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AMERICAN CAPITAL INTERPRISES, INC.
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AMERICAN CAPITAL INTERPRISES, INC.
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Last modified
8/16/2019 10:18:44 AM
Creation date
8/16/2019 9:29:02 AM
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Contracts
Company Name
AMERICAN CAPITAL INTERPRISES, INC.
Contract #
A-2019-119
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
7/16/2019
Expiration Date
6/30/2024
Insurance Exp Date
1/1/1900
Destruction Year
2029
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,% 2 WT E R can EapIiN C . <br />6b ENTE�RPRIS'E S, INC. <br />61876 Kdea SL 9a 120, MLW.Ul C492562 <br />Tak951.695.3372 J F=95U95.3763 <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 />26H-63 <br />
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