Private collection agency performs collection and administrative resolution activities on debts resulting from non-payment of student loans made under the various federal student aid loan programs.

Ended Awarded Dec 9, 2016 Last action Aug 24, 2020

Award facts

Opportunity: EDFSA16R0009 Solicitation number

Termination For Convenience, Debt Collection Awards Award Notice · Posted Jan 11, 2018

Debt Collection Services Award Award Notice · Posted Dec 11, 2015
Last date to order 100% complete: Dec 8, 2021
IDV ceiling: $417,100,002.00
Maximum order: $417,100,002.00
Award type: Multiple award
Who can order: Only the awarding agency
NAICS code: 561440 Collection Agencies
PSC: R705 Support- Management: Debt Collection
Set-aside: No set-aside
Competition: Full and Open Competition · 48 offers Negotiated Proposal / Quote
Pricing: Fixed Price with Economic Price Adjustment
Legislative mandates: Service Contract Act FAR subpart 22.10

Service Contract Inventory FAR subpart 4.17

Award details come from SAM.gov/FPDS.

Action	Obligated	Date
Close Out P00001	$0	Aug 24, 2020
Original award	$0	Dec 9, 2016

EDFSA17D0008 was awarded to FMS Investment Corp by Office of Federal Student Aid (Department of Education) on December 9, 2016.

EDFSA17D0008's own ceiling is $417,100,002. A single order can be worth up to $417,100,002.

EDFSA17D0008 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.

Yes. EDFSA17D0008 is part of Debt Collection Services.

The extent of competition for EDFSA17D0008 was full and open competition. The government received 48 offers.

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