BILLING-0712 - USA (Hartford, Connecticut) - Credit and Collection Services - Deadline May 17,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: BILLING-0712

Government Authority located in Hartford, Connecticut; USA based organization looking for expert vendors for Credit and Collection Services.

[A] Budget: Looking for proposal

[B] Scope of Service:

Vendor needs to provide credit and collection services include collections on first and second referrals on student loans from federal, nursing student loan, health professional student loan, loan for disadvantaged students, primary care loan, any other federal or state loan programs, litigation, judgment loans, along with general accounts receivable which are comprised of unpaid general student debt and universities long-term loans. accept, process, and properly handle federally funded student loan debts, tuition debts, and miscellaneous education-related debts, provide traditional collections services, as well as the ability to accelerate the turnover of an account to attorney action. the agency must be capable of referring to credit bureau reporting at the earliest point allowed by law after at least 60 days after date of placement. the agency must provide a fee structure that provides the agency motivation for normal collection versus the use of litigation. the agency shall comply with general statutes including section 36a-805, it is encouraged that proposers submit the lowest possible collection fee percentages that maximize the institutions’ potential collection revenue to the government authority located in Hartford, CT.
(2) All question must be submitted no later than April 22, 2019.
(3) The contract term will be for five years.

[C] Eligibility:

Onshore (USA Only)

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Friday, 17 May, 2019

Question Answer Deadline : Monday, 22 April, 2019

Category : Billing Services, Debt Collection Services

Country : USA

State : Connecticut

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