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
EDFSA09O0011
Awardee
Awarding agency
Obligated
$232,546,674

Award facts

Contract value 100% obligated
$232,546,675.08 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
523999 Miscellaneous Financial Investment Activities
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
Bethesda, MD 20814, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00076 $0
Other Administrative Action P00075 $0
Other Administrative Action 74 · Critical function private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans… -$11,781,817
Other Administrative Action 12 · The purpose of this modification is to add the following far clauses as well as change the contract administrator a- far clause 52.209-8.; and B- far clause… $0
Other Administrative Action 72 · Deobligate funds -$16,744,552
Funding Only Action 73 · Critical functions - this requirement is for default collection services. The purpose of this modification is to add incremental funding. $27,900,000
Other Administrative Action 70 -$7,260,867
Other Administrative Action 69 -$309,616
Other Administrative Action 68 · Deobligate funds -$1,271,074
Exercise an Option 67 · Exercise option from october 21, 2014 to april 21, 2015 $0
Other Administrative Action 71 · Critical functions - this requirement is for default collection services. The purpose of this modification is to change contracting officer from MR. John… $0
Funding Only Action 66 · Critical function - this requirement is for default collection services. The purpose of this modification is to add incremental funding. $32,900,000
Exercise an Option 65 · Critical function - this requirement provides default collection services. The purpose of this modification is to exercise the option to extend services from… $0
Other Administrative Action 64 $0
Other Administrative Action 63 -$1,000
Funding Only Action 62 $5,929,000
Other Administrative Action 61 -$5,000,000
Funding Only Action 60 · Critical functions - this requirement is for default collection services. The purpose of this modification is to add incremental funding. $34,852,000
Other Administrative Action 59 · 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 58 · Critical functions - this requirement provides default collection services. The purpose of this modification is to replace PCA procedures manual V. 1.8 with PCA… $0
Funding Only Action 57 · Critical function - this requirement is for default collection services. The purpose of this modification is to add incremental funding. $16,637,000
Other Administrative Action 56 · Critical function - the purpose of this modification is to incorporate invoice reconciliation procedures. Invoice reconciliation procedures are hereby effective… $0
Other Administrative Action 55 $0
Other Administrative Action 54 · Critical function - this requirement is for default collection services. The purpose of this modification is to remove language from the administrative… $0
Other Administrative Action 53 · 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 52 · Critical function - this requirement provides default collection services. The purpose of this modification is to exercise the option. $0
Funding Only Action 51 · Critical function - this requirement proposes default collection services. The purpose of this modification is to add incremental funding. $40,630,000
Funding Only Action 50 · Critical function - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $6,223,368
Other Administrative Action 49 · 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 48 · Critical function - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $14,997,131
Funding Only Action 47 $7,000,000
Other Administrative Action 46 $0
Funding Only Action 45 $10,100,000
Funding Only Action 44 · Critical functions - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $7,500,000
Other Administrative Action 43 · Critical function - the purpose of this modification is to adjust the pricing schedule and update small business subcontracting requirements for the defaulted… $0
Other Administrative Action 42 · 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,… $4,460,200
Other Administrative Action 40 · The purpose of this modification is to adjust the pricing schedule, update invoice procedures, and update small business subcontracting requirements for the… $0
Other Administrative Action 41 · The purpose of this modification is to change the effective date for private collection agency procedures manual version 1.3 and pricing/commission changes to… $0
Funding Only Action 39 · The purpose is to add funding to the default collection service task order. $4,420,000
Other Administrative Action 38 · Critical function - the requirement is for default collection services. The purpose of this modification is to implement an alternative methodology for… $0
Exercise an Option 37 · Critical function - the purpose of this modification is to exercise the option. $0
Funding Only Action 36 $3,422,300
Funding Only Action 35 · Critical functions - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $2,795,000
Other Administrative Action 34 · 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 33 · Critical functions - provide funding for collection services provided. $237,614
Other Administrative Action 30 · Critical functions - the purpose of this modificaiton is to establish an assignment of claims at the request of the contractor $0
Funding Only Action 32 · Critical functions provide funding for collection services provided. $4,329,264
Other Administrative Action 31 · 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 functions: private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student… $2,600,000
Funding Only Action 28 · Critical functions - provide funding for collection services $3,500,000
Show 40 more

Latest 50 listed here. See the rest on GovTribe.

Quick answers

Who was awarded contract EDFSA09O0011?

EDFSA09O0011 was awarded to FMS Investment Corp by Office of Federal Student Aid (Department of Education) on July 1, 2009.

How much is contract EDFSA09O0011 worth?

The government has obligated $232,546,674 on EDFSA09O0011. Its current value, with exercised options, is $232,546,675.

Is contract EDFSA09O0011 an order under another contract?

Yes. EDFSA09O0011 is a delivery order under GS23F0063J, a federal supply schedule, on The Professional Services Schedule (PSS).

Was contract EDFSA09O0011 competed?

The extent of competition for EDFSA09O0011 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