Addendum 1 - Non Utility Based Collections

CERTIFICATE OF ACKNOWLEDGMENT OF RECEIPT OF ADDENDUM

 

THE CITY OF READING

 

ADDENDUM NO. 1                                                            RFP:              Collection of Non-Utility Based Collections

 

                                                                                             DUE DATE:   3:00 P.M. Prevailing Time,

                                                                                                                      February 28, 2017

 

NOTICE

 

This addendum must be signed, attached to, and returned with your proposal to the City of Reading by the time and date indicated ABOVE:

 

Q1. What is the placement frequency? (i.e. daily, weekly, monthly, quarterly, etc.)? A1. Bi-Weekly

Q2. What is the placement volume, the number of accounts, at each frequency? A2. Approximately 8,600 annually

Q3. What is the average account balance? A3. $200.00

Q4. Please define what “non-utility based fees” are.

 

A4. Codes inspections, health violations, rental license fees, etc. Q5. How many agencies will you be awarding the contract to? A5. One

Q6. Is this the first time you have used an agency? If not, can you provide your current agency(s) and how long you have done business with them?

 

A6. No, our current agency is NRA.

 

Q7. If you have used another agency, can you provide the historical liquidation/recovery?

A7. Not currently available.

 

Q8. If you are selecting a new agency, what areas would you like to see improvement in? A8. Rate and volume of collections.

Q9. What is the average age of the accounts at time of placement? A9. 90 Days

Q10. Please describe your internal recovery process before a file is referred to a vendor. A10. Just send one bill.

Q11. Will you allow the agency to credit report? A11. Yes

Q12. Upon receiving the contract award, when do you anticipate making the first placement with the agency?

 

A12. Within two to three weeks

 

Q13. Question #17 under the Scope of Services requests the City be able to leverage data services for screening/scrubbing for bankruptcy and deceased persons on a quarterly basis on accounts not turned over to us. Do you have any idea of the volume you would submit quarterly for scrubbing?

 

A13. Currently unknown

 

I, HEREBY CERTIFY THAT THE CHANGES COVERED BY THIS ADDENDUM HAVE BEEN TAKEN INTO ACCOUNT.

 

Firm Name (Type or Print)__________________________________

 

Authorized Signature_______________________________________

 

Title_____________________________________________________

 

Name (Type or Print)_______________________________________

 

Date______________________________________________________