PCA services bridge contract (CBE)
Ended Awarded Last action
- Contract number
- 2033H624F00062
- Awardee
-
The CBE Group, Inc. UEI CTYHQ6M5VHL1
- Awarding agency
-
Bureau of the Fiscal Service
Department of the Treasury
- Obligated
- $11,816,508
Award facts
- Opportunity
-
- RFQFSA4813010024001 Solicitation number
- Contract value 98% obligated
-
- $11,816,508.27 Current, with exercised options
- $12,000,000.00 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 541211 Offices of Certified Public Accountants
- 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
- Cedar Falls, IA, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $2,000,000 | |
| Funding Only Action | $2,000,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $2,400,000 | |
| Funding Only Action | $237,676 | |
| Exercise an Option | $1,500,000 | |
| Funding Only Action | $848,853 | |
| Funding Only Action | -$520,020 | |
| Exercise an Option | $1,500,000 | |
| Exercise an Option | $1,600,000 | |
| Original award | $250,000 |
Show all 11
About this award
This is a $12,000,000.00 firm-fixed-price delivery order contract awarded by the Bureau of the Fiscal Service, a civilian agency within the U.S. Department of the Treasury, to The CBE Group, Inc., a for-profit organization headquartered in Cedar Falls, Iowa. The contract is for Private Collection Agency (PCA) Services, specifically a "PCA Services Bridge Contract (CBE)" to provide accounts receivable collections, credit bureau reporting, and customer care services to federal agencies. This delivery order is part of a larger Multiple Award Schedule (MAS) contract vehicle with the General Services Administration, which allows federal agencies to procure these specialized debt collection and administrative services under pre-negotiated terms. The contract does not have a set-aside designation and is set to run through November 17, 2025. The CBE Group, Inc. has a history of providing debt collection services to various federal agencies, including the Department of the Treasury, Internal Revenue Service, and Department of Education.
Quick answers
Who was awarded contract 2033H624F00062?
2033H624F00062 was awarded to The CBE Group, Inc. by Bureau of the Fiscal Service (Department of the Treasury) on February 18, 2024.
How much is contract 2033H624F00062 worth?
The government has obligated $11,816,508 on 2033H624F00062. Its potential value, with all options, is $12,000,000.
Is contract 2033H624F00062 an order under another contract?
Yes. 2033H624F00062 is a delivery order under GS23F0230P, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 2033H624F00062 competed?
The extent of competition for 2033H624F00062 was full and open competition. The government received 1 offer.
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