Government Contract | California
AGENT(S) TO IDENTIFY, EXAMINE, PROCESS AND COLLECT UNCLAIMED PROPERTY

Bid Information


Bid Alert No: 00000568853

Bid Title: AGENT(S) TO IDENTIFY, EXAMINE, PROCESS AND COLLECT UNCLAIMED PROPERTY

Agency Bid No. Title: 55091065

Received Date: 05/11/2016

Close Date: 06/13/2016

Purchase Type: 2 year term

Delivery Point:

Delivery Date: Not Stated

Special Notices: Questions Due By 05/20/2016 05:00 PM

Specifications

Specifications include, but are not limited to:The Contractor agrees to provide to the State Controller's Office, hereafter referred to as the SCO, theexamination, identification, processing, collection, and delivery of unclaimed property for the SCO.II. OVERVIEW OF THE SCOS UNCLAIMED PROPERTY AUDIT PROGRAMA. California Code of Civil ProcedurePursuant to the California Code of Civil Procedure, Section 1571, the SCO may at reasonable timesand upon reasonable notice examine the records of any person if the Controller has reason to believethat the person is a holder who has failed to report property that should have been reported. The SCOhas authority to identify, collect and examine the records of any person, as defined therein, if there isreason to believe that such person has failed to report property that should have been reportedpursuant to the statute.B. Description of current SCO operations with respect to the identification and collection of unclaimedpropertyThe SCO, Division of Audits, is responsible for ensuring compliance with the Unclaimed Property Lawthrough examinations of records of both intrastate and interstate businesses. It is the intent of the SCOto utilize the services of one or more qualified contractors to assist in the identification of, preparation ofreports on collection, collection and delivery of unclaimed property.C. LocationThe work will be predominantly performed outside of the State of California.D. TravelTravel expenses will not be compensated under this contract.III. CONTRACTORS RESPONSIBILITIESA. Identification and Collection of Unclaimed Property1. The Contractor shall conduct examinations to identify, examine, process, collect and deliver alltypes of unclaimed property from persons, firms and entities (collectively, holders) that are holdingunclaimed property (property) subject to report and delivery under California Code of CivilProcedure, Section 1500, et seq., and regulations relating thereto (collectively, the statute). (SeeExhibit A, Attachment 2 for Examples of Categories of Unclaimed Property.)2. In conjunction with the identification of unclaimed property, the Contractor shall:(a) Examine records of holders and/or their agents relating to unclaimed property as approved bythe SCO.

Bid Related Documents

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Product Code: 94615

Agency Information


Issuing Agency: State of California - Controller State

State: California

Agency Type: State and Local

Contact: 300 Capitol Mall, Sacramento, California, 95814

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