The Ontario Council for Technology Education (OCTE) recently engaged in a financial audit reviewing the last two years of financial data and organizational procedures. Among several key recommendations identified was the fact that our Constitution and By-Laws do not align with the current director structure and operation of our organization. At this point, we are seeking a lawyer to provide legal advice and a process to ensure that we select the correct governance structure and Constitution that meet the needs of our public education partners, while ensuring that our By-Laws are in compliance with the Not-For-Profit Corporations Act of Ontario.
OCTE is welcoming proposals from licensed law firms who provide services in corporation law to:
- Review the audit key recommendations, both financial procedures and governance, from a legal perspective and provide implementation protocols through a revised by-law structure;
- Review our OCTE governance structure and Constitution and make recommendations for a structure that meets the needs of our public education partners, ensuring that such proposed governance structure complies with the Not-For-Profit Corporations Act of Ontario;
- Support and guide OCTE in updating and submitting proposed changes to our governance structure, Constitution, and By-Laws to our members, in accordance with mandates under the Not-For-Profit Corporations Act;
- Provide or advise on any additional documents and/or procedures to ensure all steps of the process are legally binding.
Questions may be directed to Christine German, Manager of Growth and Innovation at cgerman@octe.ca. Licensed law firms should please submit proposals to the email address above by Friday July 26th at 4:00pm.