FINANCIAL_SERVICESAWARDED

Regional Municipality of Niagara Awards Financial Services Contract to Cbv Collection Services Ltd (November 2024)

Niagara Region awarded CBV Collection Services Ltd. a multi‑year contract to collect delinquent Provincial Offences Act fines and other municipal receivables. The contract runs from November 1, 2024 for three years on a commission basis, with up to two optional one‑year renewals.

Document date · November 28, 2024

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
Commission rates between 9% and 14.05% for first placement, 15% to 25% for second placement, and 25% to 38.94% for third placement
Contract type
FINANCIAL_SERVICES
Contract term
November 1, 2024 for 3 years, with option to renew for up to two additional 1-year terms
Renewal date
2027-10-31
Renewal
Three-year base term commencing November 1, 2024, with up to two optional 1-year renewals subject to Niagara Region’s approval and performance review.
Document type
Agenda
Source document
The Regional Municipality of Niagara Joint Board of Management - Niagara Courts Agenda 2024-11-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Regional Municipality of Niagara?

Cbv Collection Services Ltd was awarded this financial services contract by Regional Municipality of Niagara, as recorded on November 28, 2024. The contract value is Commission rates between 9% and 14.05% for first placement, 15% to 25% for second placement, and 25% to 38.94% for third placement.

How much is the Cbv Collection Services Ltd contract with Regional Municipality of Niagara worth?

The Cbv Collection Services Ltd contract with Regional Municipality of Niagara is valued at Commission rates between 9% and 14.05% for first placement, 15% to 25% for second placement, and 25% to 38.94% for third placement, 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 The Regional Municipality of Niagara Joint Board of Management - Niagara Courts Agenda 2024-11-28 (Agenda), dated November 28, 2024 from Regional Municipality of Niagara. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cbv Collection Services Ltd hold?

Cbv Collection Services Ltd 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 Cbv Collection Services Ltd's profile

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