Actuarial Costing and Return on Investment Analysis for the Modernization of the Federal Workers’ Compensation Regime

ESDC is seeking an independent actuarial analysis of Canada’s federal workers’ compensation regime. The work would compare the short-, medium- and long-term direct and indirect costs of keeping the current system unchanged with the costs of implementing two proposed modernization options. The study would cover the overall regime, the five federal employers with the highest claim volumes, and selected employers with moderate claim volumes. It must also calculate the return on investment (ROI) for both modernization options. This opportunity appears most relevant to firms with demonstrated actuarial, workers’ compensation, financial modelling, cost-benefit and public-sector consulting experience. The tender is open and lists Gatineau, Quebec as the location. The closing date is November 30, 2026 at 2:00 p.m. Businesses should review the complete request for proposals for mandatory qualifications, experience requirements, deliverables, security or personnel conditions, pricing instructions and submission procedures. The available documents are the RFP and notice PDFs hosted on Canada Buys; verify all details in the official tender notice before deciding whether to submit a bid.

• check_circleProvide an independent actuarial costing analysis of the federal workers’ compensation regime.
• check_circleAssess short-, medium-, and long-term direct and indirect costs.
• check_circleAnalyze the costs under the following scenarios: the current regime remaining unchanged and implementation of each of two modernization options.
• check_circleReport overall regime costs.