"critical function" - private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the various federal student…
Ended Awarded Last action
- Contract number
- 0001
- Awardee
-
Central Research Inc. UEI CFJLNG96G1K5
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $103,700
Award facts
- Contract value 100% obligated
- $103,700.00 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
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 22 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Lowell, AR, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Definitize Change Order | -$6,300 | |
| Original award | $110,000 |
About this award
This is a firm-fixed-price delivery order contract awarded by the U.S. Department of Education's Office of Federal Student Aid to Central Research Inc., a for-profit Subchapter S Corporation. The contract, valued at $103,700.00, is for Central Research Inc. to perform "CRITICAL FUNCTION" - private collection agency services, including collection and administrative resolution activities on debts resulting from non-payment of federal student loans.
The contract is a task order under the Unified Servicing and Data Solution (USDS) Indefinite Delivery Contract, a $16 billion vehicle managed by the Department of Education to modernize its legacy student loan servicing systems. Central Research Inc. has secured several substantial task orders under the USDS contract, showcasing its expertise in student loan servicing operations and technology. This particular delivery order is set aside for small businesses.
The contract includes a subcontract with Account Resolution Group LLC, a small disadvantaged business, to provide default collection services. This demonstrates Central Research Inc.'s collaborative approach in delivering comprehensive services to the Department of Education.
Description
"critical function" - private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the various federal student aid loan programs.
Quick answers
Who was awarded contract 0001?
0001 was awarded to Central Research Inc. by Office of Federal Student Aid (Department of Education) on September 25, 2015.
How much is contract 0001 worth?
The government has obligated $103,700 on 0001.
Is contract 0001 an order under another contract?
Yes. 0001 is a delivery order under EDFSA14D0012, an indefinite delivery contract, on Defaulted Student Loan Collection Services.
Was contract 0001 competed?
The extent of competition for 0001 was full and open competition after exclusion of sources. The government received 22 offers. It was set aside: Total Small Business.
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