The Consumer Financial Protection Bureau (CFPB) awarded a $30,999,000 Indefinite Delivery Contract (IDC) to Magellan Federal, Inc. (doing business as AFSC) to provide integrating financial coaching into service delivery for transitioning veterans and economically vulnerable consumers. This single-award IDC has an overall completion date of April 14, 2019.
Under the IDC, the CFPB has issued four fixed-price task orders to AFSC, totaling over $36 million. These task orders include providing financial coaching services to transitioning veterans and economically vulnerable consumers, with work performed in Arlington, VA. AFSC, a subsidiary of Magellan Health, Inc., has an extensive history of providing employee assistance, behavioral health, and human resource support services to federal agencies, including the Department of Defense, Department of Health and Human Services, and Federal Emergency Management Agency. The contracted services aim to help improve the financial wellbeing of the target populations through integrated service delivery and counseling.
Generated 9/7/24, 10:34 AM