EQUIFAX IS AWARDED OFFICE OF GOVERNMENT COMMERCE CONTRACT
London 9th January 2007 – Leading business credit and financial information provider, Equifax, has entered into an agreement with the Office of Government Commerce (OGC) for a framework contract to provide access to business financial reports for public sector procurers. Under the new agreement, Equifax will operate the framework contract for three years with an option to extend for one year.
The OGC recognises the importance of procurement in delivering high-quality public services and value for money. Under the agreement, public sector purchasers will be offered a choice of two reports, which provide fast, efficient and cost effective access to information and analysis. This will enable purchasers to make a detailed assessment of the credit worthiness and financial stability of prospective suppliers, and will facilitate informed and confident procurement decisions.
“We are delighted that the OGC has chosen Equifax to offer this facility to public sector purchasers.” comments Neil Munroe, External Affairs Director at Equifax. “Our agreement with OGC offers an enhanced level of buying protection for the public sector and reinforces the value of Equifax’s data in offering a detailed insight into the financial status of businesses across all industry sectors.”
Notes to Editors
For further press information, please contact: Wendy Harrison, Margot Tomkinson or Linda Pearson at HSL on 020 8977 9132 / Fax: 020 8977 5200 or
Email: margot@harrisonsadler.com
About Equifax
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.
Customers have trusted Equifax for over 100 years to deliver innovative solutions with the highest integrity and reliability. Businesses – large and small – rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, and much more. We empower individual consumers to manage their personal credit information, protect their identity, and maximize their financial well-being.
Headquartered in Atlanta, Georgia, Equifax Inc. employs approximately 6,900 people in 14 countries through North America, Latin America and Europe. Equifax is a member of Standard & Poor’s (S&P) 500® Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.
About OGC
The Office of Government Commerce (OGC) is an office of HM Treasury, responsible for improving value for money by driving up standards and capability in procurement, from commodities buying to the delivery of major capital projects, maximising the effective use of 60% of Government spending and a £30 billion property estate.
A new Government strategy launched in January 2007, Transforming Government Procurement, highlighted the central importance of procurement in delivering high-quality public services and best value for money. OGC is tasked with delivering this transformation, and with driving up standards and procurement capability across central Government. The OGC will do this through:
- Setting procurement standards and monitoring performance and capability;
- Developing a cadre of skilled procurement professionals across Government;
- Driving value for money through collaborative procurement;
- Playing a stronger role in the successful delivery of major projects;
- And improving management and use of the Government estate.
Equifax. Information That Empowers.
