Basic Information

Reference Number

0000311900

Issuing Organization

Financial Services Regulatory Authority of Ontario (FSRA)

Solicitation Type

RFP - Request for Proposal (Formal)

Solicitation Number

FSRA2025-035

Title

Auto Insurance Products Systems Implementation & Application Managed Services

Source ID

PP.CO.ON.1010658.C113082

Agreement Type

Canada-European Union Comprehensive Economic and Trade Agreement(CETA)

Details

Location

Canada, Ontario, Toronto

Delivery Point

Toronto

Purchase Type

Term: 2027/01/04 09:00:00 AM EST - 2028/07/31 05:00:00 PM EDT
Option: AMS 5 1-year terms

Description

The project objective is to implement a modern, scalable technology platform that enhances automation, streamlines and accelerates rate and underwriting filing processes, and fortifies audit and data collection capabilities. This transformation is essential to enabling proactive, data-informed supervision and regulatory oversight, aligning with FSRA’s strategic vision for a more agile, transparent, and effective auto insurance regulatory framework.
The AIP transformation project aims to enable a consumer-centric regulatory oversight model that ensures rate and underwriting practices are transparent, equitable, and responsive to consumer needs—ultimately building public trust and aligning with FSRA’s mandate to protect consumers. At the same time, it enhances regulatory agility and responsiveness by enabling real-time supervision, faster approvals, and dynamic oversight of insurer practices, allowing FSRA to adapt quickly to emerging risks and the evolving auto insurance landscape.

Dates

Publication

2026/01/16 02:41:40 PM EST

Bid Intent

Optional

Bid Intent Deadline

2026/01/30 12:00:00 PM EST

Question Acceptance Deadline

2026/01/30 04:00:00 PM EST

Questions are submitted online

Yes

Closing Date

2026/03/11 05:00:00 PM EDT

Other

2026/01/23 12:00:00 PM EST

Contact Information

Susan Henry

437-232-6814

susan.henry@fsrao.ca

Pre-Bidding Events

Event Type

Vendor Briefing Video to be posted

Attendance

Recommended

Event date

2026/01/23 12:00:00 PM EST

Location

on MERX

Event Note

Vendor Briefing video explains project and procurement rules
See more

Bid Submission Process

Bid Submission Type

Electronic Bid Submission

Envelope 1 - Identity & Proposal

Pricing

No pricing in this envelope

Bid Documents List

Item Name	Description	Mandatory	Limited to 1 file
Bid Documents	Documents defining the proposal	No	No
No entries

Additional Bidding Instructions

Must contain Submission Form, Appendices A, E1, E2, E3 and Attachments 1, 2 and 3.

Envelope 2 - Pricing

Pricing

Lump sum

Bid Documents List

Item Name	Description	Mandatory	Limited to 1 file
Bid Documents	Documents defining the proposal	No	No
No entries

Additional Bidding Instructions

Must contain Appendices C, C1 and C2.

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