"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
-
Coast Professional, Inc. UEI GERULZQKGMA5
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $93,250
Award facts
- Contract value 100% obligated
- $93,250.00 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
- West Monroe, LA, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Definitize Change Order | -$51,750 | |
| Original award | $145,000 |
About this award
This is a firm fixed price delivery order awarded by the Department of Education's Office of Federal Student Aid to Coast Professional, Inc., a for-profit Subchapter S corporation based in Geneseo, New York. The $93,250 contract is for Coast Professional to perform debt collection and administrative resolution activities on delinquent federal student loans. This delivery order is part of the larger "Defaulted Student Loan Collection Services" multiple-award contract vehicle held by Coast Professional, with a ceiling value of $360 million. The company has previously received task orders under this vehicle from both the Department of the Treasury's Bureau of the Fiscal Service and the Internal Revenue Service. This particular award is designated as a total small business set-aside.
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 Coast Professional, Inc. by Office of Federal Student Aid (Department of Education) on October 30, 2015.
How much is contract 0001 worth?
The government has obligated $93,250 on 0001.
Is contract 0001 an order under another contract?
Yes. 0001 is a delivery order under EDFSA14D0020, 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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