Basic Information

Reference Number

0000220249

Issuing Organization

McMaster University

Owner Organization

Human Resouces

Solicitation Type

RFP - Request for Proposal (Formal)

Solicitation Number

03-22-831

Title

PENSION ADIMINSTRATION SOLUTION

Source ID

PU.AC.ON.224221.C81126

Agreement Types

Broader Public Sector (BPS)

Canada-European Union Comprehensive Economic and Trade Agreement(CETA)

Canadian Free Trade Agreement (CFTA)

Details

Location

Canada, Ontario, Hamilton-Niagara Peninsula

Purchase Type

Duration: 5 years

Description

McMaster University utilizes Oracle PeopleSoft as the university-wide Enterprise Resource Planning (ERP) system for Student Administration, Finance, Human Resources/Payroll and Research Administration. McMaster University is seeking a qualified Bidder to provide a pension administration solution that will interface with Oracle PeopleSoft. The solution is to include both software services and the capability to provide third-party pension administration support services that complement the software solution. McMaster has a co-source arrangement in place with the current pension administration system provider and performs many pension administration functions in-house. The University is seeking an outside pension administration solution which provides options for both a co-sourced and fully outsourced model.

Throughout this RFP “Mosaic” refers to McMaster’s ERP System Project.

This Request for Proposals (“RFP”) is for an internet-based Software as a Service (SaaS) pension administration solution that includes a self-service component, related third-party pension administrative services, and implementation services for the proposed Software Solution. The proposal shall include software licensing and any installation/support/maintenance services for the following major components:

•           Pension Plan configuration for multiple Plans with complex provisions
•           Member and beneficiary enrolment and tracking over employment life-cycle
•           Create on-demand pension calculations, reports, forms and letters
•           Self-service capabilities for Plan administrators and Plan members
•           Interface capability to Oracle PeopleSoft HCM
•           Capability for the proponent to provide related third-party pension administration services on a co-source basis with potential for full outsourcing in the future to complement and support the pension administration system

Dates

Publication

2022/03/22 05:27:04 PM EDT

Question Acceptance Deadline

2022/04/05 04:00:00 PM EDT

Closing Date

2022/04/21 02:00:00 PM EDT

Contact Information

Tracie Felton

905-525-9140 ext. 21383

feltont@mcmaster.ca

Bid Submission Process

Bid Submission Type

Physical Bid Submission

Additional Bidding Instructions

Proposals must be submitted through McMaster University’s online Bonfire portal at:
https://mcmaster.bonfirehub.ca/portal/?tab=openOpportunities
Submissions by other methods will not be accepted.
Minimum system requirements are Internet Explorer 8/9/10+, Google Chrome, or Mozilla Firefox. Javascript must be enabled.
Proponents should contact Bonfire at Support@GoBonfire.com for technical questions related to submissions, or visit Bonfire’s help forum at https://bonfirehub.zendesk.com/hc.

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