Source
Comments
p.5 "If the situation is not remediated, Nother Trust may terminate the relationship with the vendor and disqualify the vendor from participating in any future bidding processes for Nother Trust's mandates."
If a vendor is found to be in breach of its contract, including in breach of the terms of the Supplier Code of Conduct, Northern Trust will engage with the vendor to remediate the situation.5
If the situation is not remediated, Northern Trust may terminate the relationship with the vendor and disqualify the vendor from participating in any future bidding processes for Northern Trust's mandates.5