Private collection agency (PCA) services bridge contract
Ended Awarded Last action
- Contract number
- 2033H625F00063
- Awardee
-
The CBE Group, Inc. UEI CTYHQ6M5VHL1
- Awarding agency
-
Bureau of the Fiscal Service
Department of the Treasury
- Obligated
- $11,372,187
Award facts
- Opportunity
-
- 2033H625Q00025 Solicitation number
- Contract value 100% obligated
- $11,372,187.19 Current and 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
- Cedar Falls, IA, 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 | $7,000,000 | |
| Supplemental Agreement for work within scope | $1,019,876 | |
| Funding Only Action | -$1,147,689 | |
| Exercise an Option | $1,500,000 | |
| Original award | $1,500,000 |
About this award
The Bureau of the Fiscal Service, a civilian agency within the Department of the Treasury, has awarded a delivery order valued at $11.4 million to The CBE Group, Inc. for Private Collection Agency (PCA) Services Bridge Contract work. This firm fixed-price delivery order, issued on May 18, 2025, will be completed by August 17, 2026, and represents a child contract under the GSA Multiple Award Schedule. The CBE Group, headquartered in Cedar Falls, Iowa, will perform all work at its Iowa facility, delivering comprehensive accounts receivable collections services including collections management, credit bureau reporting, administrative wage garnishment, and administrative resolutions to support federal debt collection efforts.
This delivery order was issued without set-aside designation and is sourced from The CBE Group's established Federal Supply Schedule contract ($400 million, through March 2029) and its $60 million Blanket Purchase Agreement with the Bureau of the Fiscal Service (through January 2031), both structured under the GSA Multiple Award Schedule framework. The CBE Group has demonstrated extensive federal collection services experience, including a substantial $154 million IRS contract for tax receivable collection and multiple prior delivery orders from the Bureau of the Fiscal Service, establishing the company as an established provider of government debt collection services across the Treasury and Education departments.
Quick answers
Who was awarded contract 2033H625F00063?
2033H625F00063 was awarded to The CBE Group, Inc. by Bureau of the Fiscal Service (Department of the Treasury) on May 18, 2025.
How much is contract 2033H625F00063 worth?
The government has obligated $11,372,187 on 2033H625F00063.
Is contract 2033H625F00063 an order under another contract?
Yes. 2033H625F00063 is a delivery order under 47QRAA24D0062, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 2033H625F00063 competed?
The extent of competition for 2033H625F00063 was full and open competition. The government received 1 offer.
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