Debt collection services

Active Statewide contract Washington Awarded

Contract number
01120
Awardee
AUTOMATED ACCOUNTS, INC
Contracting organization
Department of Enterprise Services

Contract facts

Estimated annual value
$900,000
End date

Contract details come from apps.des.wa.gov. Updated .

About this contract

The Washington State Statewide Contract 01120 for Debt Collection Services provides comprehensive collection capabilities across three distinct categories. Category 1 covers general collections for unsecured debts owed by individuals or businesses, Category 2 focuses on educational collections for unsecured student loans, and Category 3 handles legal services collections involving filed warrants and judgments, including wage garnishment and money resource levying. The contract enables procurement of debt collection services by Washington state agencies, higher education institutions, political subdivisions, federal governmental agencies, public-benefit nonprofits, and federally-recognized Indian Tribes.

The contract is awarded to three prime contractors: Automated Accounts, Inc., Financial Asset Management Systems, Inc. (FAMS), and PMT Solutions, LLC, with the Department of Enterprise Services serving as the contracting organization. The contract was initially executed on December 1, 2020, and runs through November 30, 2026, covering the entire state of Washington. Each contractor offers tiered pricing based on debt amount, with collection fees ranging from 10% to 30% depending on the debt size and collection category. The contract type is a Statewide Contract, and while specific total contract value is not disclosed, historical annual sales approximations suggest potential usage around $900,000 across various government entities.

Description

Contract Scope This Statewide Contract for Debt Collection Services is broken down into the following 3 categories: Category 1: General Collections. Unsecured debts owed by individuals or businesses. Category 2: Educational Collections. Unsecured educational student loans. Category 3: Legal Services Collections. Legal services associated with acting on filed warrants and judgments. Includes levying of any money resources and garnishing of wages.

Files

File Type Posted
01120a1-2_AutomatedAccounts.pdf PDF
01120 Solicitation Documents.pdf PDF
01120p_2.pdf PDF
01120a1-2_PMT.pdf PDF
01120dhFAMS.pdf PDF
01120 Amd 1 Debt Collection-FAMS.pdf PDF
01120dhAutomatedAccts.pdf PDF
01120dhPMT.pdf PDF
01120t.xlsx XLSX spreadsheet
Automated Accounts Master Contract.pdf PDF
PMT Solutions Master Contract.pdf PDF
FAMS Master Contract.pdf PDF
Show all 12

Quick answers

Who holds contract 01120?

Contract 01120 was awarded to AUTOMATED ACCOUNTS, INC by Department of Enterprise Services in Washington on December 1, 2020.

How much is contract 01120 worth?

Its estimated annual value is $900,000.

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