CONTRACTPENDING

City Eyes Capital Recovery Systems for Ticket Collections

City of Sault Ste. Marie logoCity of Sault Ste. Marie
Disclosed value
30% of fines and fees collected (service fee)
From minutes
Document date
Oct 21, 2019

The 30-second brief

What it covers

The City is considering using Capital Recovery Systems, via its COMPLUS partnership, to collect defaulted parking ticket fines, with a fee of 30% on amounts recovered. This collections arrangement would replace the current warrant and prosecution process for unpaid parking tickets.

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.

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Contract details

Contract type
Financial Services
Amount
30% of fines and fees collected (service fee)
Document date
October 21, 2019
Source document
regular_city_commission_meeting_minutes_october_21.pdf (Minutes)

Capital Recovery Systems's other public contracts

More City of Sault Ste. Marie contracts

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 (service fee).

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 (service fee), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in regular_city_commission_meeting_minutes_october_21.pdf (Minutes), dated October 21, 2019 from City of Sault Ste. Marie. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

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