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25H - AGMT - COLLECTION SRVS
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25H - AGMT - COLLECTION SRVS
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Last modified
7/11/2019 5:57:32 PM
Creation date
7/11/2019 5:55:09 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25H
Date
7/16/2019
Destruction Year
2024
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fNIAmericanCapital <br />ENTERPRISES, INC. <br />41970 V.&&o SL Ste 120, Muth , CA 92562 <br />Teh951.695.3372 / faa95U95.3763 <br />HISTORICAL COLLECTION PERCENTAGES <br />American's historical collection percentages for the City are <br />shown by account type in the chart at the back of this section <br />which was provided in the last RFP. Shown is 1996 — January 2014 <br />as of that date only. It reflects a 40-50-60% recovery rate on some <br />categories with an overall recovery rate in excess of 10% on nearly <br />$40,000,000 in assignments ITD. <br />We've relied on this chart because we received no placements from <br />2014 to October of 2017. For the City placements received over <br />the last 18 months,_please see the extensive reports, submitted <br />electronically and directly to "Purchasing" at its request. These <br />stats are for all 40 categories separately on which you resumed <br />assigning us in October of 2017. Those reports, consisting, of 150 <br />pages, have been omitted here for brevity. <br />SERVICES THAT DIFFERENTIATE AMERICAN FROM OTHERS <br />The most important additional collection service is that our attorney <br />personally works your business accounts. This adds extra value to <br />your current American contract. <br />The staff working your type of accounts has nearly 100 years of <br />municipal account experience which is rarely duplicated at other <br />agencies. <br />American can provide access to our collection platform on your <br />accounts. <br />17 <br />25H-63 <br />
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