Redress services IDIQ - JND
Active Awarded Last action
- Contract number
- 9531CB22D0004
- Awardee
-
JND Holdings LLC UEI HXS1VKUPYVN7
- Awarding agency
-
Consumer Financial Protection Bureau
- Task orders
- 2 $36,576,895 obligated
Award facts
- Opportunity
-
- 3rd Party Redress Services Solicitation · 9531CB22R0004 · Posted Apr 21, 2022
- Combined order value
- $36,576,895 Current and potential, with all options
- Last date to order 82% complete
- IDV ceiling 73% used
- $50,000,000.00
- Maximum order
- $40,000,000.00
- 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
- Order Dependent (IDV only)
- 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 JND Holdings LLC on September 21, 2022, with a $50 million ceiling for redress services administration under a multiple-award IDIQ vehicle.
The contract carries no set-aside designation. Services procured include distribution planning, victim identification and data analysis, claims processing and eligibility determination, call center support, funds distribution and mailing, tax determination assistance, reporting, and general administration to support the management and distribution of redress funds and civil money penalties to harmed consumers in federal enforcement cases. Performance is conducted throughout the United States as work is required on particular redress cases determined by the CFPB.
The IDIQ operates on a one-year base period with four optional one-year renewal periods, with ultimate completion set for September 20, 2027.
Task orders issued under this IDIQ include a $33.16 million delivery order issued July 16, 2024, for the Lexington Law Matter with performance in Seattle, Washington, extending through July 16, 2029, and a $3.42 million delivery order issued March 29, 2024, for the TEMPOE LLC matter with performance in New Hyde Park, New York, extending through March 31, 2029. Both orders are priced firm fixed price.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Lexington law matter IDIQ task order | Consumer Financial Protection Bureau | $33,157,835 | |
| Tempoe LLC 3RD party redress task order | Consumer Financial Protection Bureau | $3,419,059 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Change Order | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 9531CB22D0004?
9531CB22D0004 was awarded to JND Holdings LLC by Consumer Financial Protection Bureau on September 21, 2022.
How much is contract 9531CB22D0004 worth?
Orders under 9531CB22D0004 have obligated $36,576,895. 9531CB22D0004's own ceiling is $50,000,000. A single order can be worth up to $40,000,000.
How many orders have been placed under contract 9531CB22D0004?
2 orders have been placed under 9531CB22D0004, the latest on July 16, 2024.
Who can order from contract 9531CB22D0004?
9531CB22D0004 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Is contract 9531CB22D0004 part of a contract vehicle?
Yes. 9531CB22D0004 is part of CFPB 3rd Party Redress Services.
Was contract 9531CB22D0004 competed?
The extent of competition for 9531CB22D0004 was full and open competition. The government received 6 offers.
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