Redress services IDIQ - rust
Active Awarded Last action
- Contract number
- 9531CB22D0006
- Awardee
-
Rust Consulting, Inc. UEI ST2LSCEYCB97
- Awarding agency
-
Consumer Financial Protection Bureau
- Task orders
- 25 $9,546,124 obligated
Award facts
- Opportunity
-
- 3rd Party Redress Services Solicitation · 9531CB22R0004 · Posted Apr 21, 2022
- Combined order value
- $9,546,124 Current and potential, with all options
- Last date to order 82% complete
- IDV ceiling 19% used
- $50,000,000.00
- Maximum order
- $25,000,000.00
- 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 a multiple-award Indefinite Delivery Contract to Rust Consulting, Inc., with a $50 million ceiling and period of performance extending through September 20, 2027, on September 21, 2022, to provide third-party redress administration services for federal consumer financial protection enforcement actions.
Place of performance is Minneapolis, Minnesota, with subordinate work performed at customer-directed enforcement matter locations as required.
The originating solicitation sought contractor services to manage and distribute redress funds and civil money penalties to consumers harmed in CFPB enforcement cases. The CFPB established multiple IDIQ vehicles under which task orders would be competed for specific cases. Procured services 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.
The contract carries a base period of one year plus four optional one-year renewal periods. Rust Consulting competes in full and open competition without set-aside designation.
Recent delivery orders issued under this IDIQ include the Synapse Matter ($3.04 million, awarded August 11, 2026, completing August 16, 2028), the Navient redress matter ($665.8 thousand, awarded July 22, 2025, completing July 24, 2027), the Sutherland Matter ($1.04 million, awarded October 29, 2024, completing February 28, 2027), the CLIMB credit matter ($481.6 thousand, awarded September 30, 2025, completing September 29, 2029), the Integrity Advance matter ($435.5 thousand, awarded July 16, 2026, completing July 16, 2028), the FIP Redress task order ($598.4 thousand, awarded May 1, 2024, completing May 5, 2028), and the USASF Redress matter ($229.1 thousand, awarded August 19, 2026, completing August 18, 2028). All delivery orders carry firm fixed-price pricing. A task order for the Western Benefits Group matter ($95.2 thousand) was modified on August 6, 2025, to update contracting officer representatives and extends through August 5, 2028.
Task orders
Show all 25
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 9531CB22D0006?
9531CB22D0006 was awarded to Rust Consulting, Inc. by Consumer Financial Protection Bureau on September 21, 2022.
How much is contract 9531CB22D0006 worth?
Orders under 9531CB22D0006 have obligated $9,546,124. 9531CB22D0006's own ceiling is $50,000,000. A single order can be worth up to $25,000,000.
How many orders have been placed under contract 9531CB22D0006?
25 orders have been placed under 9531CB22D0006, the latest on August 19, 2026.
Who can order from contract 9531CB22D0006?
9531CB22D0006 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Is contract 9531CB22D0006 part of a contract vehicle?
Yes. 9531CB22D0006 is part of CFPB 3rd Party Redress Services.
Was contract 9531CB22D0006 competed?
The extent of competition for 9531CB22D0006 was full and open competition. The government received 6 offers.
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