Standard recovery services
Ended Awarded Last action
- Contract number
- EXIM14F0043
- Awardee
-
Global Recovery Group, LLC UEI PDG7UND3CWN8
- Awarding agency
-
Export Import Bank of the US
- Obligated
- $10,301,784
Award facts
- Opportunity
-
- EXIM14Q0028 Solicitation number
- Contract value 48% obligated
-
- $10,301,783.61 Current, with exercised options
- $21,301,783.61 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 561440 Collection Agencies
- PSC
- R705 Support- Management: Debt Collection
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Reston, VA 20190, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$11,698,216 | |
| Exercise an Option | $0 | |
| Exercise an Option | $1,500,000 | |
| Exercise an Option | $2,500,000 | |
| Exercise an Option | $4,500,000 | |
| Exercise an Option | $6,000,000 | |
| Original award | $7,500,000 |
About this award
Global Recovery Group, LLC was awarded a delivery order contract by the Export-Import Bank of the United States with a ceiling value of $21.3 million for standard recovery services and debt recovery operations. The contract, awarded on June 10, 2014, with a completion date of June 9, 2019, is a firm fixed-price delivery order issued under the General Services Administration's Professional Services Schedule (PSS). Work will be performed in Reston, Virginia. The contract carries no set-aside designation and represents the bank's efforts to manage and recover new and existing debts through professional recovery services.
The Export-Import Bank, a civilian federal agency responsible for facilitating U.S. trade and export financing, engaged Global Recovery Group through this contract to support its internal debt recovery operations. As a delivery order under the PSS vehicle, this contract provided the bank with streamlined access to professional recovery services on an as-needed basis within the defined ceiling. The firm fixed-price structure established predictable costs for the recovery services rendered throughout the contract's five-year performance period.
Quick answers
Who was awarded contract EXIM14F0043?
EXIM14F0043 was awarded to Global Recovery Group, LLC by Export Import Bank of the US on June 10, 2014.
How much is contract EXIM14F0043 worth?
The government has obligated $10,301,784 on EXIM14F0043. Its potential value, with all options, is $21,301,784.
Is contract EXIM14F0043 an order under another contract?
Yes. EXIM14F0043 is a delivery order under GS23F0026U, a federal supply schedule, on The Professional Services Schedule (PSS).
Was contract EXIM14F0043 competed?
The extent of competition for EXIM14F0043 was full and open competition. The government received 1 offer.
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