CONTRACTPENDING

City Considers Capital Recovery for Ticket Debts

Disclosed value: 30% of fines and fees collected; From meeting minutes
Document date: Oct 21, 2019

What it covers

The City is considering the use of Capital Recovery Systems, which partners with COMPLUS, to collect defaulted parking ticket fines. Under the contemplated arrangement, the firm would receive 30% of fines and fees it successfully recovers.

Who holds it

Capital Recovery Systems holds this financial services contract with City of Sault Ste. Marie. Its other public contracts on record include work for South Amherst village and McDonald village.

Hear about the next contract at City of Sault Ste. Marie early.

Get pre-RFP alerts free

Free account · 30-second setup · No credit card

Contract details

Contract type: Financial Services
Amount: 30% of fines and fees collected
Document date: October 21, 2019
Vendor: Capital Recovery Systems
Agency: City of Sault Ste. Marie
Source document: city-of-sault-ste-marie-meeting-minutes-2019-10-21_b25.txt (Meeting Minutes)

Capital Recovery Systems's other public contracts

South Amherst village, OhioCapital Recovery Systems awarded 2026 debt collection contract · Oct 14, 2025Undisclosed South Amherst village, OhioDebt Collection Agreement signed with Capital Recovery · Sep 22, 2025Undisclosed McDonald village, OhioMcDonald Village Approves Debt Collection Agreement · Jul 17, 2025Undisclosed City of Ohio, OhioCollection system receives approval from Columbus · Apr 28, 2025$350K City of Columbus Junction, Iowacity-of-columbus-junction-agenda-2025-04-21_7bd.pdf · Apr 21, 2025$350K All Capital Recovery Systems contractsVendor profile

More City of Sault Ste. Marie contracts

Gate House Media Michigan HoldingsSmartZone Building Lease Renewal Considered for Gate House Media · Oct 21, 2026Undisclosed Natures Acres Organics LLCIndustrial Incubator Lease Renewal Considered for Natures Acres · Oct 21, 2026Undisclosed Ohm AdvisorsCity Considers OHM Advisors Bridge Services Amendment · Oct 19, 2026Undisclosed Rowe Professional Services CompanyCity Considers ROWE Traffic Signal Services Amendment · Oct 19, 2026Undisclosed Cloverland Electric CooperativeCity Considers Cloverland Electric Rotary Park Easement · Oct 19, 2026Undisclosed All City of Sault Ste. Marie activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Sault Ste. Marie?

Capital Recovery Systems was awarded this financial services contract by City of Sault Ste. Marie, as recorded on October 21, 2019. The contract value is 30% of fines and fees collected.

How much is the Capital Recovery Systems contract with City of Sault Ste. Marie worth?

The Capital Recovery Systems contract with City of Sault Ste. Marie is valued at 30% of fines and fees collected, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-sault-ste-marie-meeting-minutes-2019-10-21_b25.txt (Meeting Minutes), dated October 21, 2019 from City of Sault Ste. Marie. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Capital Recovery Systems hold?

Capital Recovery Systems 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 Sault Ste. Marie currently buying?

Explore City of Sault Ste. Marie's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →

More City of Sault Ste. Marie contracts →Browse all agencies in Michigan →