Infrastructure Finance
What does IDC stand for?
Interest During Construction
At what dollar threshold do you require a prior Business Expense Approval?
$100
What is BC Bid?
Website for all of government's public procurements.
What is the total value of TI Corp's assigned projects in delivery?
$13.1
How many people are on the FPOC team (MOTI and TIC)?
33
What does NCE stand for?
Non conformity event
Within what radius is travel not reimbursed?
32km
What does ITT stand for?
Invitation to Tender
(or Immersed Tube Tunnel in some worlds)
TI Corp is delivering projects on behalf of how many ministries?
Two, MOTI and TACS
What is a Qualified Received?
Someone that certifies that TI Corp received the goods or services prior to an invoice moving forward for payment.
What is Canada's current overnight policy rate?
5%
How many invoices does Corporate Finance process per month?
140-180
What is the Core Policy and Procedures Manual?
All of the financial and procurement policies required for the BC Public Service.
Who is the owner of the major projects?
BCTFA
Who plays the protagonist in the 2016 film “The Accountant”?
Ben Afflick
How often does the Bank of Canada review the interest rate?
8 times per year
How many years has the longest serving employee been with TI Corp (going back to old TI Corp)?
13 years!
At what threshold can TI Corp direct award a contract?
None, direct award only allowed under specific circumstances, regardless of value.
Complete the equation:
Actual cost + _______ = Total project forecast
Forecast to go
How many designated accountants are there in the FPOC team?
12
What schedule of the project agreement includes payment terms?
Schedule 10
Name a piece of legislation that governs TI Corp's financial management and reporting?
Transportation Investment Act
Budget Transparency and Accountability Act
Financial Information Act
Financial Administration Act
What does 3CMB stand for? And what do they do?
Corporate Compliance and Controls Monitoring; they audit our finance and procurement processes to ensure they follow policy
When did the original Pattullo Bridge open and how much did it cost?
1937 for $4 million ($81.3M in 2023)
The accounting hall of fame is located at what large Ohio university?
Ohio State