External Quality Assessment (/External Practice Inspection)
About This Opportunity
This is a consulting contract in the audit and accounting and governance and public administration sectors, with a focus on Internal Audit and Risk Assessment. Located in Canada, North America, this opportunity is open to firms and consortiums. Proposals must be submitted before July 22, 2026.
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 consulting in the audit and accounting sector. Consulting assignments are typically evaluated with a strong emphasis on the technical proposal, including the methodology and qualifications of key experts. Shortlisted firms may be invited to submit financial proposals in a second stage. Interested parties should review the full documentation on the original source before submitting their proposal.
Description
Internal Audit
The scope of the contract includes an external assessment of HICC’s internal audit function (or the Internal Audit Directorate), as well as the evaluation function (or the Evaluation Directorate, which is where the joint and audit evaluation team is housed, as well, and may be included as part of the practice inspection process/assessment) to determine conformance with the requirements of the Policy on Internal Audit and its Directive on Internal Audit, and examining the function’s adherence to the Institute of Internal Audit’s (IIA) International Professional Practices Framework (IPPF), the effectiveness of the integrated audit and evaluation plan (i.e. which encompasses the risk-based audit plan and the departmental evaluation plan), the impact of the function on governance and risk management. Definition of Internal Auditing, the Code of Ethics, and the IIA’ Global Internal Audit Standards (GIAS); per IIA Standard 8.4, External Quality Assessment.
The practice inspection is to cover the entire spectrum of audit and consulting work performed by HICC’s internal audit function, including all related resources, activities, and processes. It is expected that, to the extent possible, the external assessor will pick up from the results of the last external practice inspection conducted in fiscal year (FY) 2021-22.
Evaluation
The objective of the inclusion of the Evaluation is to provide an objective assessment of the state of evaluation function’s project management at HICC as well as to recommend potential opportunities for further project management integration between both evaluation and internal audit practices.
The assessment will be conducted by an external consulting resource - with support provided by an internal resource from the evaluation team for the purpose of assisting in the collection of necessary data and providing guidance on deliverables.
Tasks will require a review of the evaluation function that includes, but is not. UNSPSC: *Audit services (*84111600). Method: Competitive - Selective tendering. Selection: Highest Combined Rating of Technical Merit and Price. Trade Agreements: *None. Regions: *National Capital Region (NCR)
Data provenance
This notice is sourced from CanadaBuys - Government of Canada and was originally published on July 15, 2026. Last refreshed today. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Office of Infrastructure of Canada (INFC)
Office of Infrastructure of Canada (INFC) has issued 10 procurement notices on BidsFactory, including 2 currently open and 0 awarded contracts. Activity concentrates in Governance & Public Administration, Education & Training, and Construction & Civil Works. All notices are published for Canada. Notices are distributed via CanadaBuys - Government of Canada. Most recent publication: July 15, 2026.
Frequently asked questions about this tender
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.
When does this tender close?
The submission deadline is July 22, 2026. You have 6 days left to prepare and submit your proposal to the contracting authority.
Who is the contracting authority?
This notice was issued by Office of Infrastructure of Canada (INFC) in Canada. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Consulting contract in the Audit, Accounting & Risk 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.
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