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  4. ›16-39 EMS Delinquent Account Collection Services

Awarded contract·Bay County Board of County Commissioners·Florida

16-39 EMS Delinquent Account Collection Services

Won by Collection Bureau of Ft. Walton Beach, Inc. dba Credit Business Services, Inc.$660kSingle Award
Contract source

Awarded vendors

  • Collection Bureau of Ft. Walton Beach, Inc. dba Credit Business Services, Inc.

Description

The Bay County Board of County Commissioners has awarded a contract to Collection Bureau of Ft. Walton Beach, Inc. dba Credit Business Services, Inc. for delinquent account collection services for the Bay County Emergency Medical Services (EMS) Division. The contract has a term of three years, with the option to renew for successive one-year periods. The vendor will provide collection services for unpaid accounts referred by the County, and will be compensated at a rate of 22% of the monies collected. The contract includes provisions for HIPAA compliance, public records, and insurance requirements. The key aspects of the contract include: • The County provides emergency and non-emergency medical services, including ambulance transport, and charges for such services. • The County recognizes the importance of collecting past due monies owed to the County for the financial safety and welfare of its residents. • The vendor is responsible for collecting unpaid accounts referred by the County, and will provide reports on collection activity and account status. • The contract includes provisions for quality control, cooperation, and termination. The contract is governed by the laws of the State of Florida, and any disputes will be resolved through the courts of Bay County, Florida.

Attached files

Key dates

Starts
5/1/2017
Ends
4/30/2027Renews
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Government
NAICS
561440
Solicitation №
16-39

Contract value

$660,000

The contract value is not explicitly stated, but it can be estimated based on the percentage of revenue that the vendor will receive. The contract states that the vendor will be compensated at a rate of 22% of the monies collected. Assuming an average annual revenue of $1 million for the Bay County EMS Division, the vendor's annual compensation would be approximately $220,000. Over the three-year term of the contract, the total value would be approximately $660,000. However, this is a rough estimate and the actual contract value may be higher or lower, depending on the actual revenue collected by the vendor.

AI estimate from the award documents

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