November 17, 2018

IBDS Saskatchewan

Developing Pathways to Achieve Goals

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The Procurement Strategy for Aboriginal Business (PSAB) is an innovative and effective initiative that encourages Indigenous businesses to pursue federal government contracting opportunities. The Initiative was launched in 1996 to address the under-representation of Indigenous businesses in federal procurement processes – all Government of Canada departments and agencies participate in PSAB. Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC) implements PSAB on behalf of the Government of Canada.
 

PSAB benefits Indigenous businesses by:

  • Enabling businesses to tap into new markets and supply chains with over 200 federal departments and agencies operating throughout Canada
  • Fair competition – only Indigenous businesses competing amongst each other
  • Increasing business capacity by competing and winning federal contracts
  • Distinction of doing business with the Government of Canada
  • Gaining a greater insight into government contracting
 

We encourage you to direct Indigenous businesses to register in PSAB’ Indigenous Business Directory (IBD). The IBD acts as a search engine available to private industry, municipal and provincial governments, as well as the federal government procurement community. To maintain the integrity of the IBD and compliance with the PSAB program, all businesses registered in the IBD are subject to random audits and mandatory pre-award audits (for contracts over $2M). Registration is free and takes about 30 minutes. Once registration is complete, the PSAB auditors review and confirm registration within 48 hours.