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Nevada Department of Conservation and Natural Resources·Nevada

Collection Servies

Closes 4/5/2021$500k – $2MRequest for Proposal
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Description

The State of Nevada Purchasing Division on behalf of the Department of Conservation and Natural Resources, Nevada Division of Environmental Protection, Bureau of Corrective Actions is seeking proposals from qualified vendors to provide debt collection services on behalf of the Bureau. The scope of work includes all means of debt collection under the Fair Debt Collection Practices Act, including establishing communications with claimants, managing repayment plans, verifying claimant information, locating and garnishing wages and bank accounts, and preparing and executing complaints or judgments against non-responsive claimants. The selected firm will perform the debt collection services at the discretion and direction of the NDEP, BCA. The contract is anticipated to begin on July 1, 2021, and end on June 30, 2025. • The selected firm must be registered, licensed, bonded, and insured as required in the State of Nevada and be willing to become registered, licensed, bonded, and insured in California, Arizona, and Utah, if necessary. • The selected firm must provide monthly communication reports and accounting details to the assigned NDEP, BCA, contract manager and NDEP, BCA, project manager. • The selected firm must deliver debt collection services for a term of four years. • The contract will be administered by the Bureau of Corrective Actions. • The State of Nevada reserves the right to modify the RFP timeline and contract terms.

Attached files

Contact

Nancy Feser(Purchasing Officer II)

[email protected]

(775) 684-0170

Key dates

Opened
3/8/2021
Questions due
3/15/2021
Closes
4/5/2021
Projected award
4/12/2021
Duration
4 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
561440
Solicitation №
70CNR-S1504

Budget estimate

$500,000 – $2,000,000

The budget for this contract is likely to be a contingency-based fee structure, where the vendor earns a percentage of the debt collected. The total value of the contract is difficult to estimate without knowing the total amount of debt to be collected. However, based on the scope of work and the term of the contract, a rough estimate for the total contract value could be in the range of $500,000 to $2,000,000. This estimate is based on the assumption that the vendor will collect a significant portion of the outstanding debt over the four-year term of the contract.

AI estimate from the solicitation

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