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.

Ended Awarded Last action

Contract number
EDFSA09O0025
Awardee
Awarding agency
Obligated
$98,987,193

Award facts

Contract value 99% obligated
$99,938,867.61 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
522310 Mortgage and Nonmortgage Loan Brokers
PSC
R705 Support- Management: Debt Collection
Set-aside
No set-aside
Competition
Competitive Delivery Order · 26 offers Negotiated Proposal / Quote
Pricing
Fixed Price Incentive
Place of performance
Andover, MN 55304, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00078 · The purpose of this modification is to closeout this contract. Physical completion has been verified, final payment has been made, and all other requirements… $0
Funding Only Action 77 -$1,016,511
Other Administrative Action 76 -$696,101
Funding Only Action 75 $2,250,000
Funding Only Action 74 $5,737,000
Funding Only Action 73 $691,104
Funding Only Action 72 $3,390,000
Other Administrative Action 71 · Critical function private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans… $0
Funding Only Action 70 · Critical functions - this requirement is for default collection services. The purpose of this modification is to add incremental funding. $6,174,000
Other Administrative Action 69 -$3,102,181
Other Administrative Action 66 · Deobligate funds -$1,293,374
Funding Only Action 68 · Critical functions - this requirement is for default collection services. The purpose of this modification is to add incremental funding. $738,264
Other Administrative Action 65 -$19,551
Other Administrative Action 64 · Deobligate funds -$215,936
Other Administrative Action 67 $0
Funding Only Action 63 · Critical functions this requirement is for default collection services. The purpose of this modification is to add incremental funding. $14,400,000
Exercise an Option 61 · Critical function - this requirement provides default collection services. The purpose of this modification is to exercise the option to extend services from… $0
Funding Only Action 62 · Critical functions - this requirement provides default collection services. The purpose of this modification is to add incremental funding in the amount of… $34,825
Other Administrative Action 60 $0
Funding Only Action 59 $2,632,000
Funding Only Action 58 · Critical functions- this requirement is for default collection services. The purpose of this modification is to add incremental funding. $10,609,000
Other Administrative Action 57 · Critical function - this requirement is for default collection services. The purpose of this modification is to replace PCA procedures manual version 1.9 with… $0
Other Administrative Action 56 · Critical functions - this requirement provides default collection services. The purpose of this modification is to provide incremental funding in the amount… $3,083,000
Other Administrative Action 55 · Critical function - the purpose of this modification is to incorporate invoice reconciliation procedures. Invoice reconciliation procedures are hereby effective… $0
Other Administrative Action 54 · Critical function - this requirement is for default collection services. The purpose of this modification is to replace procedures manual version 1.7 with 1.8. $0
Other Administrative Action 53 · Critical function - this requirement is for defualt collection services. The purpose of this modification is to add language to the administrative resolution… $0
Other Administrative Action 52 · Critical function - this requirement proposes default collection services. The purpose of this modifiction is to add language to the administrative resolution… $0
Exercise an Option 51 · Critical function - this requirement provides default collection services. The purpose of this modification is to exercise the option. $0
Funding Only Action 50 · Critical function - this requirement proposes default collection services. The purpose of this modification is to add incremental funding. $18,380,000
Other Administrative Action 49 · Critical functions- private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student… $0
Funding Only Action 48 · Critical function - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $2,327,485
Other Administrative Action 47 · Critical functions - this requirement provides default collection services. The purpose of this modification is to replace PCA procedures manual version 1.5… $0
Funding Only Action 46 · Critical function - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $4,057,551
Other Administrative Action 45 $0
Other Administrative Action 44 $4,500,000
Funding Only Action 43 · Critical functions - this requirement provides default collection services. The purpose of this modification is to add incremental funding in the amount of… $4,100,000
Other Administrative Action 42 · Critical function - this requirement is for default collection services. The purpose of this modification is to adjust the pricing schedule and update small… $0
Other Administrative Action 41 · Critical functions - the purpose of this modification is to change the effective date for private collection agency procedures manual version 1.3 to april 1,… $1,592,900
Other Administrative Action 39 · Critical functions - the purpose of this modification is to adjust the pricing schedule, update invoice procedures, and update small business subcontracting… $0
Other Administrative Action 40 · Critical functions - the purpose of this modification is to change the effective date for private collection agency procedures manual version 1.3 and… $0
Funding Only Action 38 · The purpose of this modification is to add funding to the default collection services task order. $1,690,000
Other Administrative Action 37 · Critical function - this requirement is for default collection services. The purpose of this modification is to implement an alternative continuous… $0
Exercise an Option 36 · Critical functions - the purpose of this modification is to exercise the option period. $0
Funding Only Action 35 $1,678,200
Funding Only Action 34 $950,000
Funding Only Action 33 · Critical functions - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $48,282
Other Administrative Action 32 · Critical functions - the purpose of this modification is to update the PCA procedures manual, provide notice that the pilot program expires, and change the… $0
Funding Only Action 31 · "critical functions" provide funding for invoice payments for collection services provided. $1,318,700
Other Administrative Action 30 · Critical functions - the purpose of this modification is to add the clause FSA 39.1, reporting requirements for departed contractor employees - alternate 1 $0
Funding Only Action 29 · Critical function: private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans… $400,000
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Quick answers

Who was awarded contract EDFSA09O0025?

EDFSA09O0025 was awarded to National Recoveries Inc. by Office of Federal Student Aid (Department of Education) on July 1, 2009.

How much is contract EDFSA09O0025 worth?

The government has obligated $98,987,193 on EDFSA09O0025. Its current value, with exercised options, is $99,938,868.

Is contract EDFSA09O0025 an order under another contract?

Yes. EDFSA09O0025 is a delivery order under GS23F0013U, a federal supply schedule, on The Professional Services Schedule (PSS).

Was contract EDFSA09O0025 competed?

The extent of competition for EDFSA09O0025 was competitive delivery order. The government received 26 offers.

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