The Autorité des marchés financiers ("AMF") wishes to inform business enterprises bidding on 50 new contracts covered by the latest Order in Council - Certain contracts of Ville de Montréal (pdf - 61 KB)This link will open in a new window that they must first file an authorization application with the AMF by the bid submission deadline. These enterprises should download the form and appendices for assistance in preparing an application for authorization.
Processing of applications
When the Ville de Montréal has analyzed bids on any of the 225 contracts covered to date by an Order in Council and forwarded the names of the two highest ranking tenderers to the AMF, the latter will then process the authorization applications filed by the two tenderers.
In addition to the applications of enterprises bidding on any of the 225 Ville de Montréal contracts, the AMF is processing authorization applications from enterprises responding to a call for tenders for public or public-private partnership contracts and subcontracts equal to or greater than $40 million.
The AMF verifies whether the applications are complete and compliant, before forwarding the information obtained to UPAC. In co-operation with the Sûreté du Québec, Revenu Québec, theRégie du bâtiment du Québec and the Commission de la construction du Québec, UPAC performs the audits it considers necessary and gives the AMF an opinion regarding the enterprise applying for authorization. This opinion will indicate the reason UPAC is recommending or, as the case may be, refusing authorization. Once it has received the opinion from UPAC, the AMF will issue a decision on the authorization application.
Enterprises that are issued AMF authorization are immediately entered in the Register of enterprises authorized to enter into public contracts and subcontracts available on the AMF website.
Subject to an official decision by the Québec government, the threshold above which certain public contracts will be subject to the Integrity in Public Contracts Act will be lowered in the fall 2013.
In view of this lower threshold, the Autorité des marchés financiers ("AMF") encourages enterprises that intend to bid, over the coming months, on a construction contract or subcontract or a public-private partnership contract equal to or greater than $10 million to complete and file the required application for authorization in advance and without delay.