PSC R705: Debt Collection Services
Service code
Code facts
- Spend category
- Professional Services Legal Services
- Part of
-
-
R
- R7
-
R
- Contract awards
- 14 In the last 12 months
- Contract obligations
- $52,654,760 In FY2025
PSC codes and definitions come from the GSA PSC Manual and contract spending from SAM.gov/FPDS.
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $116,769,862 |
| FY2025 | $52,654,760 |
| FY2024 | $7,207,228 |
| FY2023 | $1,535,260 |
Top contractors by obligations
| Rank | Contractor | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Transworld Systems Inc. | $21,367,999 | |
| 2 | National Credit Services, Inc. | $19,517,444 | |
| 3 | Pioneer Credit Recovery, Inc. | $15,851,243 | |
| 4 | Coast Professional, Inc. | $15,239,621 | |
| 5 | Continental Service Group, LLC | $13,583,400 | |
| 6 | The CBE Group, Inc. | $10,872,187 | |
| 7 | National Recoveries Inc. | $9,500,000 | |
| 8 | Bass & Associates A Professional Corp | $7,150,000 | |
| 9 | Fedsync BEI LLC | $1,994,308 | |
| 10 | F.h. Cann & Associates, Inc. | $953,709 |
Top funding agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of the Treasury | $75,799,068 | |
| 2 | Department of Education | $36,167,444 | |
| 3 | Department of Health and Human Services | $2,164,579 | |
| 4 | Department of Homeland Security | $2,037,598 | |
| 5 | Defense Health Agency | $600,000 | |
| 6 | Department of the Army | $1,172 |
Top NAICS codes by obligations
| Rank | NAICS code | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | 561440 Collection Agencies | $114,993,240 | |
| 2 | 541219 Other Accounting Services | $1,994,308 | |
| 3 | 518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | $4,139 | |
| 4 | 561210 Facilities Support Services | $1,172 |
Contract obligations by state
| Rank | Place of performance | Obligated, last 12 months | Share |
|---|---|---|---|
| 1 | New York | $46,367,457 | |
| 2 | Pennsylvania | $21,590,621 | |
| 3 | Washington | $19,517,444 | |
| 4 | Iowa | $12,019,876 | |
| 5 | Minnesota | $9,500,000 | |
| 6 | Arizona | $7,150,000 | |
| 7 | Maryland | $2,029,942 | |
| 8 | Massachusetts | $695,454 | |
| 9 | Virginia | $600,000 | |
| 10 | Oregon | $135,014 | |
| 11 | California | $4,139 | |
| 12 | Texas | $1,172 |
Show all 12
Shares are of everything obligated under PSC R705 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.
Contract opportunities
Show all 32
Quick answers
What is PSC R705?
PSC R705 is Debt Collection Services, a service code in PSC R, Support Services (Professional, Administrative, Management).
How much do federal agencies spend under PSC R705?
Federal contracts under PSC R705 obligated $52,654,760 in fiscal year 2025 and $178,167,110 in fiscal years 2023 through 2027.
Who are the largest contractors under PSC R705?
The contractors with the most obligated under PSC R705 in fiscal years 2026 and 2027 are Transworld Systems Inc. ($21,367,999); National Credit Services, Inc. ($19,517,444); and Pioneer Credit Recovery, Inc. ($15,851,243).
Which agencies buy the most under PSC R705?
The agencies that obligated the most under PSC R705 in fiscal years 2026 and 2027 are Department of the Treasury ($75,799,068), Department of Education ($36,167,444) and Department of Health and Human Services ($2,164,579).
Which NAICS codes are used with PSC R705?
The NAICS codes with the most obligated under PSC R705 in fiscal years 2026 and 2027 are 561440 Collection Agencies; 541219 Other Accounting Services; and 518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services.
Where is the work under PSC R705 performed?
By place of performance, the states with the most contract obligations under PSC R705 over the last 12 months are New York ($46,367,457), Pennsylvania ($21,590,621) and Washington ($19,517,444).
What is the latest contract opportunity under PSC R705?
The latest contract opportunity under PSC R705 is Default Resolution Agent Services Education Debt, pre-solicitation from Bureau of the Fiscal Service, posted March 20, 2026.
On GovTribe
See everything under PSC R705
- Federal contract opportunities, awards and IDVs under this code
- Funding analysis by contractor, agency and set-aside
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