Redress services IDIQ - epiq
Active Awarded Last action
- Contract number
- 9531CB22D0003
- Awardee
-
Epiq Class Action & Claims Solutions, Inc. UEI MXK3HBJGWLE7 Part of Document Technologies, LLC
- Awarding agency
-
Consumer Financial Protection Bureau
- Task orders
- 7 $4,438,658 obligated
Award facts
- Opportunity
-
- 3rd Party Redress Services Solicitation · 9531CB22R0004 · Posted Apr 21, 2022
- Combined order value
- $4,438,658 Current and potential, with all options
- Last date to order 82% complete
- IDV ceiling 9% used
- $50,000,000.00
- Maximum order
- $2,500,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 6 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The Consumer Financial Protection Bureau awarded an indefinite-delivery contract to Epiq Class Action & Claims Solutions, Inc. on September 21, 2022, with a ceiling of $50 million as a multiple-award vehicle. No set-aside was used.
Work is performed in Beaverton, Oregon and Washington, DC. The IDIQ procures third-party redress administration services including distribution planning, victim identification and data analysis, claims processing and eligibility determination, call center support, funds distribution and mailing, tax determination assistance, and general administration for federal enforcement cases involving civil money penalties and consumer redress funds.
The contract runs through September 20, 2027, comprising a one-year base period with four optional one-year renewal periods. The CFPB solicited multiple awards under this vehicle; Epiq competes against other awardees for task orders.
Recent task-order activity under this IDIQ includes delivery orders for Think Finance ($1.78 million, December 28, 2023), Hydra Group ($1.07 million, March 29, 2024), Brightspeed ($1.04 million, May 5, 2023), Driver Loan Matter ($131,687.50, September 20, 2024), Hello Digit Matter ($34,762.40, January 29, 2025), LendUp ($370,296.90, June 12, 2023), and Main Street Matter ($7,116.70, September 27, 2023). The source identifies seventeen total task orders issued under this IDIQ, ranging from $34,762 to $1.78 million.
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Change Order | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 9531CB22D0003?
9531CB22D0003 was awarded to Epiq Class Action & Claims Solutions, Inc. by Consumer Financial Protection Bureau on September 21, 2022.
How much is contract 9531CB22D0003 worth?
Orders under 9531CB22D0003 have obligated $4,438,658. 9531CB22D0003's own ceiling is $50,000,000. A single order can be worth up to $2,500,000.
How many orders have been placed under contract 9531CB22D0003?
7 orders have been placed under 9531CB22D0003, the latest on January 29, 2025.
Who can order from contract 9531CB22D0003?
9531CB22D0003 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Is contract 9531CB22D0003 part of a contract vehicle?
Yes. 9531CB22D0003 is part of CFPB 3rd Party Redress Services.
Was contract 9531CB22D0003 competed?
The extent of competition for 9531CB22D0003 was full and open competition. The government received 6 offers.
On GovTribe
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