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Re: Credit Review Sharon Armbrust 26 Mar 2002 16:32 EST
We have had some payment problems with small companies.  As a result we are obtaining "Business Information Reports" from Dunn & Bradstreet, in addition to requiring payment in full up front or payment paced with project activities (to the extent possible).

D&B reports vary according to the availability of data available to them.  While D&B may query companies for some of the its information, the companies do not always respond, so the information may at times be limited.   The Business Information Reports include a payment summary as well as a report of any public filings against the company.

We receive a limited D&B service for a monthly amount of $31.50 plus a charge of $60.10 for each report requested.  Reports are requested and received through D&B's website.

Sharon Armbrust, Director
Contracts and Grants Office
AC 119
Ball State University
Muncie, Indiana  47306

Phone:    765-285-5289
Fax:         765-285-5224
E-mail:      xxxxxx@bsu.edu

>>> xxxxxx@UDMERCY.EDU 03/26/02 03:44PM >>>
Hello,

I don't think my first e-mail went thru, so I am posting my
question again.

Do any universities perform a credit review of organizations
you enter into a contract with? If so how do you determine
credit worthiness? and Who performs the review?

I would also like to know if your university does not
perform a credit review.

I appreciate any insight you can give.

Heather S. Wilson
Restricted Fund Accountant
University of Detroit Mercy
Phone: (313)993-1590
Fax: (313)993-1011

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