"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
EDFSA15O0025
Awardee
Awarding agency
Obligated
$345,772,702

Award facts

Contract value 100% obligated
  • $345,772,702.35 Current, with exercised options
  • $345,772,703.35 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Woodland Hills, CA 91367, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00046 -$12,216,154
Other Administrative Action P00045 -$4,596,417
Funding Only Action P00044 $15,500,000
Funding Only Action P00043 $35,000,000
Funding Only Action P00042 $966,363
Funding Only Action P00041 $25,000
Other Administrative Action P00040 $0
Other Administrative Action P00039 -$2,073,042
Funding Only Action P00038 $15,836,000
Other Administrative Action P00037 $0
Funding Only Action P00036 $20,000,000
Funding Only Action P00035 $40,000,000
Other Administrative Action P00034 $0
Other Administrative Action P00033 $0
Funding Only Action P00032 $38,000,000
Funding Only Action P00031 · Private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the… $2,302,280
Other Administrative Action 30 $0
Funding Only Action 29 $12,833,103
Supplemental Agreement for work within scope 28 $0
Supplemental Agreement for work within scope 27 $0
Other Administrative Action 26 -$4,452,719
Other Administrative Action 25 $0
Funding Only Action 24 $28,000,000
Other Administrative Action 23 $0
Funding Only Action 22 $63,000,000
Funding Only Action 21 $74
Funding Only Action 20 $2,874,000
Funding Only Action 19 $9,721,435
Funding Only Action 18 $15,000,000
Other Administrative Action 17 $0
Other Administrative Action 16 -$14,393,029
Funding Only Action 15 $16,000,000
Funding Only Action 14 $11,000,000
Other Administrative Action 13 $0
Other Administrative Action 12 $0
Funding Only Action 11 $13,000,000
Other Administrative Action 9 $0
Other Administrative Action 10 -$100,192
Funding Only Action 8 $14,080,000
Other Administrative Action 7 $0
Definitize Change Order 6 $155,000
Funding Only Action 5 $13,041,000
Change Order 4 $0
Funding Only Action 3 $17,270,000
Other Administrative Action 2 $0
Other Administrative Action 1 $0
Original award $0
Show all 47

About this award

Written by GovTribe AI ·

This is a federal contract awarded by the U.S. Department of Education's Office of Federal Student Aid (FSA) to Account Control Technology Inc., a for-profit organization. The contract is for the performance of "critical function" 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 is a firm fixed-price delivery order type contract with a ceiling value of $345,772,703.35. The contract does not have a set-aside designation and was awarded on April 22, 2015 with a period of performance that ends on 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 EDFSA15O0025?

EDFSA15O0025 was awarded to Account Control Technology Inc. by Office of Federal Student Aid (Department of Education) on April 22, 2015.

How much is contract EDFSA15O0025 worth?

The government has obligated $345,772,702 on EDFSA15O0025. Its potential value, with all options, is $345,772,703.

Is contract EDFSA15O0025 an order under another contract?

Yes. EDFSA15O0025 is a delivery order under GS23F0235K, a federal supply schedule, on The Professional Services Schedule (PSS).

Was contract EDFSA15O0025 competed?

The extent of competition for EDFSA15O0025 was full and open competition. The government received 1 offer.

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