"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
0002
Awardee
Awarding agency
Obligated
$201,654,275

Award facts

Contract value 100% obligated
$201,654,275.44 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
561440 Collection Agencies
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
North Andover, MA 01845, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00055 -$872,580
Funding Only Action P00053 -$12,497,093
Funding Only Action P00054 $12,497,093
Funding Only Action P00052 $12,497,093
Funding Only Action P00051 $1,250,000
Funding Only Action P00050 $1,227,657
Funding Only Action P00049 $24,671
Funding Only Action P00048 $144,415
Funding Only Action P00047 $101,274
Funding Only Action P00046 $1,634,235
Funding Only Action P00045 $8,100,000
Other Administrative Action P00044 $20,000,000
Funding Only Action P00043 $20,000,000
Other Administrative Action P00042 $0
Funding Only Action P00041 $3,605,000
Funding Only Action P00040 $17,247,500
Funding Only Action P00039 $4,000,000
Other Administrative Action P00038 $0
Funding Only Action P00037 $18,000,000
Funding Only Action P00036 $13,000,000
Funding Only Action P00035 $13,000,000
Other Administrative Action P00034 $0
Funding Only Action P00033 $72,018
Funding Only Action P00032 $10,527,229
Other Administrative Action P00031 -$498,908
Funding Only Action P00030 $0
Funding Only Action P00029 $4,000,000
Funding Only Action P00028 $5,000,000
Other Administrative Action P00027 $0
Funding Only Action P00026 $5,000,000
Other Administrative Action P00025 $0
Funding Only Action P00024 $6,500,000
Funding Only Action P00023 $10,000,000
Other Administrative Action P00022 $0
Funding Only Action P00021 $6,000,000
Funding Only Action P00020 $4,352
Other Administrative Action P00019 $0
Funding Only Action P00018 $1,510,000
Exercise an Option P00017 $0
Other Administrative Action P00016 -$299,357
Funding Only Action P00015 $4,052,999
Funding Only Action P00014 $500,000
Funding Only Action P00013 $4,000,000
Funding Only Action P00012 · Private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the… $4,000,000
Funding Only Action P00011 $4,500,000
Funding Only Action P00010 $151,645
Funding Only Action 9 $180,000
Other Administrative Action 8 $0
Exercise an Option 7 $92,000
Funding Only Action 6 -$300,974
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About this award

This is a $201,654,275.44 firm fixed-price delivery order awarded by the U.S. Department of Education's Office of Federal Student Aid to F.h. Cann & Associates, Inc., a certified woman-owned small business. The contract is for the performance of collection and administrative resolution activities on debts resulting from non-payment of federal student loans. The delivery order was issued under the Department's Defaulted Student Loan Collection Services contract vehicle, a multiple-award IDIQ with a 10-year term. F.h. Cann & Associates has also been awarded additional task orders under this IDIQ, including $17.9 million for non-servicing contact center and back-office support, and a $24.9 million ramp-up task order. The company has further received federal contract awards to provide debt collection services, including a $4.5 million HUBZone set-aside IDIQ from the Department of Justice. Two subcontractors, Law Offices Of Robert A. Schuerger Co., LPA and Performant Recovery, Inc., are also providing collection and administrative services under this delivery order.

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 0002?

0002 was awarded to F.h. Cann & Associates, Inc. by Office of Federal Student Aid (Department of Education) on July 29, 2016.

How much is contract 0002 worth?

The government has obligated $201,654,275 on 0002.

Is contract 0002 an order under another contract?

Yes. 0002 is a delivery order under EDFSA14D0014, an indefinite delivery contract, on Defaulted Student Loan Collection Services.

Was contract 0002 competed?

The extent of competition for 0002 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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