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25G - AGMT - COLLECTION AGENCY SRVS
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25G - AGMT - COLLECTION AGENCY SRVS
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Last modified
6/12/2014 3:54:37 PM
Creation date
6/12/2014 3:01:45 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25G
Date
6/17/2014
Destruction Year
2019
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CONSULTANT AGREEMENT <br />THIS AGREEMENT, made and entered into this 17`h day of June, 2014 by and <br />between American Capital Enterprises, Inc., a California corporation (hereinafter <br />"Consultant "), and the City of Santa Ana, a charter city and municipal corporation <br />organized and existing under the Constitution and laws of the State of California <br />(hereinafter "City "). <br />RECITALS <br />A. The City desires to retain a consultant having special skill and knowledge in the <br />field of debt collection. <br />B. Consultant represents that Consultant is able and willing to provide such <br />services to the City. <br />C. In undertaking the performance of this Agreement, Consultant represents that it <br />is knowledgeable in its field and that any services performed by Consultant <br />under this Agreement will be performed in compliance with such standards as <br />may reasonably be expected from a professional consulting firm in the field. <br />NOW THEREFORE, in consideration of the mutual and respective promises, and <br />subject to the terms and conditions hereinafter set forth, the parties agree as follows: <br />I. SCOPE OF SERVICES <br />A. Consultant Responsibilities. Consultant shall provide continuing <br />collection services in connection with overdue miscellaneous accounts receivable billings <br />previously assigned by the City to Consultant through June 30, 2014, as set forth in <br />Consultant's Proposal dated March 20, 2014, on file in the Santa Ana Purchasing <br />Division. In performing said services, Consultant shall: <br />I. Make concerted efforts on behalf of the City to collect all past due accounts <br />previously assigned to Consultant. <br />2. Provide services on a contingency basis and retain commission on all monies <br />collected on assigned accounts, whether paid to City or Consultant, at the <br />following: <br />(i) Standard accounts 20% <br />(ii) Accounts requiring legal action 35% <br />3. Collect any interest accruing from the date of assignment, if allowed by law. <br />4. Obtain prior written approval from City before initiating any legal action on <br />an account. <br />5. Advance all legal costs in connection with approved legal action against any <br />debtor. <br />25G -13 <br />
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