFactory, including 1 currently open and 1 awarded contracts. Activity concentrates in Agriculture & Food Security, Information & Communication Technology, and Construction & Civil Works. All notices are published for Canada. Notices are distributed via Alberta Purchasing Connection and CanadaBuys - Government of Canada. Most recent publication: June 12, 2026.
Frequently asked questions about this tender
What type of contract is this?
This is a Services contract in the Agriculture & Food Security sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
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 Alberta Purchasing Connection to access the full notice, required documents, and submission instructions provided by the contracting authority.
When does this tender close?
The submission deadline is July 10, 2026. You have 16 days left to prepare and submit your proposal to the contracting authority.
Who is the contracting authority?
This notice was issued by Agriculture Financial Services Corporation in Canada. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
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