University of Minnesota Ionwave #U520.2026.SEJST

University of Minnesota RFP for Collection Agency Services

The University of Minnesota is seeking proposals from qualified firms to provide collection agency services for the institution. - Government Buyer: - University of Minnesota (higher education institution) - Products/Services Requested: - Collection agency services for recovery of debts owed to the University - Scope includes a broad range of collection activities - Emphasis on compliance with data security and privacy standards - Required review of PCI Cardholder Data Security and FERPA exhibits - OEMs and Vendors: - No specific OEMs or vendors are named in the notice - Unique or Notable Requirements: - Firms must detail memberships in national organizations and certifications demonstrating compliance - Strict adherence to University data security and privacy standards - Submission process is electronic via the University's procurement portal - University may select multiple vendors as a result of this process

Description

The University of Minnesota is seeking proposals for collection agency services under a Request for Proposal (RFP) process. The intent is to broadly consider the University's use of collection agency services and identify future providers. Firms may propose to provide one or more recovery services, and multiple awards may be made. Contractors should provide information about relevant national organization memberships and certifications demonstrating compliance commitment.

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