Indefinite Delivery Contract 9531CB22D0006

Award Date 9/21/22
Last Date to Order 9/20/27
Ultimate Awardee
Not listed
Federal Contract Vehicle
Pricing Type
Order Dependent (IDV only)
Legislative Mandate
Service Contract Inventory
National Interest Action
None
Award Type
Multiple
Primary Consortia Member
Not listed
Similar IDVs
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This Blanket Purchase Agreement (BPA) was awarded by the Federal Trade Commission (FTC) to Rust Consulting, Inc., a for-profit consulting firm specializing in claims administration, litigation support, regulatory compliance, and financial services related to consumer protection programs and enforcement actions. The purpose of this BPA is to provide new contracts to support redress administration, including claims administration and funds distribution, related to the FTC's consumer protection...
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  • 9531CB22D0006
    Indefinite Delivery Contract
  • 15
    Federal Contract Awards

The Consumer Financial Protection Bureau (CFPB) has awarded Rust Consulting, Inc., a for-profit consulting firm, a $50 million multiple-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract to serve as a third-party administrator for redress programs resulting from CFPB enforcement actions across consumer financial products and services. Under this IDIQ, the CFPB has issued numerous firm-fixed-price delivery orders for various consumer redress matters, including services such as victim identification, claims processing, payment distribution, and reporting.

Rust Consulting also holds a single-award Blanket Purchase Agreement (BPA) with the Federal Trade Commission, valued at up to $5 million annually, to support redress administration related to consumer protection. This BPA allows Rust Consulting to provide claims administration and funds distribution services for consumer redress resulting from FTC enforcement actions. These IDVs enable the CFPB and FTC to efficiently administer consumer redress programs over multiple years, leveraging Rust Consulting's expertise in managing complex claims and payment processes.

Generated 9/11/24, 9:06 AM