Affiliated Computer Services, Inc. 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.
The work of ACS touches millions of people every day. ACS processes more than half of the nation’s child support payments; manages 24 electronic payment card programs for state and federal clients, disbursing government payments and benefits; processes nearly 570 million Medicaid claims each year totaling more than $50 billion in provider payments; saves state child care programs millions of dollars; and services student loans for more than 11 million borrowers.
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