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
EDFSA09O0024
Awardee
Awarding agency
Obligated
$84,118,980

Award facts

Contract value 97% obligated
$86,787,701.55 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
Poughkeepsie, NY, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00077 $0
Other Administrative Action P00076 $0
Funding Only Action 75 -$3,829,810
Other Administrative Action 74 -$1,607,848
Funding Only Action 73 $5,440,000
Funding Only Action 72 $5,331,000
Funding Only Action 71 $940,000
Other Administrative Action 70 · Critical function private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans… $0
Other Administrative Action 65 -$43,189
Other Administrative Action 68 · Deobligate funds -$1,445,724
Funding Only Action 69 · Critical functions - this requirement is for default collection services. The purpose of this modification is to add incremental funding. $6,700,000
Other Administrative Action 64 -$103,060
Other Administrative Action 66 · Deobligate funds -$1,076,749
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. $13,000,000
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… $186,218
Other Administrative Action 60 $0
Funding Only Action 59 $5,307,000
Funding Only Action 58 · Critical functions- this requirement is for default collection services. The purpose of this modification is to add incremental funding. $4,569,000
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… $485,000
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 remove language in 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. $18,930,000
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. $2,085,491
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. $3,919,248
Other Administrative Action 45 $0
Funding Only Action 44 $4,300,000
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… $2,500,000
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,… $1,486,700
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 service task order. $780,000
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 $1,646,500
Funding Only Action 34 $855,000
Funding Only Action 33 · Critical functions - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $27,971
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. $1,133,398
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… $800,000
Funding Only Action 28 · "critical functions" provide funding for invoice payments for collection services provided. $800,000
Show 40 more

Latest 50 listed here. See the rest on GovTribe.

Quick answers

Who was awarded contract EDFSA09O0024?

EDFSA09O0024 was awarded to Immediate Credit Recovery, Inc. by Office of Federal Student Aid (Department of Education) on July 1, 2009.

How much is contract EDFSA09O0024 worth?

The government has obligated $84,118,980 on EDFSA09O0024. Its current value, with exercised options, is $86,787,702.

Is contract EDFSA09O0024 an order under another contract?

Yes. EDFSA09O0024 is a delivery order under GS23F0015U, a federal supply schedule, on The Professional Services Schedule (PSS).

Was contract EDFSA09O0024 competed?

The extent of competition for EDFSA09O0024 was competitive delivery order. The government received 26 offers.

On GovTribe

See this award's full record

  • Every transaction and funding action
  • The awardee's other awards and teaming partners
  • Similar awards and recompete opportunities
  • Ask GovTribe AI about this award
Try for free Login