We have received a few letters from companies which claim to be able to find unclaimed money due our city. 
We are aware of the State of California Controllers Office and their unclaimed funds site, as well as the page with the County of Orange
But, has anyone used the service of a private company to locate unclaimed funds?
If so, provide a name of the company.
What was your general feeling on the service?
Is this money that you would have never found through your own internal audit?
Also, what was the percentage fee?
Did you go out to an RFP?  If so, can you provide a sample?
Can you provide a copy of the contract that was approved?
 
Is there any other method that you have used to locate unclaimed money?
 
 
Jim Slobojan
Deputy City Treasurer
City of Huntington Beach
(714) 536-5200
 

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