Coast Professional, Inc., a for-profit Subchapter S corporation, holds a multiple-award Federal Supply Schedule contract with the Department of the Treasury's Bureau of the Fiscal Service, with a ceiling value of $360 million and a period of performance from July 2023 to July 2028. Under this Indefinite Delivery Vehicle (IDV), Coast Professional provides a range of financial services to federal agencies, including commercial and consumer tax debt collection, portfolio management, and student loan administrative resolutions and consolidations. The contractor has also received significant task orders from the Internal Revenue Service ($69.4 million) and the Bureau of the Fiscal Service ($36.2 million) for debt collection services, demonstrating its capabilities in supporting the financial operations of major government agencies. Additionally, Coast Professional has served as a subcontractor on previous federal contracts, further diversifying its federal contract portfolio.
The contractor's federal supply schedule price list details the debt collection services available, including commercial and consumer tax collection, portfolio management for debts over and under two years, and student loan administrative resolutions and consolidations. Pricing is provided as a percentage of debt collected or flat fees, and the contract is set to expire in January 2028. These services are delivered nationwide, with the exception of Connecticut, and aim to assist federal agencies in managing delinquent financial obligations and recovering monies owed to the government.
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