Item 15

Authorize to enter into a contract with Premiere Credit of North America LLC, Indianapolis, IN, to perform Debt Collection Litigation Services for debts accumulated by out-of-state taxpayers for the Department. Effective upon G&C approval for one year from date of approval. This contract incurs no outlay of State funds as Premiere Credit is working on a percentage rate of recovery basis. As a first placement debt collector in the debt collection process, Premier Credit will retain 18% from any funds that are recovered without litigation, as a second placement debt collector in the collection process, Premiere Credit will retain 23% of funds collected without ligation; if litigation is required and approved by the Department, Premiere Credit shall retain 35%.