Provides ED with a means of controlling, deliquent/defaulted accounts, including managing all transactions related to identifying defaulted loans and billing defaulted borrowers.

Ended Definitive Contract Awarded Last action

Contract number
EDED00CO0114
Awardee
Awarding agency
Obligated
$45,238,506

Award facts

Contract value 67% obligated
  • $61,081,242.46 Current, with exercised options
  • $67,081,242.46 Potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
NAICS code
561440 Collection Agencies
PSC
R705 Support- Management: Debt Collection
Set-aside
No set-aside
Competition
Full and Open Competition · 50 offers
Pricing
Firm Fixed Price
Place of performance
Illinois, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out 40 $0
Funding Only Action 38 -$1,000,000
Funding Only Action 37 $8,000,000
Funding Only Action 36 $0
Funding Only Action 35 $463,084
Funding Only Action 34 $6,300,000
Funding Only Action 32 $6,000,000
Change Order 31 -$2,118,038
Funding Only Action 30 $6,000,000
Funding Only Action 29 $3,000,000
Funding Only Action 27 $2,093,459
Funding Only Action 23 $6,000,000
Modification $0
Additional Work (new agreement, FAR part 6 applies) 21 $4,000,000
Funding Only Action 20 $3,000,000
Funding Only Action 19 $3,500,000
Show all 16

Quick answers

Who was awarded contract EDED00CO0114?

EDED00CO0114 was awarded to Van RU Credit Corporation by Office of Federal Student Aid (Department of Education) on December 4, 2003.

How much is contract EDED00CO0114 worth?

The government has obligated $45,238,506 on EDED00CO0114. Its current value, with exercised options, is $61,081,242. Its potential value, with all options, is $67,081,242.

Was contract EDED00CO0114 competed?

The extent of competition for EDED00CO0114 was full and open competition. The government received 50 offers.

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