Federal Supply Schedule GS23F0204K
Ended Awarded Last action
- Contract number
- GS23F0204K
- Awardee
-
Van RU Credit Corporation UEI K5M1HMKVKHK1
- Awarding agency
-
Federal Acquisition Service
General Services Administration
- Task orders
- 2
Award facts
- Opportunity
-
- FCXBF4020002B Solicitation number
- Last date to order 100% complete
- IDV ceiling
- $880,500,000.00
- Award type
- Multiple award
- Who can order
- All agencies
- NAICS code
- 523999 Miscellaneous Financial Investment Activities
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Other statutory authority
Award details come from SAM.gov/FPDS.
About this IDV
The key products and services being delivered under this federal contract IDV award from the General Services Administration (GSA) Federal Acquisition Service to Van RU Credit Corporation are private debt collection and administrative resolution activities on debts resulting from non-payment of federal student loans. The contract is a Multiple Award Federal Supply Schedule (FSS) under the Professional Services Schedule (PSS), with a total ceiling value of $880,500,000. Two task orders have been awarded to date with a combined value of $379,020,857.63. The first task order, valued at $249,408,436.26, was awarded to Van RU Credit Corporation in 2009 to perform collection and resolution services on student loan debts owed to the Department of Education's Office of Federal Student Aid. The second task order, valued at $129,612,421.37, was awarded in 2004 for similar debt collection services. Both task orders were competed without any small business set-asides and utilize fixed price incentive pricing. The place of performance for the task orders is Chicago, IL and Des Plaines, IL.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Private collection agency performs collection and administrative resolution activities on debts resulting from… | Office of Federal Student Aid | $235,779,605 | |
| Debt collection | Office of Federal Student Aid | $129,612,421 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Legal Contract Cancellation | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Vendor Address Change | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
Show all 25
Quick answers
Who was awarded contract GS23F0204K?
GS23F0204K was awarded to Van RU Credit Corporation by Federal Acquisition Service (General Services Administration) on April 18, 2000.
How much is contract GS23F0204K worth?
GS23F0204K's own ceiling is $880,500,000.
How many orders have been placed under contract GS23F0204K?
2 orders have been placed under GS23F0204K, the latest on July 1, 2009.
Who can order from contract GS23F0204K?
GS23F0204K is a multiple award federal supply schedule. All agencies can place orders on it.
Is contract GS23F0204K part of a contract vehicle?
Yes. GS23F0204K is part of The Professional Services Schedule (PSS).
Was contract GS23F0204K competed?
The extent of competition for GS23F0204K was full and open competition.
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