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  5. ›COLLECTION SERVICES - County of Lancaster, PA

Awarded contract·County of Lancaster·Pennsylvania

COLLECTION SERVICES - County of Lancaster, PA

Won by APEX ASSET MANAGEMENT LLC +8 more$9MMultiple Award
Contract source

Awarded vendors

  • APEX ASSET MANAGEMENT LLC
  • ARACADIA RECOVERY BUREAU, LLC
  • CBY SYSTEMS, INC.
  • CREDIT MANAGEMENT COMPANY
  • THE CMI GROUP
  • LINEBARGER GOGGAN BLAIR & SAMPSON, LLP
  • MUNICIPAL SERVICES BUREAU
  • PENN CREDIT CORPORATION
  • PROFESSIONAL CREDIT SERVICE

Description

The County of Lancaster, PA, is seeking proposals for providing collection services for a three-year base period with the option to extend for two additional one-year periods. The contract was awarded to multiple vendors, with APEX ASSET MANAGEMENT LLC as the primary agency and PROFESSIONAL CREDIT SERVICE as the secondary agency. The scope of work includes providing collection services for the County of Lancaster. Key information to note is that the contract has a base period of three years, with options for extension, and the vendors will provide collection services to the County. • The contract has a base period of three years. • The contract has options for two additional one-year periods. • The vendors will provide collection services to the County of Lancaster. • The contract was awarded to multiple vendors. • The primary agency is APEX ASSET MANAGEMENT LLC. • The secondary agency is PROFESSIONAL CREDIT SERVICE.

Attached files

Key dates

Starts
1/8/2018
Ends
1/7/2021
Duration
3 years

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
561440
Solicitation №
17-003

Contract value

$9,000,000

The contract value is not explicitly stated, but based on the scope of work and the fact that it's a three-year contract with options for extension, it's likely to be a significant amount. The contract involves providing collection services for the County of Lancaster, PA, which could involve collecting debts, handling customer inquiries, and performing other related tasks. The value of the contract could be estimated to be in the range of $1 million to $5 million per year, depending on the volume of collections and the level of service required. Therefore, the total contract value could be estimated to be around $3 million to $15 million over the three-year base period, with potential extensions.

AI estimate from the award documents

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