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AMERICAN CAPITAL ENTERPRISES, INC. 3 - 2014
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AMERICAN CAPITAL ENTERPRISES, INC. 3 - 2014
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Last modified
9/3/2015 9:36:48 AM
Creation date
9/2/2015 5:18:20 PM
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Contracts
Company Name
AMERICAN CAPITAL ENTERPRISES, INC.
Contract #
A-2014-147
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
6/17/2014
Expiration Date
6/30/2016
Insurance Exp Date
4/1/2016
Destruction Year
2021
Document Relationships
AMERICAN CAPITAL ENTERPRISES, INC. 3A-2014
(Amended By)
Path:
\Contracts / Agreements\A
AMERICAN CAPITAL ENTERPRISES, INC.-2017
(Amended By)
Path:
\Contracts / Agreements\A
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Stu 11T ;3kfa <br />11aNnoa do 11ki310 <br />� <br />' ;3WX330NVNC15NIll1Nn <br />,d {13 olfd An NUOM <br />31B N030Nvunsm <br />CONSULTANT AGREEMENT <br />THIS AGREEMENT, made and entered into this 17`x' 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 />1. SCOPE OF SERVICES <br />A. Consultant Responsibilities. Consultant shall provide continuing <br />collection services in connection with overdue miscellaneous aceorurts 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 />Make concerted efforts on behalf of the City to collect a]1 past due accounts <br />previously assigned to Consultant. <br />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 />A- 2014 -147 <br />
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