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Awarded contract·St. Mary's County Public Schools·Maryland

Debt Collection Services

Won by Ability Recovery Services, LLC$150kSingle Award
Contract source

Awarded vendors

  • Ability Recovery Services, LLC

Description

This contract represents a solicitation by St. Mary's County Public Schools for professional debt‑collection services. The school district issued an Invitation to Bid (ITB) identified as #SMCPS-2024-FS-DCS, set a bidding deadline of September 19 2023, and ultimately awarded the contract to Ability Recovery Services, LLC. The award seeks to recover outstanding tuition, fees, and other receivables owed to the district, leveraging the vendor’s expertise in collections to improve cash flow and reduce delinquent accounts. The contract details (duration, pricing structure, and start/end dates) are not disclosed in the public posting. • Scope: Debt‑collection services for a public school district. • Procurement: Open competitive bidding, single‑award to a private collection agency. • Vendor: Ability Recovery Services, LLC (no contact information provided).

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Bids closed
9/19/2023

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
561410
Solicitation №
ITB #SMCPS-2024-FS-DCS

Contract value

$150,000

The public posting provides no monetary value. However, typical debt‑collection contracts for a midsize school district range from $100,000 to $250,000 annually, depending on the volume of delinquent accounts and the fee structure (often a percentage of recovered amounts plus a base fee). St. Mary’s County Public Schools is a moderate‑size district, so a reasonable ballpark is roughly $150,000 for a one‑year term. This estimate assumes a modest portfolio of receivables and a standard industry fee of 15‑20 % of recoveries plus a fixed administrative component.

AI estimate from the award documents

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