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University of Minnesota·Minnesota

UWide Agreement for Collections Agency Services

Closes 7/14/2026$100k – $500kRequest for Proposal
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Description

The University of Minnesota is seeking proposals for collections agency services. The selected vendor(s) will be responsible for providing recovery services to the university. The university may award multiple contracts to multiple vendors. The proposal should include information about the vendor's relevant membership in national organizations and certifications that demonstrate a high commitment to compliance. The vendor should also provide information about their qualifications and experience in providing collections agency services. • The university is looking for vendors who can provide one or more of the following recovery services: • The vendor should have experience in providing collections agency services to large organizations • The vendor should have a high commitment to compliance with national and state regulations • The vendor should have a proven track record of success in recovering debts • The vendor should have a strong customer service program in place • The vendor should have a robust technology platform to support their services

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Sarah Erhardt

[email protected]

Key dates

Opened
6/2/2026
Questions due
6/9/2026
Closes
7/14/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
561440
Solicitation №
U520.2026.SEJST Addendum 1

Budget estimate

$100,000 – $500,000

The budget for this opportunity is difficult to estimate, as the university has not provided a specific budget for the project. However, based on the scope of the project, it is likely that the budget will be in the range of $100,000 to $500,000 per year, depending on the number of vendors selected and the scope of the services provided. The budget will likely be influenced by the vendor's ability to provide high-quality recovery services, their experience in providing services to large organizations, and their commitment to compliance with national and state regulations.

AI estimate from the solicitation

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