The provided information describes a Federal Supply Schedule contract awarded by the U.S. federal government to a prime contractor. The contract, identified as GS23F0189P, is for the provision of debt collection services and servicing of defaulted loans. This may include borrower negotiations, restructuring, and workout agreements. The contract is a multiple award Federal Supply Schedule, with an ultimate completion date of October 21, 2004 and an award date of March 22, 2004. The contract has a...
The federal contract IDV in question is a Blanket Purchase Agreement awarded by the Bureau of the Fiscal Service, a civilian agency within the U.S. Department of the Treasury, to Coast Professional, Inc., a for-profit Subchapter S corporation specializing in debt collection services. The contract, valued at a ceiling of $60,000,000, authorizes Coast Professional to provide a range of financial services nationwide, including commercial and consumer tax debt collection, portfolio management for...
The federal contract IDV is for a single-award, indefinite delivery/indefinite quantity (ID/IQ) contract for loan servicing of the Perkins Loan portfolio, awarded by the U.S. Department of Education's Office of Federal Student Aid to Goldschmitt-Cri-2, LLC, a service-disabled veteran-owned small disadvantaged business. The contract has a 1-year base period and eight 1-year option periods, with an anticipated award date in late November of fiscal year 2025, and a total ceiling value of...
This Indefinite Delivery Contract (IDC) award, valued at $16 billion, was issued by the U.S. Department of Education's Office of Federal Student Aid to Central Research Inc., a for-profit Subchapter S Corporation. The contract, titled the Unified Servicing and Data Solution (USDS), aims to modernize the agency's legacy student loan servicing systems onto a single portal at StudentAid.gov. Under this IDC, the Department of Education has issued multiple task orders to Central Research Inc. as...
This multiple award Federal Supply Schedule contract with GC Services LP was awarded by the General Services Administration (GSA) under the Professional Services Schedule (PSS). The contract has a ceiling value of $483,226,960 and an ultimate completion date of May 25, 2020. Under this contract, the vendor provides private collection agency services to the Department of Education, Office of Federal Student Aid, to perform collection and administrative resolution activities on debts resulting...
This contract is a Federal Supply Schedule (FSS) contract awarded by the U.S. General Services Administration (GSA) Federal Acquisition Service to GC Services LP, a for-profit organization. The contract was awarded on May 28, 2020 and runs through May 27, 2025. The contract covers a range of debt collection, call center, and customer service solutions. Specific services include regular collections with a 17.5% fee, administrative wage garnishment at 14%, consolidation at 6.5%, and rehabilitation...
The Federal Supply Schedule contract GS23F0235K was awarded by the General Services Administration (GSA) to Account Control Technology Inc. as a multiple award contract under the Professional Services Schedule (PSS). The contract has a total ceiling value of $585,600,000 and an ultimate completion date of May 8, 2020. The primary purpose of this contract is to provide debt collection and administrative resolution services related to defaulted federal student loans made under various Department...
This indefinite delivery contract was awarded by the U.S. Department of Education's Office of Federal Student Aid to Great Lakes Educational Loan Services, Inc., a for-profit organization, to provide services related to the federal direct student loan program. The contract has a ceiling value of $1,246,933,988.05 and a period of performance through July 10, 2023. Under this IDV, Great Lakes Educational Loan Services, Inc. has received multiple delivery orders to provide a range of specialized...
The Indefinite Delivery Contract (IDC) with award ID 91003120D0005 is a $1.7 billion multiple award NextGen Enhanced Processing Solution IDIQ issued by the U.S. Department of Education's Office of Federal Student Aid (FSA), a civilian agency. This IDC provides contact center support and back-office processing services across the full student loan lifecycle. The IDC has resulted in multiple task orders awarded to the prime contractor, Maximus Federal Services, Inc., a subsidiary of Maximus Inc....
The key products and services being delivered under this federal contract IDV award from the General Services Administration (GSA) Federal Acquisition Service to Van RU Credit Corporation are private debt collection and administrative resolution activities on debts resulting from non-payment of federal student loans. The contract is a Multiple Award Federal Supply Schedule (FSS) under the Professional Services Schedule (PSS), with a total ceiling value of $880,500,000. Two task orders have...