Federal Supply Schedule 47QRAA24D0062

Active Awarded Last action

Contract number
47QRAA24D0062
Awardee
Awarding agency
Task orders
4

Award facts

Opportunity
  • 47QSMD20R0001 Solicitation number
Last date to order 51% complete
IDV ceiling
$400,000,000.00
Award type
Multiple award
Who can order
All agencies
NAICS code
561440 Collection Agencies
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Legislative mandates

Award details come from SAM.gov/FPDS.

About this IDV

Written by GovTribe AI ·

GSA Federal Acquisition Service issued a Federal Supply Schedule contract to The CBE Group, Inc. on March 29, 2024, with a $400 million ceiling through March 28, 2029, for debt collection and accounts receivable management services under the Multiple Award Schedule.

The contract covers professional services in debt collection, including regular collections, administrative wage garnishment, rehabilitation funding, consolidations, administrative resolutions, government debt collection, and tax collection, with pricing incorporating the 0.75% Industrial Funding Fee. Work is performed at The CBE Group's Cedar Falls, Iowa facility.

Recent delivery orders issued under this schedule include a September 2026 private debt collection services order from the Internal Revenue Service (completion September 2031, zero-dollar modification on record) and an $11.4 million firm fixed-price delivery order from the Bureau of the Fiscal Service awarded May 18, 2025 for Private Collection Agency Services Bridge Contract work (completion August 17, 2026). The Bureau of the Fiscal Service also holds a single-award Blanket Purchase Agreement with The CBE Group, Inc. for Private Collection Agency Services with a $60 million ceiling through January 4, 2031, awarded August 18, 2025. A prior BPA with the Bureau of the Fiscal Service, awarded November 18, 2024, was terminated for convenience effective May 16, 2025 following a protest.

The CBE Group operates entirely under the Multiple Award Schedule framework with no set-aside designation, competing in full-and-open competition. Customer concentration centers on the Department of Education Office of Federal Student Aid, Internal Revenue Service, and Bureau of the Fiscal Service.

Task orders

Task order Ordering agency Obligated Awarded
Private debt collection services 2043FY26F00046 Internal Revenue Service $0
Private collection agency (PCA) services - education pilot 2033H626F00085 Bureau of the Fiscal Service $0
Private collection agency (PCA) services 2033H626F00030 Bureau of the Fiscal Service $12,000,000
Private collection agency (PCA) services bridge contract 2033H625F00063 Bureau of the Fiscal Service $11,372,187

IDV awards

IDV Agency Ceiling Awarded
2033H625A00007 Private collection agency (PCA) services Bureau of the Fiscal Service $60,000,000
2033H624A00006 Private collection agency (PCA) services Bureau of the Fiscal Service —

Transactions

Action Obligated Date
Other Administrative Action PS0014 $0
Other Administrative Action PS0013 $0
Other Administrative Action PS0012 $0
Other Administrative Action PSA917 $0
Other Administrative Action PSA915 $0
Other Administrative Action PSA909 $0
Other Administrative Action PSA914 $0
Other Administrative Action PS0011 $0
Other Administrative Action PSA907 $0
Other Administrative Action PSA905 $0
Other Administrative Action PSA904 $0
Other Administrative Action PA0008 $0
Other Administrative Action PSA897 $0
Other Administrative Action PA0007 $0
Other Administrative Action PSA893 $0
Other Administrative Action PA0006 $0
Other Administrative Action PSA888 $0
Other Administrative Action PSA887 $0
Other Administrative Action PA0005 $0
Other Administrative Action PSA885 $0
Other Administrative Action PA0004 $0
Other Administrative Action PSA883 $0
Other Administrative Action PSA815 $0
Other Administrative Action PSA882 $0
Other Administrative Action PA0003 $0
Other Administrative Action PA0002 $0
Other Administrative Action PO0001 $0
Original award $0
Show all 28

Quick answers

Who was awarded contract 47QRAA24D0062?

47QRAA24D0062 was awarded to The CBE Group, Inc. by Federal Acquisition Service (General Services Administration) on March 29, 2024.

How much is contract 47QRAA24D0062 worth?

47QRAA24D0062's own ceiling is $400,000,000.

How many orders have been placed under contract 47QRAA24D0062?

4 orders have been placed under 47QRAA24D0062, the latest on September 23, 2026.

Who can order from contract 47QRAA24D0062?

47QRAA24D0062 is a multiple award federal supply schedule. All agencies can place orders on it.

Is contract 47QRAA24D0062 part of a contract vehicle?

Yes. 47QRAA24D0062 is part of Multiple Award Schedule (MAS).

Was contract 47QRAA24D0062 competed?

The extent of competition for 47QRAA24D0062 was full and open competition.

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