366 West 31st Street Manhattan New York County
Active State & local contract award New York Awarded
- Contract number
- L002620
- Awardee
- TEACHERS INSURANCE AND ANNUITY ASSOCIATI
- Contracting organization
- Department of Motor Vehicles
- Cumulative value
- $36,959,450
Award facts
- Completion date
Award details come from wwe2.osc.state.ny.us. Updated .
About this award
The contract L002620 was awarded to Teachers Insurance and Annuity Association (TIAA) by the New York State Department of Motor Vehicles (DMV), with an effective period from July 1, 2026, through December 31, 2036. The cumulative contract value is $36,959,450.00, representing a comprehensive long-term engagement spanning 10.5 years.
While specific details of the contracted products or services are not explicitly provided in the source documentation, the contract's substantial cumulative value and extended performance period suggest a significant and strategic initiative for the New York State DMV. The prime contractor, TIAA, is a well-known financial services organization, which may indicate the contract involves complex administrative, technological, or financial management services for the state's motor vehicle operations.
Quick answers
Who was awarded contract L002620?
Contract L002620 was awarded to TEACHERS INSURANCE AND ANNUITY ASSOCIATI by Department of Motor Vehicles in New York on September 1, 2026.
How much is contract L002620 worth?
Its cumulative value is $36,959,450.
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