City Eyes Capital Recovery Systems for Ticket Collections
- Disclosed value
- 30% of fines and fees collected (service fee)
- From minutes
- Document date
- Oct 21, 2019
The 30-second brief
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.
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
- Vendor
- Capital Recovery Systems
- Agency
- City of Sault Ste. Marie
- 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.