PROFESSIONAL_SERVICESAMENDED

City of Simi Valley Staff Report Approval of a second amendment to the agreement between the City of Simi Valley, Ventura County Waterworks District No. 8, and Collection Bureau of America, LTD 2026-03-09

Debt collection contract extended and increased to 2031

Increase of $50,000; new total not-to-exceed $86,921City of Simi ValleyCOLLECTION BUREAU OF AMERICA LTDMarch 9, 2026

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Description

The City of Simi Valley and Ventura County Waterworks District No. 8 approved a second amendment with Collection Bureau of America, LTD to continue professional debt collection services. The amendment extends the contract term to March 23, 2031 and increases the not-to-exceed amount by $50,000 to a new total of $86,921.

Contract Details

Contract Amount

Increase of $50,000; new total not-to-exceed $86,921

Vendor

COLLECTION BUREAU OF AMERICA LTD

Agency

City of Simi Valley, CA

Contract Type

PROFESSIONAL_SERVICES

Document Date

March 9, 2026

Contract Term

Extended from March 24, 2026 to March 23, 2031

Renewal Date

2031-03-23

Renewal Info

Original contract effective March 17, 2021 for three years with one two-year extension; first amendment exercised the extension through March 23, 2026 and increased the NTE to $36,921; this second amendment extends the term five additional years to March 23, 2031 and increases the NTE by $50,000 to $86,921. Any further changes require written approval by the parties under Section 8 Amendments.

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