Government Collection Contract Value hits $479 million in Q2

Requests for proposal from public sector entities seeking to outsource collection operations yielded approximately $479 million in portfolios available for bidding and eventual servicing in the last quarter.

Requestors included well-established receivables management outsourcers such as the City of Tulsa; Maricopa County, AZ; and the District of Columbia’s Office of Tax & Revenue.  New outsourcing opportunities this past quarter included those announced by Summit County, CO; the Bay Area Toll Authority in California; and Manatee County, FL.

Other developments reported by Net Gain Marketing in The Public Eye, a quarterly newsletter covering government contracting issues in the credit & collection industry, include the following:

• The U.S. Department of Education held a one-day meeting for small businesses interested in its set aside contract for collection agencies.
• OSI picked up contract awards from the State of Missouri and the State of Maryland.
• Professional Placement Services was awarded a contract with Racine County, WI.
• The State of West Virginia hired new agencies to include The Affiliated Group, Joseph, Mann & Creed, and Penncro Associates.

The Public Eye is a free newsletter published quarterly by Net Gain Marketing.  To view the entire current newsletter, please visit http://www.netgain4results.com.