Award
California State Teachers' Retirement System 1000036583
RET: GRANTOR TRUST AGREEMENT
Recipient
THE NORTHERN TRUST COMPANY
Award Amount
$1,000,000.00
Ceiling
$1,000,000.00
Awarded
July 24, 2025
Identifier
1000036583
The California State Teachers' Retirement System, a state agency in California, issued a purchase order to The Northern Trust Company for a Grantor Trust Agreement, with an obligated amount of $1,000,000. The order was placed on July 24, 2025, and the contract is expected to end on July 30, 2030. The purchase is categorized under financial services and appears to be a single-transaction award, possibly part of a larger multi-year contract. The award involves a notable contract amount and ongoing payments, with the vendor receiving payment for managing the trust agreement.
Description
RET: GRANTOR TRUST AGREEMENT