Third-Party Risk Intelligence Platform
About This Opportunity
This is a services contract in the governance and public administration sector. Located in Canada, North America, this opportunity is open to firms and consortiums. Proposals must be submitted before August 7, 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 services in the governance and public administration 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
Export Development Canada (EDC) is seeking Proposals for a Third-Party Risk Intelligence Platform (the “Platform”) and related services to support and enhance EDC’s Third-Party Risk Management (TPRM) activities. The Platform is intended to provide quantitative and qualitative intelligence (including GenAI-enabled capabilities where available) to help identify, assess, and monitor risks associated with third parties across the engagement lifecycle.
EDC’s TPRM function supports risk-based oversight of third parties used to deliver EDC programs and operations. Currently, EDC does not have a dedicated platform that can provide objective intelligence to complement internal assessments and questionnaires.
EDC is seeking to enhance its ability to obtain objective, external-facing intelligence to complement internal assessments and questionnaires, and to improve ongoing residual risk monitoring. The desired solution provides risk scores, evidence, and insights sourced from reputable data sets (e.g., public, government, academic, and/or commercial sources) and supports rapid identification of emerging risks and material changes in third-party risk posture.
EDC operates an enterprise workflow platform for TPRM. EDC intends to integrate risk intelligence outputs into that environment. The Supplier is not required to implement the ServiceNow integration; however, the Supplier shall provide integration-ready capabilities and support EDC and/or EDC’s designated implementor to complete the integration.Bidding and Documents are available on http://www.merx.com. Fees may apply; See https://www.merx.com/public/pricing for more information.. Method: Competitive - Open bidding. Trade Agreements: *Canadian Free Trade Agreement (CFTA)
*Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
Data provenance
This notice is sourced from CanadaBuys - Government of Canada and was originally published on July 13, 2026. Last refreshed today. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Export Development Canada - EDC
Export Development Canada - EDC has issued 21 procurement notices on BidsFactory, including 5 currently open and 0 awarded contracts. Activity concentrates in Governance & Public Administration, Security, Defense & Justice, and Consulting. All notices are published for Canada. Notices are distributed via CanadaBuys - Government of Canada. Most recent publication: July 13, 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.
When does this tender close?
The submission deadline is August 7, 2026. You have 22 days left to prepare and submit your proposal to the contracting authority.
Who is the contracting authority?
This notice was issued by Export Development Canada - EDC 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 Governance & Public Administration sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
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