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  5. ›Education Receivables Past Due Debt Collection

State University of New York (SUNY)·New York

Education Receivables Past Due Debt Collection

Closes 6/22/2026$500k – $1MRequest for ProposalLogin required
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Description

State University of New York at Buffalo and State University of New York at Fredonia are soliciting proposals for a collection agency to refer their educational receiveable past due accounts for collection activity Business enterprises awarded an identical or substantially similar procurement contract within the past five years: None Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 6.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 15.90% WBE Goal: 14.10%

Attached files

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

Contact

Bethany Scibetta(Senior Buyer)

[email protected]

(716) 645-4512

Key dates

Opened
5/20/2026
Closes
6/22/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
561440
Solicitation №
25BMS0150

Budget estimate

$500,000 – $1,000,000

The budget for this opportunity is difficult to estimate, as the document does not provide a clear indication of the total value of the past due debts or the commission rate that the collection agency will earn. However, based on industry standards, it is possible that the collection agency could earn a commission of 10-20% of the total value of the debts collected. Assuming an average debt value of $1,000 and a total of 1,000 debts, the total value of the debts could be $1,000,000. With a commission rate of 15%, the collection agency could earn $150,000 per year, or $750,000 over the 5-year contract term.

AI estimate from the solicitation

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