INSURANCE CORPORATION OF BC 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 5379, while the TOT Ref Number is 116143081. 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.: 116143081

Document Ref. No. : 5379

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.
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


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