This is a delivery order contract awarded by the Department of Education Office of Federal Student Aid to Coast Professional, Inc., a call center services company, to perform collection and administrative resolution activities on debts resulting from non-payment of federal student loans. The contract has a total potential value of $453,981,448.95 and was set aside for small businesses.
Coast Professional, Inc. will utilize several subcontractors to assist with the contract, including Emergency Planning Management Inc. (EPM), RMS - Recovery Management Services, Inc., National Recovery Solutions, LLC, and Revcrest, Inc. The contract was awarded on October 16, 2015 and has a completion date of September 30, 2024. This contract is part of the Department of Education's Defaulted Student Loan Collection Services program, which aims to recover outstanding federal student loan debts.
Generated 3/27/24, 9:01 AM