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State of Delaware DTCC·Delaware

Outside Collection Services

Closes 4/29/2026$150k – $250kRequest for Proposal
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Description

Delaware Technical and Community College (DTCC) is seeking a qualified vendor to provide outside collection services for delinquent student accounts (tuition, fees, fines, etc.). The contractor will receive account data, conduct compliant collection activities, deposit collected funds into a state escrow account, and provide detailed monthly and quarterly reporting. The contract is a three‑year term with possible one‑year extensions and a month‑to‑month extension option, and compensation is based on an 8 % contingency fee of amounts collected. The vendor must be an active ACA International member, hold required Delaware licensing, maintain specified insurance limits, and ensure all student data remains within the United States. • Perform account placement, collection communications (mail, phone, email, text) and manage payment plans in compliance with FDCPA, FERPA, and related statutes. • Deposit all collected monies weekly into a designated escrow account and submit weekly activity reports and monthly invoices. • Provide monthly usage reports, quarterly subcontractor reports, and maintain robust data‑security measures (U.S.–only storage, cyber‑liability insurance). • Meet minimum vendor requirements: ≥5 years collection experience, ≥2 government/higher‑education contracts, ACA membership, Delaware collection‑agency license, and required liability insurance. • No pre‑bid meeting required; proposals due April 29 2026, with award anticipated July 15 2026.

Attached files

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

Contact

Courtney Stewart(Designated Contact)

[email protected]

Key dates

Opened
3/6/2026
Questions due
4/1/2026
Closes
4/29/2026
Projected award
7/15/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
561410
Solicitation №
DTCC2603-COLLECT

Budget estimate

$150,000 – $250,000

Historical contingency‑fee payments to the incumbent were $66,566 (FY 2024) and $60,590 (FY 2025), reflecting an 8 % fee on roughly $800‑$900 k of collections per year. Assuming similar volume, a new contractor could expect annual fees in the $60‑$70 k range, totaling about $180‑$210 k over the base three‑year term. With optional extensions and potential growth in accounts, the total contract value could rise to $250 k at the high end.

AI estimate from the solicitation

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