Meetings / Apr 17, 2013 / Item 28

Item 28

approved contract consent calendar

Apr 17, 2013

Description

Authorize to amend a contract with Account Control Technology Inc., Canoga Park, CA (originally approved by G&C on 3-30-11, item #118), for out-of-state debt collection services, by exercising the second optional one year extension retroactively from March 30, 2013 to March 29, 2014. This contract incurs no outlay of State funds as ACR is working on a percentage rate of recovery basis. As a first placement debt collector in the debt collection process, ACT will retain 18.5% from any funds that are recovered without litigation; if litigation is required and approved by the Department, ACT shall retain 35%.

Vendor
Account Control Technology Inc.
Canoga Park, CA
Funding Source
18.5% from any funds that are recovered without litigation
Effective Dates
March 30, 2013 — March 29, 2014
Vote Record approved
Motion by Burton, seconded by Pappas
Raymond Burton (R) yes
Colin Van Ostern (D) yes
Christopher Sununu (R) yes
Christopher Pappas (D) yes
Debora Pignatelli (D) yes
Related Sub-Items (2)

Documents (2)

Item_28.pdf Open in new tab →
Item_28A.pdf (28A) Open in new tab →
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