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The University of Arizona·Arizona

Request for Proposal for Debt Collection Services

Closes 8/21/2026$1M – $5MRequest for Proposal
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Description

The University of Arizona, on behalf of the Arizona Board of Regents, is seeking a vendor to provide comprehensive debt‑collection services for its three flagship campuses (UA, ASU, NAU). The contract covers pre‑collection communications, full‑collection activities on federal student loans and general university receivables, litigation and judgment collections, and extensive reporting requirements. Compensation is strictly commission‑based, with rates ranging from 23% to 40% depending on referral tier and service type, and the contract runs for an initial one‑year term with up to four one‑year renewals. • Scope includes federal student‑loan collections, general tuition/receivable collections, international collections, and litigation support. • Vendor must maintain nationwide licensing, secure FTP data transfers, separate invoicing by loan program, and deliver monthly, weekly, and annual reports. • Required insurance minimums total $1‑2 M per policy, and the vendor must comply with FERPA, HIPAA, PCI‑DSS, and other federal/state privacy regulations.

Attached files

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

Contact

Celeste Kanzig(Primary RFP Contact)

[email protected]

Key dates

Opened
7/6/2026
Questions due
7/16/2026
Closes
8/21/2026
Projected award
7/28/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
561440
Solicitation №
L192612

Budget estimate

$1,000,000 – $5,000,000

The contract is commission‑based (23%‑28.5% on most collections, 40% on judgments). Assuming the universities recover $5–$20 million annually, the vendor’s earnings could range from roughly $1.15 million (23% of $5 M) up to $8 million (40% of $20 M). Realistic annual budgets are therefore likely between $1 million and $5 million, depending on portfolio size and recovery rates.

AI estimate from the solicitation

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