Dallas-based ACS awarded contract to help Texas return more than $1 billion in unclaimed property

by PegNews wire

DALLAS — Affiliated Computer Services, Inc. today announced it has been awarded a contract from the Texas Comptroller of Public Accounts to increase the amount of unclaimed property the state returns to its rightful owners.

To support the Comptroller’s mission of finding the owners of more than $1 billion in property, the ACS Unclaimed Property Clearinghouse will provide the state with management and program direction, specialized services to locate property owners, as well as supplemental claims processing and call center services under the competitively bid contract. The unclaimed assets include payroll checks, utility deposits, bank accounts, safe deposit box contents, and insurance proceeds.

“This is a groundbreaking effort by a state to utilize the proprietary technology and unclaimed property expertise of a non-governmental firm such as ACS to provide management and direction of an unclaimed property program,” said Joseph Doherty, executive vice president and group president of ACS Government Solutions Group. “Texas is highly innovative in forming this strategic partnership with ACS to ensure that more rightful owners are reunited with their unclaimed property.”

To search for unclaimed property in Texas, visit the website, call (800) 654-FIND (3463) or email unclaimed.property@cpa.state.tx.us.

Source: ACS