PCA services bridge contract (TSI)
Ended Awarded Last action
- Contract number
- 2033H624F00066
- Awardee
-
Transworld Systems Inc. UEI G5U7RMFCTM75
- Awarding agency
-
Bureau of the Fiscal Service
Department of the Treasury
- Obligated
- $8,769,597
Award facts
- Opportunity
-
- RFQFSA4813010024005 Solicitation number
- Contract value 76% obligated
-
- $8,769,597.02 Current, with exercised options
- $11,561,293.41 Potential, with all options
- Completion date 100% complete
- Current and 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 · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Fort Washington, PA, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$438,707 | |
| Funding Only Action | $700,000 | |
| Funding Only Action | $1,800,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $1,500,000 | |
| Funding Only Action | $270,081 | |
| Exercise an Option | $1,500,000 | |
| Funding Only Action | $281,898 | |
| Funding Only Action | -$193,675 | |
| Exercise an Option | $1,500,000 | |
| Exercise an Option | $1,600,000 | |
| Original award | $250,000 |
Show all 12
About this award
The U.S. Bureau of the Fiscal Service awarded a delivery order contract valued at $11.6 million to Transworld Systems Inc. (TSI) for private collection agency services. This bridge contract, which runs through November 17, 2025, represents a firm fixed-price engagement with no set-aside designation. TSI, headquartered in Fort Washington, Pennsylvania, specializes in contingency fee-based debt collection and accounts receivable management for federal government agencies. The contract is structured as a child delivery order under the General Services Administration's Multiple Award Schedule (MAS) contract vehicle.
This award is part of TSI's broader relationship with the Bureau of the Fiscal Service, which includes a significant $60 million Blanket Purchase Agreement running from August 2025 through August 2030 for comprehensive private collection agency services. Under these vehicles, TSI provides specialized debt recovery, debt consolidation, and administrative resolution services such as bankruptcy verification for various federal entities. The company's open-market competed contract portfolio demonstrates its competitive positioning in federal debt collection services, supporting the government's financial management and accounts receivable recovery operations across multiple agencies.
Quick answers
Who was awarded contract 2033H624F00066?
2033H624F00066 was awarded to Transworld Systems Inc. by Bureau of the Fiscal Service (Department of the Treasury) on February 18, 2024.
How much is contract 2033H624F00066 worth?
The government has obligated $8,769,597 on 2033H624F00066. Its potential value, with all options, is $11,561,293.
Is contract 2033H624F00066 an order under another contract?
Yes. 2033H624F00066 is a delivery order under 47QRAA20D001D, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 2033H624F00066 competed?
The extent of competition for 2033H624F00066 was full and open competition. The government received 1 offer.
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