HomeMy WebLinkAboutR-00-0776J-00-721
9/14/00
RESOLUTION NO. 00— 776
A RESOLUTION OF THE MIAMI CITY COMMISSION
AUTHORIZING THE CITY MANAGER TO EXECUTE AN
AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY
ATTORNEY, WITH FINANCIAL RECOVERY, INC., THE
SECOND RANKED FIRM, SELECTED AS A RESULT OF
THE COMPETITIVE SELECTION PROCESS, FOR DEBT
COLLECTION SERVICES FOR THE DEPARTMENT OF
FINANCE, FOR A PERIOD OF TWO (2) YEARS WITH
THE OPTION TO EXTEND FOR THREE (3)
ADDITIONAL ONE YEAR PERIODS, WITH
COMPENSATION FOR SAID SERVICES NOT TO EXCEED
FIFTEEN PERCENT (15%) OF THE REVENUES
COLLECTED BY FINANCIAL RECOVERY, INC.
WHEREAS, Request for Proposals were mailed to fifty-eight
(58) firms seeking a broad range of responses from qualified
firms for delinquent debt collection services; and
WHEREAS, the Evaluation Committee for Request for Proposals
No. 98-99-012 ("RFP") evaluated two proposals received on
September 27, 1999, and selected the top ranked proposer, Penn.
Credit Corporation, as most qualified to provide the required
delinquent debt collection services; and
WHEREAS, the City Manager accepted thefindings of the
Evaluation Committee and presented the Evaluation Committee's
CITY COMMISSION
MEETING OF
SEP 14 2000
E esoiutiovo
's
recommendations to the City Commission for its consideration on
February 27, 2000; and
WHEREAS, the City Commission determined that it would be
beneficial to engage two firms to provide the City of Miami with
delinquent debt collection services; and
WHEREAS, pursuant to Resolution No. 00-179, adopted
February 17, 2000, the City Commission authorized the City
Manager to (1) negotiate and execute an agreement with Penn
Credit Corporation, the top ranked firm, (2) negotiate with
Financial Recovery, Inc., the second ranked firm, for additional
delinquent debt collection services and.present the negotiated
agreement with Financial Recovery, Inc. to the City Commission
for its review and consideration;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the
Preamble to this Resolution are hereby adopted by reference and
incorporated as if fully set forth in this Section.
Section 2. The City Manager is hereby authorized'I to
execute an agreement, in a form acceptable to the City Attorney,
with Financial Recovery, Inc., the second ranked firm, selected
1� The herein authorization is further subject to compliance with all
requirements that may be imposed by the City Attorney, including but
not limited to those prescribed by applicable City Charter and Code
provisions.
Page 2 of 3 0rut Y 7 �) C
as a result of the competitive selection process, for debt
collection services for the Department of Finance, for a period
of two (2) years with the option to extend for three (3)
additional one year periods, with compensation for said services
not to exceed fifteen percent (15%) of the revenues collected by
Financial Recovery, Inc.
Section 3. This Resolution shall become effective
immediately upon its adoption and signature of the Mayor.2/
PASSED AND ADOPTED this 14th day of September , 2000.
JOE CAROLLO, MAYOR
In accordance with Miami Code Sec. 2-36, since the Mayor did not indicate approval of
this legislation by signing it in the designated place provided, said legi,;i« . r;
t1acomes effective with the elapse of ten (10) date from tib°date of C'Cnwvp3�`�., L
mWffding same, without the Mayor t4izL;
ATTEST:
WALTER J. FOEMAN, CITY CLERK
CTNESS: t>
1 O VILARELLO
IT ATTORNEY
11: 2 ,
a/ If the Mayor does not sign this Resolution, it shall become effective
at the end of ten calendar days from the date it was passed and
adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
TO
11
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
Honorable Mayor and
Members of the City Commission
FROM:
ime
City Manager
DATE: AUG 2 9 2000
SUBJECT:
Financial Recovery, Inc.
Debt Collection Services
REFERENCES:
ENCLOSURES:
RECOMMENDATION:
It is respectfully recommended that the City Commission adopt the attached resolution
that engages Financial Recovery, Inc. to provided debt collection services on behalf of
the City of Miami.
BACKGROUND:
The City issued a Request for Proposals to solicit a provider of debt collection services.
The evaluation committee made a recommended Penn Credit Corporation as the 1St
ranked Firm and Financial Recovery, Inc. as the 2nd ranked firm. In light of Financial
Recovery's local presence and the Commission's belief that the City could potentially
benefit from a second firm contracting with a second firm to perform the services, the
Commission directed the Administration to negotiate with the second ranked firm and
bring the negotiated agreement back to the Commission for consideration. That
agreement has been attached for your review.
FILE :
The primary issue at the time of the Commission's last consideration had been Financial
Recovery, Inc.'s fee for providing the services, which was higher than the 1St ranked firm.
Since that time, Financial Recovery has agreed to perform the service at the same fee as
the first ranked firm.
CAG/MLW
00- 776