FINANCIAL_SERVICESAWARDED

City of Phoenix Awards Financial Services Contract to Firstpoint Collection Resources Inc (November 2024)

FirstPoint Collection Resources, Inc. is among nine companies selected by Phoenix to provide debt collections citywide. Services will help support the city's financial management and revenue recovery.

Document date · November 20, 2024

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $510,000 collectively for all vendors; estimated aggregate revenue to the City from debts collected is $764,000 over five years
Contract type
FINANCIAL_SERVICES
Contract term
Five years beginning on or about January 1, 2025, with no options to extend
Renewal date
2030-01-01
Renewal
Contract has no renewal clause and ends after five years.
Document type
Agenda
Source document
City of Phoenix Council Formal Meeting Agenda November 2024

Frequently asked questions

Common questions about this contract, answered from the record.

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

Firstpoint Collection Resources Inc was awarded this financial services contract by City of Phoenix, as recorded on November 20, 2024. The contract value is Not to exceed $510,000 collectively for all vendors; estimated aggregate revenue to the City from debts collected is $764,000 over five years.

How much is the Firstpoint Collection Resources Inc contract with City of Phoenix worth?

The Firstpoint Collection Resources Inc contract with City of Phoenix is valued at Not to exceed $510,000 collectively for all vendors; estimated aggregate revenue to the City from debts collected is $764,000 over five years, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Phoenix Council Formal Meeting Agenda November 2024 (Agenda), dated November 20, 2024 from City of Phoenix. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Firstpoint Collection Resources Inc hold?

Firstpoint Collection Resources Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Firstpoint Collection Resources Inc's profile

What is City of Phoenix currently buying?

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

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