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Financial Model Validation Services

Overview


Financial, Legal, HR & Staffing
Toronto, Ontario, CanadaPosted: September 26, 2026Deadline: October 26, 2026

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SUMMARY


A government authority requires a qualified vendor to validate a complex financial model supporting a mixed-use development pipeline. The engagement includes model integrity testing, formula auditing, risk assessment, and a comprehensive validation report under a one-year contract.

KEY REQUIREMENTS


CONTRACT DURATION


3 months

TIMELINE


Issue Date: September 25th, 2026

Deadline for Questions: October 9th, 2026

Deadline for Issuing Addenda: October 13th, 2026

Proposal Deadline: October 26th, 2026

Target Commencement: December 2026

QUESTION DEADLINE


October 9, 2026

CONTACTS


Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

Issuing Agency


Toronto Community Housing Corporation

Organization overview and procurement intelligence available on paid plans.
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DESCRIPTION


A government authority in North York, Ontario is seeking financial model validation services for a one-year contract. The validation will assess whether the financial model is conceptually sound, technically accurate, and reliable for evaluating project feasibility and viability, mitigating investment risks, and supporting financing and investment decisions related to the authority’s development project pipeline.

The review will focus on the integrated revenue and cost structures of a mixed-use project comprising residential, retail, office, and community centre components. Services will include reviewing the model’s organization, logic flow, navigation, and separation of input, calculation, and output sheets; auditing formulas to identify errors, inconsistencies, and hard-coded values; verifying input controls and assumption references; and identifying and assessing circular references.

The successful vendor must provide a financial model validation report containing an executive summary, methodology, detailed issues log, recommendations for improvement, risk assessment and mitigation strategies, issue severity classifications, remediation recommendations, and overall model improvement guidance. Questions must be submitted by October 9, 2026.

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Frequently asked questions


When is the submission deadline?
Submissions are due October 26, 2026. Questions must be submitted by October 9, 2026.
Who issued this RFP?
It was issued by Toronto Community Housing Corporation. The work is located in Toronto, Ontario, Canada.
Who is a good fit for this opportunity?
  • Financial modeling and model validation consultancy
  • Experience auditing complex real estate and mixed-use development models
  • Expertise in formula testing, model integrity reviews, and circular reference analysis
  • Strong capabilities in investment risk assessment and financial feasibility analysis
  • Able to deliver detailed findings, severity classifications, and remediation recommendations

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