Town of Guttenberg Awards Financial Services Contract to Penn Credit Corporation (February 2026)
Town of GuttenbergCity · Guttenberg, NJ- Disclosed value
- 22% administrative fee (paid from debtor collections); no cost to Town
- From agenda
- Awarded
- Feb 25, 2026
The 30-second brief
The Town of Guttenberg awarded Penn Credit Corporation a contract as the approved collection agency for municipal court collections, with Penn Credit to receive a 22% fee from debt recovered and no direct cost to the municipality. The contract leverages Penn Credit's status as a NJ Superior Court-approved vendor.
Penn Credit Corporation holds this financial services contract with Town of Guttenberg. Its other public contracts on record include work for City of Lake Wales.
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Contract details
- Contract type
- Financial Services
- Amount
- 22% administrative fee (paid from debtor collections); no cost to Town
- Document date
- February 25, 2026
- Vendor
- Penn Credit Corporation
- Agency
- Town of Guttenberg
- Source document
- Town of Guttenberg Council Meeting Agenda February 2026 (Agenda)
Penn Credit Corporation's other public contracts
More Town of Guttenberg contracts
Questions about this contract
Who was awarded the financial services contract by Town of Guttenberg?
Penn Credit Corporation was awarded this financial services contract by Town of Guttenberg, as recorded on February 25, 2026. The contract value is 22% administrative fee (paid from debtor collections); no cost to Town.
How much is the Penn Credit Corporation contract with Town of Guttenberg worth?
The Penn Credit Corporation contract with Town of Guttenberg is valued at 22% administrative fee (paid from debtor collections); no cost to Town, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Town of Guttenberg Council Meeting Agenda February 2026 (Agenda), dated February 25, 2026 from Town of Guttenberg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Penn Credit Corporation hold?
Penn Credit Corporation 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 Town of Guttenberg currently buying?
Explore Town of Guttenberg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.