Penn Credit Proposed for Delinquent Utility Collections
City of Lake WalesCity · Lake Wales, FL- Disclosed value
- 25% contingency commission for primary placements; no fixed upfront cost identified
- From minutes
- Document date
- Oct 28, 2026
The 30-second brief
Lake Wales considered a collection services contract with Penn Credit Corporation for delinquent utility bills and other eligible municipal debts. Penn Credit would receive a 25% contingency commission for primary placements, with no fixed upfront cost identified.
Penn Credit Corporation holds this professional services contract with City of Lake Wales. Its other public contracts on record include work for Foothill Transportation Corridor Agency.
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Contract details
- Contract type
- Professional Services
- Amount
- 25% contingency commission for primary placements; no fixed upfront cost identified
- Document date
- October 28, 2026
- Vendor
- Penn Credit Corporation
- Agency
- City of Lake Wales
- Source document
- Lake Wales Minutes Commission Workshop 2026-10-28 (Minutes)
Penn Credit Corporation's other public contracts
More City of Lake Wales contracts
Questions about this contract
Who was awarded the professional services contract by City of Lake Wales?
Penn Credit Corporation was awarded this professional services contract by City of Lake Wales, as recorded on October 28, 2026. The contract value is 25% contingency commission for primary placements; no fixed upfront cost identified.
How much is the Penn Credit Corporation contract with City of Lake Wales worth?
The Penn Credit Corporation contract with City of Lake Wales is valued at 25% contingency commission for primary placements; no fixed upfront cost identified, covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Lake Wales Minutes Commission Workshop 2026-10-28 (Minutes), dated October 28, 2026 from City of Lake Wales. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Penn Credit Corporation hold?
Penn Credit Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Lake Wales currently buying?
Explore City of Lake Wales's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.