"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
- EDFSA17O0008
- Awardee
-
Pioneer Credit Recovery, Inc. UEI YXUUF59KM4C8 Part of Navient Corporation
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $139,716,602
Award facts
- Contract value 100% obligated
- $139,716,601.96 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
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Arcade, NY 14009, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$34,429,306 | |
| Funding Only Action | $5,000,000 | |
| Funding Only Action | $15,000,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $17,274,250 | |
| Funding Only Action | $25,000,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $15,000,000 | |
| Funding Only Action | $25,000,000 | |
| Funding Only Action | $3,794,945 | |
| Funding Only Action | -$300 | |
| Funding Only Action | $615,000 | |
| Funding Only Action | $11,252,560 | |
| Other Administrative Action | -$2,340 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $10,000,000 | |
| Funding Only Action | $19,000,000 | |
| Funding Only Action | $8,000,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $12,000,000 | |
| Funding Only Action | $3,455,792 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $84,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $172,000 | |
| Funding Only Action | $3,000,000 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $500,000 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $1 |
Show all 33
About this award
The Department of Education Office of Federal Student Aid awarded a Firm Fixed Price Delivery Order contract to Pioneer Credit Recovery, Inc., a for-profit organization and subsidiary of Navient Corporation, to perform collection and administrative resolution activities on debts resulting from non-payment of student loans made under various federal student aid loan programs. The contract, which is not set aside, has a potential value of $139,716,601.96 and was awarded on April 28, 2017, with a completion date of April 27, 2021. The contract is issued under the Professional Services Schedule (PSS), a General Services Administration (GSA) contract vehicle.
Description
"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 EDFSA17O0008?
EDFSA17O0008 was awarded to Pioneer Credit Recovery, Inc. by Office of Federal Student Aid (Department of Education) on April 28, 2017.
How much is contract EDFSA17O0008 worth?
The government has obligated $139,716,602 on EDFSA17O0008.
Is contract EDFSA17O0008 an order under another contract?
Yes. EDFSA17O0008 is a delivery order under GS23F0217K, a federal supply schedule, on The Professional Services Schedule (PSS).
Was contract EDFSA17O0008 competed?
The extent of competition for EDFSA17O0008 was full and open competition. The government received 1 offer.
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