CONTRACTPENDING

Utility Debt Collection Contract with Kim & Associates

City of Wadsworth logoCity of Wadsworth
Disclosed value
Not to exceed $316,126.17 (plus up to 10% for change orders)
From agendapacket
Document date
Aug 18, 2026
Term
Two-year contingency fee contract

The 30-second brief

What it covers

Council will consider an emergency ordinance to approve a two-year contingency fee contract with Kim & Associates, LLC for utility billing debt collections, capped at $316,126.17 plus up to 10% for change orders. The Director of Public Service would be authorized to execute the agreement.

Who holds it

Kim & Associates LLC holds this financial services contract with City of Wadsworth.

What happens next

Term as filed: Two-year contingency fee contract.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $316,126.17 (plus up to 10% for change orders)
Document date
August 18, 2026
Term
Two-year contingency fee contract
Vendor
Kim & Associates LLC
Source document
Wadsworth City Council AgendaPacket Committee of the Whole/Finance 2026-08-18 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by City of Wadsworth?

Kim & Associates LLC was awarded this financial services contract by City of Wadsworth, as recorded on August 18, 2026. The contract value is Not to exceed $316,126.17 (plus up to 10% for change orders).

How much is the Kim & Associates LLC contract with City of Wadsworth worth?

The Kim & Associates LLC contract with City of Wadsworth is valued at Not to exceed $316,126.17 (plus up to 10% for change orders), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Wadsworth City Council AgendaPacket Committee of the Whole/Finance 2026-08-18 (AgendaPacket), dated August 18, 2026 from City of Wadsworth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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