The City of Tucson has awarded a contract to Professional Credit Service for the collection of delinquent accounts. The contract has a term of 8 years and includes provisions for the collection of accounts, payment terms, and reporting requirements. Professional Credit Service will provide services to the City, including collection of delinquent accounts, payment processing, and reporting. The contract also includes provisions for the protection of consumer information and compliance with relevant laws and regulations. Key aspects of the contract include:
• The contract term is 8 years, with the possibility of renewal.
• Professional Credit Service will collect delinquent accounts on behalf of the City.
• The company will provide payment processing and reporting services.
• The contract includes provisions for the protection of consumer information and compliance with relevant laws and regulations.
• The City will pay Professional Credit Service a fee based on the amount collected.