JUDICIAL COLLECTION SERVICES LOS LAGOS

The Agricultural Development Institute (INDAP) is initiating a process to normalize and cleanse its portfolio of overdue loans. To support this initiative, INDAP requires external expertise to augment its internal capabilities in judicial debt collection and credit recovery specifically for the Los Lagos Region. This tender seeks to contract a service provider capable of undertaking legal actions to recover outstanding debts owed to INDAP.

The scope of work involves the comprehensive management of judicial collection processes for delinquent agricultural credits. This includes, but is not limited to, initiating legal proceedings, managing litigation, and executing recovery strategies to reclaim the overdue funds. The service provider will be expected to demonstrate a strong understanding of Chilean legal frameworks pertaining to debt recovery and possess the necessary resources and experience to effectively pursue these cases within the Los Lagos Region.

This procurement falls under the financial services, pensions, and insurance sector, specifically focusing on development finance and debt management. The objective is to ensure the financial health of INDAP's loan portfolio by efficiently recovering non-performing assets. Interested parties should be prepared to detail their methodologies, track record in similar judicial collection endeavors, and their capacity to handle a significant volume of cases. The contract is for a single unit of service, representing the overall provision of these specialized collection services for the designated region.

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, with an estimated budget of CLP 68.0 million.

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.