This indefinite delivery, indefinite quantity contract with a potential value of $225,354,195.39 was awarded by the Department of Education's Office of Federal Student Aid to Mammoth TECH Inc., doing business as Credit Adjustments, as the prime contractor. The contract supports the Department's Defaulted Student Loan Collection Services master contract and involves the prime and eleven subcontractors performing collection and administrative resolution activities on defaulted student loans made under various federal student aid loan programs. Key small business subcontractors include the Texas Guaranteed Student Loan Corporation, HS Financial Group, PMC Integrity, and the Great Atlantic Group. All contractors are tasked with providing excellent customer service to student loan borrowers to assist in the rehabilitation or resolution of their defaulted loans. The prime contractor and subcontractors will perform these critical defaulted loan functions through September 2024 at locations in Ohio and elsewhere.
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