Risk Management Services

The government authority located in Victoria, British Columbia, is seeking professional risk management advisory services on an as, if, and when required basis. The agency needs to support the ongoing development and implementation of a departmental enterprise risk management framework. The primary goal is to strengthen the consistency, clarity, and usability of risk management practices while building internal capability and ensuring that risk information effectively informs decision-making, strategic planning, and reporting to senior leadership. The requested scope of work covers risk management program development, facilitating and aggregating operational risks, developing risk tracking tools, standardizing risk definitions, consolidating registries, identifying gaps, and providing training for recurring reviews. The selected provider must review and refine risk management tools, methodologies, and practices, while also facilitating risk identification and assessment activities at the departmental and divisional levels. Additionally, the project includes supporting governance and oversight structures, developing risk-related policies and frameworks such as risk appetite statements, and delivering training and awareness activities tailored to different levels of management and oversight. Eligible bidders must be onshore organizations located in Canada only. The agency requires the performance of the work to be conducted offsite. The agency has not disclosed a specific budget and is looking for proposals to determine the cost. Bidders must submit all questions regarding this opportunity no later than June 30, 2026.