During the first quarter of 2007, Net Gain Marketing reports that requests for proposal from public sector entities seeking to outsource collection operations yielded approximately $3.2 billion in portfolios available for bidding and eventual servicing. Entities releasing RFPs during the first quarter included well-established receivables management outsourcers such as the State of Missouri and the University of Texas at Austin. New outsourcing opportunities this past quarter included those announced by the City of Alhambra, CA, and the Florida Citizens Property Insurance Corporation.
Other developments reported by Net Gain Marketing in The Public Eye, its quarterly newsletter covering government contracting issues in the credit & collection industry, include the following:
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