Critical function - private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the various federal student…

Ended Awarded Last action

Contract number
EDFSA15O0029
Awardee
Awarding agency
Obligated
$305,514,896

Award facts

Contract value 98% obligated
  • $311,845,570.40 Current, with exercised options
  • $311,845,571.40 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 · 1 offer Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Fairport, NY 14450, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00042 -$7,227,381
Other Administrative Action P00041 -$8,299,391
Funding Only Action P00040 $9,500,000
Funding Only Action P00039 $23,800,000
Other Administrative Action P00038 $0
Other Administrative Action P00037 · Private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the… -$1,707,548
Funding Only Action P00036 $17,570,942
Other Administrative Action P00035 $0
Funding Only Action P00034 $35,000,000
Other Administrative Action P00033 $0
Other Administrative Action P00032 · Private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the… $0
Funding Only Action P00031 $38,000,000
Funding Only Action P00030 · Private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the… $901,415
Other Administrative Action 29 $0
Funding Only Action 28 $18,028,000
Supplemental Agreement for work within scope 27 $0
Supplemental Agreement for work within scope 26 $0
Funding Only Action 25 -$3,165,337
Funding Only Action 24 $19,000,000
Other Administrative Action 23 $0
Funding Only Action 22 $63,000,000
Funding Only Action 21 $3,281,000
Funding Only Action 20 $10,766,403
Funding Only Action 19 $5,000,000
Other Administrative Action 18 $0
Other Administrative Action 17 -$16,287,424
Funding Only Action 16 $20,000,000
Other Administrative Action 12 $0
Funding Only Action 15 $12,000,000
Other Administrative Action 14 $0
Other Administrative Action 13 $0
Funding Only Action 11 $9,000,000
Other Administrative Action 10 -$1
Other Administrative Action 9 · 2010 and newer contracts "critical function" - private collection agency performs collection and administrative resolution activities on debts resulting from… $0
Funding Only Action 8 $19,040,000
Other Administrative Action 7 $0
Definitize Change Order 6 $55,219
Funding Only Action 5 $16,889,000
Change Order 4 $0
Funding Only Action 3 $21,370,000
Other Administrative Action 2 $0
Other Administrative Action 1 $0
Original award $0
Show all 43

About this award

Written by GovTribe AI ·

This is a $311,845,571.40 firm fixed price delivery order contract awarded by the U.S. Department of Education's Office of Federal Student Aid to Continental Service Group, LLC (doing business as Conserve), a for-profit limited liability company. The contract is for critical debt collection and administrative resolution activities on debts resulting from non-payment of federal student loans. The contract was awarded under the General Services Administration's (GSA) Professional Services Schedule (PSS) and does not have a set-aside designation, indicating it was competed on the open market. Conserve is an experienced federal debt collector, having been awarded significant contracts by the Internal Revenue Service and the Department of the Treasury Bureau of the Fiscal Service for similar services. This contract will run through April 21, 2017.

Description

As the agency reported it.

Critical function - 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.

Quick answers

Who was awarded contract EDFSA15O0029?

EDFSA15O0029 was awarded to Continental Service Group, LLC by Office of Federal Student Aid (Department of Education) on April 22, 2015.

How much is contract EDFSA15O0029 worth?

The government has obligated $305,514,896 on EDFSA15O0029. Its current value, with exercised options, is $311,845,570. Its potential value, with all options, is $311,845,571.

Is contract EDFSA15O0029 an order under another contract?

Yes. EDFSA15O0029 is a delivery order under GS23F0084P, a federal supply schedule, on The Professional Services Schedule (PSS).

Was contract EDFSA15O0029 competed?

The extent of competition for EDFSA15O0029 was full and open competition. The government received 1 offer.

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