📑Financial Services
Procurement process summary
This process is to purchase Financial Services.
This contract was awarded by 🇬🇧 NWUPC Ltd for an amount of GBP 150,000,000 to 1 supplier. It was published on 2019-04-15 through open
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
Buying entity🇬🇧 NWUPC Ltd Buying unitnot reported Publication date2019-04-15 Contest statusnot reported DescriptionThe NWUPC is seeking to establish a multi-provider framework agreement on behalf of the members of NWUPC, NEUPC, LUPC, SUPC and HEPCW for financial services. This framework agreement will commence on 1.8.2019 for an initial period of 24 months until 31.7.2021 with the option to extend the agreement for 12 months until 31.7.2022 and a further 12 months until 31.7.2023 subject to satisfactory economic operator performance. https://www.nwupc.ac.uk/our-members http://www.hepcw.ac.uk/files/2016/01/HEPCW-Members1.pdf https://www.lupc.ac.uk/member-list http://www.neupc.ac.uk/our-members https://www.supc.ac.uk/about-us/our-members/our-membersAwards
This award was granted to TIAA Ltd by NWUPC Ltd for an amount of GBP 150,000,000. The procurement process was conducted through open for the category of services. This is award number 3.
This contract has multiple awards. This is award number 3. View other awards for this contract
| Supplier | Amount | Award number |
|---|---|---|
| 🇬🇧 TIAA Ltd | GBP 150,000,000 | 3 |
Market context and opportunities
The execution of this contract allows the entity NWUPC Ltd to fulfill its public service objectives efficiently.
The open purchase modality ensures that the process is transparent and compliant with regulations.
Transparency in this process is reflected in the detailed publication of all aspects of the contract and its results.
This transparency in public procurement promotes fair competition, prevents corruption, and ensures that public resources are used efficiently for the benefit of citizens.
Additional data
Contract NumberUK_ocds-70d2nz-fd046261-8a45-49f6-bdd2-6cb83d8f1e81-award-3Publication date2019-04-15Contract datenot reportedAward datenot reportedCategoriesservicesPurchase modalityopenMethod detailspt_openStatusnot reportedData sources
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