Federal Supply Schedule GS23F0264K

Ended Awarded Last action

Contract number
GS23F0264K
Awardee
Awarding agency
Task orders
2

Award facts

Opportunity
Last date to order 100% complete
IDV ceiling
$366,126,000.00
Award type
Multiple award
Who can order
All agencies
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

Written by GovTribe AI ·

The Federal Supply Schedule (FSS) contract GS23F0264K was awarded to Financial Asset Management Systems, Inc. (FAMS) by the General Services Administration's (GSA) Federal Acquisition Service. The contract, which falls under the Professional Services Schedule (PSS), is a multiple award vehicle with a ceiling value of $366,126,000 and a period of performance ending in May 2020.

The primary purpose of this contract is to provide private collection agency services to the U.S. Department of Education's Office of Federal Student Aid. Specifically, FAMS performs collection and administrative resolution activities on delinquent student loans made under various federal student aid programs. Two task orders have been issued to date, with a combined ceiling value of $272,260,976.82. The work is performed in Woodstock, GA and Atlanta, GA. This contract does not utilize any set-asides.

Task orders

Task order Ordering agency Obligated Awarded
Private collection agency performs collection and administrative resolution activities on debts resulting from… EDFSA09O0010 Office of Federal Student Aid $168,488,297
Debt collection EDGS23F0264KDOED05DO0105 Office of Federal Student Aid $103,056,584

Transactions

Action Obligated Date
Legal Contract Cancellation PNA650 $0
Other Administrative Action PMA650 $0
Other Administrative Action PM0020 $0
Other Administrative Action PM0019 $0
Other Administrative Action PM0018 $0
Other Administrative Action PM0017 $0
Other Administrative Action PSA594REVTERMCOND $0
Other Administrative Action PSA594ARRA $0
Other Administrative Action CMA541REVTERMCOND $0
Other Administrative Action PSA580REVTERMCOND $0
Other Administrative Action PA0016REASSIGNMENT $0
Other Administrative Action PA0015REASSIGNMENT $0
Other Administrative Action PA0014REASSIGNMENT $0
Vendor Address Change PA0013ADDRESSCHG $0
Other Administrative Action PA0012REASSIGNMENT $0
Other Administrative Action CMA475REVTERMCOND $0
Other Administrative Action PA0011REASSIGNMENT $0
Other Administrative Action CMA473REVTERMCOND $0
Exercise an Option PO0010EXERCISEOPTION $0
Other Administrative Action PA0009REASSIGNMENT $0
Other Administrative Action PA0008REASSIGNMENT $0
Other Administrative Action 6 $0
Other Administrative Action 5 $0
Other Administrative Action 4 $0
Vendor Address Change 3 $0
Other Administrative Action 2 $0
Modification $0
Exercise an Option 1 $0
Show all 28

Quick answers

Who was awarded contract GS23F0264K?

GS23F0264K was awarded to Financial Asset Management Systems, Inc. by Federal Acquisition Service (General Services Administration) on May 18, 2000.

How much is contract GS23F0264K worth?

GS23F0264K's own ceiling is $366,126,000.

How many orders have been placed under contract GS23F0264K?

2 orders have been placed under GS23F0264K, the latest on July 1, 2009.

Who can order from contract GS23F0264K?

GS23F0264K is a multiple award federal supply schedule. All agencies can place orders on it.

Is contract GS23F0264K part of a contract vehicle?

Yes. GS23F0264K is part of The Professional Services Schedule (PSS).

Was contract GS23F0264K competed?

The extent of competition for GS23F0264K was full and open competition.

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