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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 PennCredit, a California corporation (hereinafter "Consultant "), and the City of <br />Santa Ana, a charter city and municipal corporation organized and existing under the <br />Constitution and laws of the State of California (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 services <br />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 />1. SCOPE OF SERVICES <br />A. Consultant Responsibilities. Consultant shall provide collection services <br />in connection with overdue miscellaneous accounts receivable billings assigned by City, <br />as set forth in Consultant's Proposal dated March 28, 2014, on file in the Santa Ana <br />Purchasing Division. In performing said services, Consultant shall: <br />1. Make concerted efforts on behalf of the City to collect all past due accounts <br />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 rates: <br />(i) For all accounts receivable initially placed for collection within 7 <br />months of delinquency: <br />a. 17% for accounts placed for standard collection; <br />b. 22% for accounts placed for collection subject to the Franchise <br />Tax Board's Interagency Collection Program (for which <br />Consultant must locate Social Security Numbers); and, <br />c. 33% for accounts requiring legal action. <br />(ii) For all accounts receivable initially placed for collection after 7 <br />months of delinquency: <br />25G -5 <br />
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