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  5. ›RFP 2026-03-DC - Third-Party Debt Collection &…

City of Chattahoochee·Florida

RFP 2026-03-DC - Third-Party Debt Collection & Credit-Bureau Reporting Services

Closes 11/30/2026$100k – $500kRequest for Proposal
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Description

The City of Chattahoochee is seeking a qualified, independent collection agency to recover past‑due municipal service accounts on a primarily contingency‑fee basis and, where lawful, report delinquent accounts to major credit bureaus. The agency must maximize net recovery, provide transparent pricing, place accounts into compliant collections promptly, protect city and consumer data, and deliver clear monthly performance reports. • Scope includes debt collection for electricity, water, wastewater, natural gas, solid‑waste, and other municipal services. • Compensation is percentage‑based on funds actually recovered; minimal or no upfront fees. • Contract term is one year with up to two optional one‑year renewals, requiring monthly reporting and adherence to credit‑bureau reporting rules.

Attached files

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

Contact

Amanda Applewhite(City Clerk)

[email protected]

(850) 663-4046

Key dates

Opened
10/29/2026
Questions due
11/13/2026
Closes
11/30/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
561440
Solicitation №
RFP-2026-03-DC-0-2026/AA

Budget estimate

$100,000 – $500,000

The contract operates on a contingency basis, so payment will depend on the amount recovered. Assuming the city recovers between $1 M and $5 M annually, a typical contingency rate of 10‑20% would yield a contractor budget roughly between $100,000 and $1,000,000. Considering minimal upfront fees and potential operational costs, a realistic estimate ranges from $100,000 to $500,000 for the first year.

AI estimate from the solicitation

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