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University of Minnesota·Minnesota

UWide Agreement for Collections Agency Services

Closes 6/30/2026$100k – $500kRequest for Proposal
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Description

The University of Minnesota is seeking proposals from collection agencies to provide recovery services. The University intends to consider multiple vendors and may award contracts to multiple respondents. The selected vendors will be responsible for providing information about their relevant membership in national organizations and certifications that demonstrate a high commitment to compliance. The University may require oral presentations, site visits, or testing of the proposed goods and/or work. • The RFP is open to all qualified vendors. • The University may issue addenda to the RFP at any time. • Respondents must submit their proposals electronically through the MBID system. • The University reserves the right to reject any or all proposals, wholly or in part. • The contract will be governed by the terms and conditions included in the RFP or additional negotiated terms and conditions.

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
6/30/2026

Last updated

Details

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

Budget estimate

$100,000 – $500,000

The budget for this opportunity is difficult to estimate, as the RFP does not provide a specific dollar amount. However, based on the scope of work, which includes providing recovery services for the University of Minnesota, a possible estimate could be in the range of $100,000 to $500,000 per year, depending on the volume of debt to be collected and the success rate of the collection agency. The actual budget will depend on the terms and conditions of the contract and the performance of the selected vendor.

AI estimate from the solicitation

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