Missouri Contract to Locate Unclaimed Assets

• Category: Contracts - Unclaimed Assets
• State: Multi-State
• Control #: US-00700BG
• Format: Word; Rich Text

Description

This form is a sample of an agreement to locate unclaimed assets and/or property owned by others that do not know of such property. Examples of such property would be overbid funds from property that has been sold or is about to go to sale by public officials for back taxes that are due, as well as unclaimed property from a decedent's estate. Missouri Contract to Locate Unclaimed Assets is a legal agreement entered into by an individual or entity (known as the "Contractor") and the State of Missouri. This agreement allows the Contractor to assist in locating and recovering unclaimed assets on behalf of the State. Unclaimed assets refer to any financial or tangible property that has been abandoned or forgotten by the rightful owner. The Missouri Contract to Locate Unclaimed Assets serves as a partnership between the State and the Contractor, with the common goal of reuniting unclaimed assets with their rightful owners. The Contractor undertakes various efforts to search for and locate these assets, using their expertise and resources. The Missouri Treasurer's Office is responsible for managing unclaimed assets, and they may enter into multiple types of contract agreements with qualified Contractors. These contracts include: 1. Asset Recovery Services Contract: This type of contract allows the Contractor to provide their specialized services in locating, recovering, and reporting unclaimed assets to the State. The Contractor is usually compensated based on a contingency fee, receiving a percentage of the total value of the recovered assets. 2. Audit and Compliance Contract: In addition to asset recovery, Missouri may enter into contracts to ensure compliance with regulations governing unclaimed assets, such as audits, reporting, and maintaining accurate records. Contractors with expertise in auditing and compliance procedures may be engaged for this type of contract. 3. Outreach and Education Contract: This type of contract focuses on raising public awareness about unclaimed assets and educating individuals about how to locate and claim their abandoned property. Contractors with experience in public outreach, marketing, and educational campaigns may collaborate with the State to spread awareness and provide valuable information. 4. Database Management Contract: The State of Missouri may also engage Contractors to develop and maintain a comprehensive and secure database for unclaimed assets. This database serves as a useful resource for individuals searching for their lost property and ensures efficient management of the entire process. Overall, the Missouri Contract to Locate Unclaimed Assets offers opportunities for qualified individuals or entities to collaborate with the State in returning abandoned assets to their rightful owners. These contracts aim to maximize the recovery of unclaimed assets and provide a beneficial outcome for both the State and the Contracting party.

Missouri Contract to Locate Unclaimed Assets is a legal agreement entered into by an individual or entity (known as the "Contractor") and the State of Missouri. This agreement allows the Contractor to assist in locating and recovering unclaimed assets on behalf of the State. Unclaimed assets refer to any financial or tangible property that has been abandoned or forgotten by the rightful owner. The Missouri Contract to Locate Unclaimed Assets serves as a partnership between the State and the Contractor, with the common goal of reuniting unclaimed assets with their rightful owners. The Contractor undertakes various efforts to search for and locate these assets, using their expertise and resources. The Missouri Treasurer's Office is responsible for managing unclaimed assets, and they may enter into multiple types of contract agreements with qualified Contractors. These contracts include: 1. Asset Recovery Services Contract: This type of contract allows the Contractor to provide their specialized services in locating, recovering, and reporting unclaimed assets to the State. The Contractor is usually compensated based on a contingency fee, receiving a percentage of the total value of the recovered assets. 2. Audit and Compliance Contract: In addition to asset recovery, Missouri may enter into contracts to ensure compliance with regulations governing unclaimed assets, such as audits, reporting, and maintaining accurate records. Contractors with expertise in auditing and compliance procedures may be engaged for this type of contract. 3. Outreach and Education Contract: This type of contract focuses on raising public awareness about unclaimed assets and educating individuals about how to locate and claim their abandoned property. Contractors with experience in public outreach, marketing, and educational campaigns may collaborate with the State to spread awareness and provide valuable information. 4. Database Management Contract: The State of Missouri may also engage Contractors to develop and maintain a comprehensive and secure database for unclaimed assets. This database serves as a useful resource for individuals searching for their lost property and ensures efficient management of the entire process. Overall, the Missouri Contract to Locate Unclaimed Assets offers opportunities for qualified individuals or entities to collaborate with the State in returning abandoned assets to their rightful owners. These contracts aim to maximize the recovery of unclaimed assets and provide a beneficial outcome for both the State and the Contracting party.