COST RECOVERY AND REDUCTION SERVICES

The County of Orange has awarded a contract to Troy & Banks, Inc. for Cost Recovery and Reduction Services. The contract aims to provide cost savings and refunds to the County through audits and assessments of billing invoices and taxes related to utilities, waste and recycling, and telecommunications services. The contractor will review and audit County accounts, identify errors and submit claims, and provide recommendations for cost savings. The contract has a term of approximately 6 years, from June 25, 2019, to June 24, 2025. The contractor will be compensated based on a percentage of the cost savings and refunds obtained. Some key points about the contract include: * The contract is for Cost Recovery and Reduction Services * The contractor will review and audit County accounts to identify errors and submit claims * The contractor will provide recommendations for cost savings * The contract has a term of approximately 6 years * The contractor will be compensated based on a percentage of the cost savings and refunds obtained * The contract includes provisions for confidentiality, data protection, and intellectual property rights.