PRS Wins U.S. GSA Contract; Set to Compete for Federal Business

Professional Recovery Services, Inc. (PRS), a New Jersey-based collection agency with clients in markets throughout the financial services sector and beyond, today announced it has secured a contract with the U.S. General Services Administration (GSA) to be included on Federal schedule 520-4, Debt Collection (520-4). This puts PRS among a select group of collection agencies qualified to do business with the Federal government based on qualifications to include past performance and references, nationwide capabilities, and financial strength.

520-4 is the schedule under which the U.S. Department of Education and Department of Treasury procure collection services. The Internal Revenue Service (IRS) falls under the Department of Treasury, and is expected to make use of a limited number of vendors on the schedule for SIN 520-4 when it awards contracts to Private Collection Agencies (PCAs) for the first time under SIN 520-4 due to last year?s passage of the American Jobs Creation Act of 2004.

Irene Kelso, president of PRS, had this to say about PRS? achievement of this designation. ?I?m pleased we have secured this contract, because this is clear evidence that PRS is among the most highly qualified collection agencies to serve any client, including the Federal government. We look forward to the chance to do business with participating Federal agencies.?

PRS retained Net Gain Marketing to prepare the firm?s proposal to the GSA. Nick Bernardo, project manager and author, noted, ?Even with the limited implementation of the IRS contract slated for this summer, there still may be time for interested agencies to get on schedule and have the chance to compete, if they act soon.?

About PRS
A New Jersey-based, certified Woman-Owned Business Enterprise (WBE), Professional Recovery Services (PRS) was founded in 1990 by President and CEO Irene Kelso. Since inception PRS continues to bring together technology, customer service, training, and sound operational strategies to deliver exceptional service and the highest levels of portfolio performance. These capabilities have made PRS one of the industry?s top performers. For more information, contact Tyrone Davis, Assistant Vice President of Sales & Marketing, at (800) 972-7984, ext 1004.

About Net Gain Marketing
Net Gain Marketing is a collaborative network marketing agency based in Philadelphia, PA. The firm provides marketing consulting services to business-to-business service providers, including collection agencies, providing RFP consulting, strategic planning, tactical marketing campaigns, and marketing communications, among other services. The firm?s website is www.netgain4results.com, and the telephone number is 215-533-1680.