"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
-
Immediate Credit Recovery, Inc. UEI XS7KBY13XA88
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $116,880
Award facts
- Contract value 100% obligated
- $116,880.00 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
- Wappingers Falls, NY 12590, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$7,500 | |
| Other Administrative Action | $0 | |
| Definitize Change Order | -$355,620 | |
| Original award | $480,000 |
About this award
This federal contract award, EDFSA14D0017|0001, was issued by the U.S. Department of Education's Office of Federal Student Aid to Immediate Credit Recovery, Inc., a minority-owned, Hispanic American-owned, for-profit small business. The contract is a $116,880.00 firm-fixed-price delivery order for the private collection agency to perform collection and administrative resolution activities on debts resulting from non-payment of federal student loans. The contract is set aside for small businesses and is part of the Defaulted Student Loan Collection Services contract vehicle. This contract supports the Office of Federal Student Aid's critical function of managing the federal student loan portfolio.
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 Immediate Credit Recovery, Inc. by Office of Federal Student Aid (Department of Education) on October 30, 2015.
How much is contract 0001 worth?
The government has obligated $116,880 on 0001.
Is contract 0001 an order under another contract?
Yes. 0001 is a delivery order under EDFSA14D0017, 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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