Item 55
approved contract consent calendarMay 23, 2012
Description
Authorize to retroactively amend a contract with Account Control Technology Inc. (“ACT”), Canoga Park, CA (originally approved by G&C on 3-30-11, item #18), for debt out-of-state debt collection services, by exercising the optional one year extension from March 30, 2012 to March 29, 2013. This contract incurs no outlay of State funds as ACT 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%.
Department
DEPARTMENT OF REVENUE ADMINISTRATION
Funding Source
18.5% from any funds that are recovered without litigation
Effective Dates
March 30, 2012 — March 29, 2013
Vote Record
approved
Motion by Sununu, seconded by Burton authorized the request to retroactively amend
Raymond Burton
(R)
yes
Daniel St. Hilaire
(R)
yes
Christopher Sununu
(R)
yes
Raymond Wieczorek
(R)
yes
Dave Wheeler
(R)
yes