Basic Information

Reference Number

00003989931

Issuing Organization

Ontario Shared Services

Solicitation Type

RFB - Request for Bid (Formal)

Solicitation Number

tender_19421

Title

Project: tender_19421 - Financial Reviews for Licensing Requests

Source ID

SCRIBE

Details

Location

Ontario

Purchase Type

Not Stated

Dates

Publication

2024/03/27 02:22:00 PM EDT

Closing Date

2024/04/30 11:00:00 AM EDT

Contact Information

Tracy Richards

Sarvani.Chakravorty@ontario.ca

Description

RFB for the procurement of a vendor to conduct financial reviews related to licence requests such as redevelopment, development, licence transfers, changes in controlling interest and loan guarantees. The financial review is a due diligence process on the part of the Ministry to assess the financial status of proposed licensees and their long-term capacity to deliver and maintain the operations of the home(s) in question.
Scope of Work
The ministry is procuring a new vendor to undertake financial reviews to support licensing decisions. The proposed procurement will run between March 2024 –April 2024 with a contract established by May 31, 2024. The Fixing Long-Term Care Act (FLTCA) requires that the Ministry of Long-Term Care undertake a financial review to support the Director’s decisions on specific licensing requests. Financial reviews are ongoing throughout the fiscal year and are slated to increase in FY24-25 to meet the governments mandate of 58,000 new beds by 2028.

Disclaimer All amendments to the associated notice, including amended documents, plans and specifications (where applicable), are issued by the originator of the notice. MERX asks you to contact the buying agency directly for these amendments. MERX stipulates that potential bidders may also be required to register with the buying authority as a bidder/plan taker. The contact information can be found within the main tender document and/or on this notice abstract.

Toutes les modifications associées à cet avis d’appel d’offres ainsi que les documents, les plans et les spécifications sont générés par l’entité responsable des achats (l’acheteur). S’il vous plait, contactez-le directement pour les addenda. Veuillez notez qu’il se peut que les fournisseurs soient obligés de s’inscrire directement avec l’acheteur. Vous pouvez trouver leur coordonnées dans le document principal ou dans l’abstrait de l’avis d’appel d’offre.

Source: https://ontariotenders.app.jaggaer.com/