JUDICIAL COLLECTION SERVICES COQUIMBO

The Agricultural Development Institute (INDAP) is undertaking a process to normalize and cleanse its portfolio of overdue loans. To complement its internal capabilities, INDAP requires judicial collection and credit recovery services specifically for the Coquimbo Region. This tender seeks to engage a service provider capable of managing the legal recovery of outstanding debts within this geographical area.

The scope of work involves providing comprehensive judicial collection services and credit recovery for INDAP's delinquent loan portfolio in the Coquimbo Region. The objective is to enhance INDAP's capacity to address non-performing loans through legal channels, ensuring a more effective and efficient debt recovery process. Key requirements are expected to include expertise in Chilean judicial collection procedures, a proven track record in recovering overdue agricultural credits, and the ability to manage a significant volume of cases.

The selected service provider will be responsible for initiating and managing all necessary legal actions to recover the debts, including but not limited to, filing lawsuits, executing judgments, and managing the entire legal process until full recovery or final resolution. This service falls under the Financial Services, Pensions, and Insurance category, specifically within Development Finance and Debt Management. The contract is for a single unit of service, indicating a comprehensive service package rather than a divisible quantity. This initiative is crucial for INDAP's financial health and its ability to continue supporting agricultural development in Chile.

This is a works contract in the finance and banking, legal services and health and medical services sectors, with a focus on Insurance, Investment and Debt Management. Located in Chile, Latin America, this opportunity is open to firms and consortiums.

Published through Chile Mercado Publico, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for civil works in the finance and banking sector. Works contracts of this nature generally require demonstrated experience in similar infrastructure projects, adequate equipment and technical personnel, and financial capacity including bank guarantees. This contract has already been awarded. The information is published for transparency and market intelligence purposes.