Transworld Systems Inc.

Fort Washington, PA Part of Jpmorgan Chase & CO.

UEI
G5U7RMFCTM75
CAGE
1LJW6
Primary NAICS
561440 Collection Agencies
SAM.gov registration
Active through

Company facts

FY2025 rankings
Self-certified in SAM.gov
  • For Profit Organization
Entity structure
Corporate Entity (Not Tax Exempt)
Corporate family
SAM.gov registration date
Physical address
500 Virginia Dr #514, Fort Washington, PA 19034, USA
Website
tsico.com
Founded
1970
Employees
1K-5K
Estimated annual revenue
$500M-$1B
Industry
  1. Financials
  2. Diversified Financial Services
  3. Financial Services
SIC code
73 Business Services
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Contract obligations by fiscal year

Fiscal year Obligated
FY2027 To date $0
FY2026 $21,367,999
FY2025 $8,770,081
FY2024 $6,623,590
FY2023 $6,427,415

Top agencies by obligations

Rank Agency Obligated, FY2026–FY2027 Share
1 Department of the Treasury $21,590,621

Contract vehicles

Expired vehicles (1)

Contract awards

Latest 5 listed here. See the rest on GovTribe.

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About the company

Transworld Systems Inc., a subsidiary of JPMorgan Chase & Co. based in Fort Washington, Pennsylvania, operates as a prime contractor delivering private collection agency services and debt recovery solutions to federal agencies under full-and-open federal procurement. TSI competes on the General Services Administration's Multiple Award Schedule and does not hold SBA set-aside certifications; 100% of its recent federal prime awards carry no set-aside designation.

TSI's federal footprint centers on two distinct capability domains grounded in its service delivery. The dominant line of business is contingency fee-based debt collection and accounts receivable management for the Bureau of the Fiscal Service under the Treasury Department. TSI holds a $60 million single-award BPA with BFS running through January 2031, against which BFS has issued multiple delivery orders: a $12 million BPA call awarded January 5, 2026, for federal receivables recovery (completion January 4, 2027); an $8.7 million delivery order bridge contract awarded May 18, 2025, for collection services (completion August 17, 2026); and an $11.6 million bridge contract awarded February 18, 2024, running through November 17, 2025. The secondary capability line is medical debt collection for the Indian Health Service, demonstrated by a $11,607 delivery order awarded September 15, 2021, for debt collection services at the Rosebud, South Dakota clinical site.

Customer concentration is heavily skewed toward two agencies. The Department of Health and Human Services Indian Health Service accounts for 57 awards with $892 thousand combined potential value across the portfolio — a large order count representing low-dollar transactional work. By contrast, the Bureau of the Fiscal Service holds 6 awards carrying $118.8 million combined potential value, anchored by the $60 million BPA and subordinate task orders. The GSA Federal Acquisition Service and the Department of Education Office of Federal Student Aid each anchor $1.3 billion and $1.07 billion in potential value respectively, driven by large supply-schedule vehicles that dwarf TSI's core debt-collection business in nominal dollar terms but carry minimal recent ordering activity.

TSI's recent award activity remains sparse — two awards each in 2025 and 2026, compared to one award in 2024 and two in 2021 — reflecting the shift from transactional, small-dollar orders to sustained contract management under the BFS BPA. Only $17.2 million in combined potential value reaches ultimate completion within the next twenty-four months (the January 2027 and August 2026 BPA calls), representing a light recompete exposure.

Across SCI-reportable federal service contracts, TSI delivered $3.5 million in FY2022, $4.6 million in FY2023, and $7.5 million in FY2024 across prime records, with workforce scaling from 34.8 FTEs in FY2022 to 38.0 FTEs in FY2024 — modest scale consistent with task-order delivery against the BPA. Government-paid median hourly rates on prime contracts run around $90.15/hr, with senior labor pricing through $102.44/hr, positioning TSI in the low-to-moderate commercial rate band for federal service work. TSI performs collection services with its own staff; across its prime SCI contracts, subcontractor hours represent zero share of total delivery.

Quick answers

Is Transworld Systems Inc. registered in SAM.gov?

Yes. Transworld Systems Inc.'s SAM.gov registration is active through February 25, 2027.

Which contract vehicles does Transworld Systems Inc. hold?

Transworld Systems Inc. holds a place on 3 federal contract vehicles, including MAS and PSS.

How much has Transworld Systems Inc. received in federal contracts?

Federal contracts obligated $8,770,081 to Transworld Systems Inc. in fiscal year 2025 and $43,189,085 in fiscal years 2023 through 2027.

How does Transworld Systems Inc. rank among federal contractors?

Transworld Systems Inc. ranked #24 in NAICS 5614 in FY2025.

What is Transworld Systems Inc.'s most recent federal award?

Transworld Systems Inc.'s most recent federal contract award is Private collection agency (PCA) services - education pilot (2033H626F00089), from Bureau of the Fiscal Service, on June 1, 2026.

On GovTribe

See Transworld Systems Inc.'s full federal record

  • Federal contract awards
  • IDV awards
  • Contract vehicles
  • Funding analysis by agency, NAICS and set-aside
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