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
EDFSA09O0018
Awardee
Awarding agency
Obligated
$235,779,605

Award facts

Contract value 95% obligated
$249,408,436.26 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
Chicago, IL 60630, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00086 $0
Funding Only Action P00085 · Critical function private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans… -$1,231,947
Other Administrative Action 84 -$899,460
Funding Only Action 83 $9,800,000
Funding Only Action 82 $784,000
Funding Only Action 81 · Critical function private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans… $2,438,749
Funding Only Action 80 · Critical function private collection agency performs collections and administrative resolution activities on debts resulting from non-payment of student loans… $1,000,000
Funding Only Action 79 $4,500,000
Other Administrative Action 77 -$682,410
Other Administrative Action 78 $0
Other Administrative Action 76 -$4,974,118
Funding Only Action 75 $1,000,000
Other Administrative Action 74 $0
Other Administrative Action 73 $0
Funding Only Action 72 $5,000,000
Other Administrative Action 71 $0
Funding Only Action 70 $9,850,000
Funding Only Action 69 $7,161,000
Funding Only Action 68 $2,860,000
Other Administrative Action 67 · Critical function private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans… $0
Other Administrative Action 64 -$2,130,111
Other Administrative Action 61 -$3,455,752
Other Administrative Action 65 · Deobligate funds -$5,440,398
Funding Only Action 66 · Critical functions - this requirement is for default collection services. The purpose of this modification is to add incremental funding. $14,100,000
Other Administrative Action 62 · Deobligate funds -$2,602,570
Other Administrative Action 63 · 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 60 · Critical function - this requirement is for default collection services. The purpose of this modification is to add incremental funding. $18,600,000
Exercise an Option 58 · 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 59 · Critical functions - this requirement provides default collection services. The purpose of this modification is to add incremental funding in the amount of… $24,984
Other Administrative Action 57 $0
Funding Only Action 56 $9,894,000
Funding Only Action 55 · Critical functions- this requirement is for default collection services. The purpose of this modification is to add incremental funding. $9,394,000
Other Administrative Action 54 · 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 53 · Critical functions - this requirement provides default collection services. The purpose of this modification is to provide incremental funding in the amount… $496,000
Other Administrative Action 52 $0
Other Administrative Action 51 $0
Other Administrative Action 50 · 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 49 · 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 48 · Critical function - this requirement provides default collection services. The purpose of this modification is to exercise the option. $0
Funding Only Action 47 · Critical function - this requirement proposes default collection services. The purpose of this modification is to add incremental funding. $38,990,000
Funding Only Action 46 · Critical function - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $7,103,295
Other Administrative Action 45 · 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 44 · Critical function - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $9,122,659
Funding Only Action 43 $2,000,000
Other Administrative Action 42 $0
Funding Only Action 41 $7,900,000
Funding Only Action 40 · Critical functions - this requirement provides default collection services. The purpose of this modification is to add incremental funding. $3,100,000
Other Administrative Action 39 · 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 38 · 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,… $6,371,700
Other Administrative Action 36 · The purpose of this modification is to adjust the pricing schedule, update invoice procedures, and update small business subcontracting requirements for the… $0
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Quick answers

Who was awarded contract EDFSA09O0018?

EDFSA09O0018 was awarded to Van RU Credit Corporation by Office of Federal Student Aid (Department of Education) on July 1, 2009.

How much is contract EDFSA09O0018 worth?

The government has obligated $235,779,605 on EDFSA09O0018. Its current value, with exercised options, is $249,408,436.

Is contract EDFSA09O0018 an order under another contract?

Yes. EDFSA09O0018 is a delivery order under GS23F0204K, a federal supply schedule, on The Professional Services Schedule (PSS).

Was contract EDFSA09O0018 competed?

The extent of competition for EDFSA09O0018 was competitive delivery order. The government received 26 offers.

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