Hydra group LLC redress task order
Active Awarded Last action
- Contract number
- 9531CB24F0049
- Awardee
-
Epiq Class Action & Claims Solutions, Inc. UEI MXK3HBJGWLE7 Part of Document Technologies, LLC
- Awarding agency
-
Consumer Financial Protection Bureau
- Obligated
- $1,074,855
Award facts
- Opportunity
-
- 9531CB24Q0047 Solicitation number
- Contract value 100% obligated
- $1,074,854.98 Current and potential, with all options
- Completion date 74% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Beaverton, OR 97005, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $847,034 | |
| Other Administrative Action | $0 | |
| Original award | $227,821 |
About this award
The Consumer Financial Protection Bureau awarded a $1.07M delivery order to Epiq Class Action & Claims Solutions, Inc. on March 29, 2024, for redress task order services with an ultimate completion date of September 30, 2027. This firm fixed-price delivery order represents additional funding and an extension to an existing task order under Epiq's larger $50M, five-year Indefinite Delivery/Indefinite Quantity contract with the CFPB for Fund and Redress Administration services. The contract was awarded through standard competitive procedures with no set-aside designation. The work will be performed in Beaverton, Oregon.
Epiq Class Action & Claims Solutions, Inc., a subsidiary of Epiq Systems, Inc., specializes in third-party administration of consumer redress programs for federal agencies. Under this delivery order, the company will provide comprehensive claims administration services typical of CFPB consumer protection enforcement actions, including developing distribution plans, identifying harmed consumers, processing claims, providing consumer assistance, and managing payment distributions. Epiq has demonstrated extensive experience managing high-profile consumer redress matters and maintains established relationships across multiple federal agencies including the Federal Trade Commission and Department of Justice, positioning it as a specialized provider in complex settlement administration and consumer relief delivery.
Quick answers
Who was awarded contract 9531CB24F0049?
9531CB24F0049 was awarded to Epiq Class Action & Claims Solutions, Inc. by Consumer Financial Protection Bureau on March 29, 2024.
How much is contract 9531CB24F0049 worth?
The government has obligated $1,074,855 on 9531CB24F0049.
Is contract 9531CB24F0049 an order under another contract?
Yes. 9531CB24F0049 is a delivery order under 9531CB22D0003, an indefinite delivery contract, on CFPB 3rd Party Redress Services.
Was contract 9531CB24F0049 competed?
The extent of competition for 9531CB24F0049 was full and open competition. The government received 1 offer.
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