Promise Network Hired for Utilities Collection Services
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Description
Council approved a one-year agreement with Promise Network Inc. for up to $500,000 to provide accounts receivable collection and customer affordability program management services for the Department of Public Utilities. The contract is funded from the Utilities Administrative Services Fund and waives competitive bidding requirements.
Contract Details
Contract Amount
Not to exceed $500,000
Vendor
PROMISE NETWORK INC
Agency
Toledo village, IL
Contract Type
FINANCIAL_SERVICES
Document Date
June 23, 2026
Contract Term
One-year agreement
Renewal Info
Initial term of one year; ordinance does not specify renewal options.
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