Definitive Contract EDPM97053005

This federal contract award to Performant Recovery, Inc. is for debt collection services related to defaulted student loans. The contract has a ceiling value of $2,587,607.61 and was awarded on June 28, 2005 by the U.S. Department of Education. The contract type is a Definitive Contract with a Fixed Price Incentive pricing structure. There was no set-aside designation for this award. Performant Recovery, Inc. is a publicly traded company that specializes in recovery auditing, improper payment identification, and debt collection services for government agencies. In addition to this student loan contract, Performant holds a $7.75 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract with the Department of Health and Human Services Office of Inspector General for medical record reviews, audits, and consultative services related to Medicare and Medicaid oversight. The company also has a $40 million Federal Supply Schedule contract with the General Services Administration for debt collection and recovery audit services.