Private collection agency (PCA) services bridge contract

Ended Awarded Last action

Contract number
2033H625F00064
Awardee
Awarding agency
Obligated
$6,453,137

Award facts

Opportunity
  • 2033H625Q00055 Solicitation number
Contract value 81% obligated
$7,953,136.80 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
561440 Collection Agencies
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Geneseo, NY 14454, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00006 · Private collection agency (PCA) services bridge contract - obligate funding $2,000,000
Supplemental Agreement for work within scope P00004 · Private collection agency (PCA) services bridge contract - six-month extension $895,048
Exercise an Option P00003 · Private collection agency (PCA) services bridge contract - exercise option year 2 $1,500,000
Funding Only Action P00002 · Private collection agency (PCA) services bridge contract - deobligate funds -$941,911
Exercise an Option P00001 · Private collection agency (PCA) services bridge contract - exercising option year 1 $1,500,000
Original award $1,500,000

About this award

The Bureau of the Fiscal Service issued a delivery order to Coast Professional, Inc. on May 18, 2025, for Private Collection Agency (PCA) services with a ceiling value of $7.95 million and an ultimate completion date of August 17, 2026.

This is a firm fixed price delivery order with no set-aside. Place of performance is Geneseo, NY. Coast Professional is a for-profit Subchapter S corporation that specializes in federal debt collection and student loan servicing; the company operates across multiple federal contracting vehicles including a Federal Supply Schedule, a Blanket Purchase Agreement with the Bureau of the Fiscal Service, and a seat on OASIS+ Unrestricted. The vendor self-performs the vast majority of work on prime contracts, with subcontractors accounting for approximately 1% of total contractor hours.

Quick answers

Who was awarded contract 2033H625F00064?

2033H625F00064 was awarded to Coast Professional, Inc. by Bureau of the Fiscal Service (Department of the Treasury) on May 18, 2025.

How much is contract 2033H625F00064 worth?

The government has obligated $6,453,137 on 2033H625F00064. Its current value, with exercised options, is $7,953,137.

Is contract 2033H625F00064 an order under another contract?

Yes. 2033H625F00064 is a delivery order under 47QRAA23D0089, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 2033H625F00064 competed?

The extent of competition for 2033H625F00064 was full and open competition. The government received 1 offer.

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