Procurement Summary
Country : Canada
Summary : Identity Verification Services
Deadline : 20 Mar 2025
Other Information
Notice Type : Tender
TOT Ref.No.: 116143081
Document Ref. No. : 5379
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender 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.
Solicitation Type : NOI - Notice of Intent (Informal)
Reference Number : 00004457298
Location : British Columbia
Purchase Type : Not Stated
Dates Publication : 2025/03/12 01:25:00 PM EDT
Closing Date : 2025/03/20 03:00:00 PM EDT
Contact Information : Strategic Sourcing
: sourcing@icbc.com
:
Description : 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.
Documents
Tender Notice