City of Glendale Council Meeting Agenda Packet May 2025
Debt Collection Contract Extended with Professional Credit Service
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Description
Glendale City Council approved a three-year extension of the professional services agreement with Ray Klein, Inc., DBA Professional Credit Service, for collection of unpaid and delinquent accounts on a contingency fee basis starting November 1, 2025.
Contract Details
Contract Amount
18% commission for primary accounts; 25% for secondary accounts (contingent, as a percentage of recovered revenues)
Vendor
RAY KLEIN INC DBA PROFESSIONAL CREDIT SERVICE
Agency
City of Glendale, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 20, 2025
Contract Term
November 1, 2025 to October 31, 2028 (three years)
Renewal Date
2028-10-31
Renewal Info
Extension of existing contract for three years; prior contract term November 2020 to October 2025.
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