...Explanation
Background:
The accounts receivable collection program within the City Attorney's Claims Division has been ongoing since 1996. The City Attorney's office currently has a contract for $250,000.00 with Capital Recovery Systems, Inc. to provide these services, authorized by Ordinance 0305-2009. Capital Recovery's collections have been higher than originally anticipated this year and this ordinance will enable the City Attorney to increase the contract to accommodate for these additional collections and resulting fees.
Emergency action is requested to allow the services supported to continue without interruption.
Contract Compliance Number:
Capital Recovery Systems Inc. 311570459-001 expires 01/12/12
Fiscal Impact:
This contract is self-funding and will result in additional revenues to the general fund. Fees are paid out of the monies collected by the firms. 100% of the monies collected are remitted to the City and invoices from the collection agencies are paid monthly from the funds.
Title
To authorize a supplemental appropriation of Twenty-two Thousand and no/100 Dollars from fund 295; to authorize the City Attorney to modify and increase an existing contract with Capital Recovery Systems, Inc; to authorize the expenditure of said funds for services rendered pursuant thereto; to waive the competitive procurement provisions of Chapter 329 of the Columbus City Codes; and, to declare an emergency ($22,000.00)
Body
WHEREAS, Ordinance number 0305-2009 authorized the City Attorney to contract with Capital Recovery Systems, Inc. for up to Two Hundred Fifty Thousand Dollars ($250,000.00) for the collection of certain of the City's accounts receivable; and,
WHEREAS, the Capital Recovery's collections have exceeded the original estimate; and
WHEREAS, it is in the City's best interest to modify the contract with Capital Recovery Systems, Inc. for the additional collection services; and
WHEREAS, an emergency exists i...
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