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AMERICAN CAPITAL INTERPRISES, INC.
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AMERICAN CAPITAL INTERPRISES, INC.
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Last modified
8/16/2019 10:18:44 AM
Creation date
8/16/2019 9:29:02 AM
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Contracts
Company Name
AMERICAN CAPITAL INTERPRISES, INC.
Contract #
A-2019-119
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
7/16/2019
Expiration Date
6/30/2024
Insurance Exp Date
1/1/1900
Destruction Year
2029
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/�i erlcC1I1CCI�Dfpl <br />dL ENTERPRISES, INC, <br />41870Xbm.St Si. 190,Mwh ,G92562 <br />Tel 951.696.3377 I F= 751475.3763 <br />NEGOTIATE® FEE PROPOSAL * <br />EXHIBIT E <br />The collection of bad debt is at the heart of American Capitals' receivable <br />programs. Whether performing early out functions, purchasing bad debt <br />portfolios, or special clean out projects, It all begins with the skill, <br />expertise and technology acquired In the collection of overdue monies. <br />Our proposed rates follow. These fees are also applicable for the optional <br />contract extension period. <br />BAD DEBT PROPOSAL <br />AMERICAN CAPITAL PROPOSES TO COLLECT THE CITY OF SANTA ANA'S <br />BAD DEBT ACCOUNTS AT THE FOLLOWING FLAT RATES; <br />• First Placement Accounts .... <br />Second Placement Accounts <br />(If applicable) <br />Legais ... <br />OTHER PROGRAMS <br />17% <br />Flat490/a Contingency <br />30% <br />................................ �50Of,•Contingency <br />30% <br />....... .................... .Q96-Contingency <br />• Letter Service (2 Letter Service) ........................ $20.00 Per Account <br />• Early Out Programs ............................................... 12% Contingency <br />(No more than 120 days from billing) <br />• Special Cleanout Projects .............. --............. quoted Upon Request <br />*Contingent upon a 5 year contract <br />for all assignable bad debt. <br />21 <br />25H-76 <br />
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