Purchase Order 91003125P0018

This is a $689,916.45 firm-fixed price purchase order contract awarded by the U.S. Department of Education's Office of Federal Student Aid (FSA) to Jonas Collections & Recovery Inc.'s C&R Software Division. The contract is for the renewal and maintenance of the Titanium Debt Manager software, which is the core system used by FSA to manage and collect on federal student loans. This purchase order has no set-aside designation and does not mention any major subcontractors. The contract runs from January 1, 2025 through December 31, 2025 and is a continuation of previous Titanium software support and maintenance contracts awarded to Jonas Collections & Recovery Inc. over the past three years, totaling over $1.9 million. The Titanium Debt Manager software is a critical component of FSA's $120 billion portfolio of federal student grants, loans, and work-study funds.