Enterprise Risk Management Enhancement and Implementation Solution

The buyer seeks an Enterprise Risk Management enhancement and implementation solution to establish a practical, scalable, and sustainable enterprise-wide approach for identifying, assessing, prioritizing, managing, monitoring, and reporting organizational risks. The selected vendor must collaborate with city divisions and business units to create a corporate risk register, standardized tools, processes, and reporting mechanisms. The vendor will also provide recommendations for an integrated ERM program, strengthen governance and oversight, enable risk-informed strategic planning and budgeting, foster a risk-aware culture, and build organizational capacity through training and knowledge transfer. The buyer limits eligibility to onshore Canadian vendors and requires offsite work performance. Vendors must register on the issuing authority's website to download the unwatermarked RFP. The buyer accepts digital responses via email or online and requests proposals to determine the budget. The contract period spans one year, and vendors must submit all questions no later than September 25, 2026.