Rivate 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.

Ended Awarded Last action

Contract number
0001
Awardee
Awarding agency
Obligated
$2,300,000

Award facts

Contract value 1% obligated
  • $2,300,000.00 Current, with exercised options
  • $419,400,002.00 Potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
561440 Collection Agencies
Set-aside
No set-aside
Competition
Full and Open Competition · 7 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Indianapolis, IN 46219, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00003 $0
Funding Only Action P00002 $2,300,000
Other Administrative Action P00001 · Private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the… $0
Original award $0

About this award

This federal contract award is for a Delivery Order under the Debt Collection Services Master IDIQ contract, issued by the Department of Education Office of Federal Student Aid. The contract requires the prime contractor, Premiere Credit of North America, LLC, to perform collection and administrative resolution activities on debts resulting from non-payment of federal student loans. The contract has a potential value of $419,400,002.00 and a completion date of May 31, 2020. It does not utilize a set-aside designation.

Quick answers

Who was awarded contract 0001?

0001 was awarded to Premiere Credit Of North America, LLC by Office of Federal Student Aid (Department of Education) on April 26, 2017.

How much is contract 0001 worth?

The government has obligated $2,300,000 on 0001. Its potential value, with all options, is $419,400,002.

Is contract 0001 an order under another contract?

Yes. 0001 is a delivery order under EDFSA17D0007, an indefinite delivery contract, on Debt Collection Services.

Was contract 0001 competed?

The extent of competition for 0001 was full and open competition. The government received 7 offers.

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