Item 40

Authorize to exercise a retroactive option to renew an existing contract with Premiere Credit of North America LLC, Indianapolis, IN (originally approved by G&C on 8-14-13, item #15), to perform debt collection services for debts for the Department. Premiere Credit of North America LLC is working on a percentage rate of recovery basis. As a first placement debt collector in the debt collection process, Premiere Credit LLC will retain 18% from any funds that are recovered without litigation, as a second payment debt collector in the collection process, Premiere Credit LLC will retain 23% of funds collected without litigation; if litigation is required and approved by the Department, Premiere Credit LLC shall retain 35%.