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FINANCIAL_SERVICESAPPROVED

City of Toledo Meeting Minutes - Final 2026-06-23

Promise Network Hired for Utilities Collection Services

Not to exceed $500,000Toledo villagePROMISE NETWORK INCJune 23, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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