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061-18 - AllianceOne - ContractDocuSign Envelope ID: 07F6A670-719B-4OA2-9360-DBC62B3EOCB1 LETTER OF ESTABLISHMENT Effective date: April 4th . 20111 8 In accordance with the State Contract 02912 for Debt Collection Services, and RCW 19.16.500 and/or RCW 3.02.045 and/or RCW 36.18.190, City of Port Orchard- Community Development ("Client") wishes to utilize, and AllianceOne Receivables Management, Inc. ("Alliance0ne") wishes to provide, collection services for the recoveryof unpaid accounts. RCW 19.16.500(1)(b) provides: "Any governmental entity as described in (a) of this subsection using a collection agency may add a reasonable fee, payable by the debtor, to the outstanding debt for the collection agency fee incurred or to be incurred." The parties agree that the collection fees to be added by Client to the account balances (including interest accrued and accruing, and assessed fees, if any) assigned to Alliance0ne as of the effective date of this letter agreement will be asfollows: Pricing Category Fee Added Fee Retained General collections—primaryplacement 30.50% 23.37% Legal collections — primaryplacement 29.74% 23.37% Education collections — primaryplacement 24.74% 19.83% General collections— second placement 34.74% 25.78% Legal collections— second placement 34.74% 25.78% Education collections- second placement 29.74% 22.92% General collections— tertiary placement 39.74% _�8.44% Legal collections —tertiary placement 39.74% 28.44% Education collections- tertiary placement 34.74% 25.78% Interest will accrue on all amounts (including the collection fee), and be shared proportionately between Client and AllianceOne. Dishonored checks will be assigned under either of the following fee structures, as agreed by the parties; (1) A handling fee of $40 will be added to NSF checks. The face amount of the check is returned to the Client and $25 of the handling fee is returned to the Client (assumes a $40 handling fee; if less than $40 is assessed as a handling fee, AllianceOne will retain $15 and return the rest to client), along with the face amount of the check. Alliance0ne retains all other amounts pursuant to RCW 62A-3.515 and/or 62A- 3.530. (2) check assigned as an open account (with or without statutory fees assessed), under the fee schedule indicated in the above table. The parties agree that, should State Contract 02912 be revised to provide for different rate percentages than as described above, this Letter of Establishment will automatically be revised to reflect those rates without need of amendment to this Letter of Establishment. Page 1 of 2 DocuSign Envelope ID: 07F6A670-719B-40A2-9360-DBC62B3EOCB1 The above pricing enables Alliance0ne to remit 100% of the principle amount assigned to Client, when collected. (E.g., a general collection primary account of $100 would beassessed a fee of 30.50% or$30.50, fora total of $130.50 owing. Upon collecting $130.50, AllianceOne would retain $30.50 or .2357% of $130.50, and remit $100 dollars or 100% of the original amount assigned to Client.) Client directs Alliance0ne to perform the ministerial act of adding the collection fee to the assigned amount on its computer at the time of placement. All accounts listed prior the effective date of this letter agreement will remain at then -current rates. Client will provide notice to account debtors prior to assignment to collection where required by RCW 19.16.500(2): "No debt may be assigned to a collection agency unless (a) there has been an attempt to advise the debtor (i) of the existence of the debt and (ii) that the debt may be assigned to a collection agency for collection if the debt is not paid, and (b) at least thirty days have elapsed from the time notice was attempted." This Letter of Establishment and the above -referenced State of Washington Contract are agreed to by the undersigned as of the date above specified: City of Port Orchard -Community Development Alliance0ne Receivables Management Inc. State Agency 1 By Print Name Title Date 5��LLD... Svned by: ttA Y�4,t,V1,bt.(At,V' B MACE460AW47... Marry Neerenberg Print Name chief Financial Officer Title 6/19/2018 Date Address: � i CD�c +p - -`_ 65651(imball Ave, St 200 Gig Harbor, 2 3-620-22 OA98335 Phone: ( Ja V ... V CB Page 2 of 2 (LCE, revised 11-19-14)