title
PROPOSED CONTRACT
Department(s): CCHHS; State's Attorney
Vendor: Nationwide Credit & Collections, Inc, Oakbrook Illinois
Request: Authorization for the Chief Procurement Officer to enter into and execute
Good(s) or Service(s): Debt Collection Services
Contract Value: Revenue Generating Contract
Contract period: 2/1/2015-1/30/2020 with one (1) one-year renewal option
Potential Fiscal Year Budget Impact: Revenue Generating Contract
Accounts: Various
Contract Number(s): 1490-13840C
Concurrences:
The vendor has met the Minority and Women Owned Business Enterprise Ordinance.
Chief Procurement Officer concurs.
Summary: This contract is for Countywide Debt Collection Services. The vendor will provide comprehensive debt collection services on behalf of the Cook County State's Attorney's Office on outstanding accounts classified as uncollectible by the Cook County Health and Hospital System (CCHHS). Request for Proposal (RFP) procedures were followed in accordance with the Cook County Procurement Code. Nationwide Credit & Collections, Inc. was selected based on established evaluation criteria. The contract includes a contingency fee on collections as follows: (CCHHS) Primary Accounts (14.5%) Litigation/Lien (18%).
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