INSURANCE CORPORATION OF BRITISH COLUMBIA has floated a tender for Identity Verification Services. The project location is Canada and the tender is closing on 20 Mar 2025. The tender notice number is BC5379, while the TOT Ref Number is 116024470. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Canada

Summary : Identity Verification Services

Deadline : 20 Mar 2025

Other Information

Notice Type : Tender

TOT Ref.No.: 116024470

Document Ref. No. : BC5379

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

Notice is hereby given by the Insurance Corporation of British Columbia (ICBC) of its intent to directly award a contract to the following supplier to provide Online Identity Verification Services.



2859824 Ontario Limited C/O Interac Corp. (“Interac”)

Royal Bank Plaza, North Tower

200 Bay Street, Suite 2400

PO Box 45

Toronto, Ontario, M5J 2J1, Canada



Rationale:

Interac is presently the sole service provider of a solution that enables individuals to have their identity verified through a secure and trusted online, real-time, Canadian financial Institutions- authentication service, qualifying it to “Identity Assurance Level (IAL) 3”, or “Security Level 3“.



Security Level 3 is currently required by ICBC to allow eligible customers to renew their vehicle annual insurance online via a mobile application and/or via a web browser.



The proposed contract term is two years, with an option to be renewed for one additional year, at ICBC-s discretion.



The projected contract spend is estimated to be CDN$1M for the first two years, or CDN$1.5M for the total three years, plus applicable taxes.



To dispute this decision, vendors should email Sourcing@icbc.com by noon PT on March 20, 2025. In the email subject line, please reference NOI 5379 - Identity Verification Services and provide specific reasons for the objection. Vendor objections will be considered based on their solutions, qualifications, compliance with B.C. laws, and thei...
Summary information
Notice type : Other
Language(s) : English
Contract duration : 36 month(s)
Procurement Mode : 2025/03/10
Closing date and time : 2025/03/20 15:00 EDT

Documents

 Tender Notice


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