Contract EDFSA09O0011
Fms Investment Corp · Department Of Education · April 7, 2009
Fms Investment Corp was awarded a federal contract by Department Of Education on April 7, 2009 for $232.55 million of work in miscellaneous financial investment activities. Performance is in Bethesda, MD. This is a task or delivery order issued under parent IDIQ GS23F0063J. It was awarded under full and open competition. The contract has been modified 75 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on May 7, 2020.
Contract details
- PIID
- EDFSA09O0011
- Parent IDIQ
- GS23F0063J
- Award type
- Delivery Order
- Pricing
- Fixed Price Incentive
- Set-aside
- No Set Aside Used.
- Competition
- Competitive Delivery Order
- NAICS
- 523999 · Miscellaneous Financial Investment Activities
- Product / service
- Support- Management: Debt Collection
- Place of performance
- Bethesda, MD
- First action
- April 7, 2009
- Latest action
- May 7, 2020
Description
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 PROGRAM. TH
Modification timeline
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May 7, 2020Mod P00076PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MADE UNDER THE VARIO$0
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January 11, 2018Mod P00075PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MADE UNDER THE VARIO$0
-
May 17, 2016Mod 74CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA$-11.78M
-
April 23, 2015Mod 12THE PURPOSE OF THIS MODIFICATION IS TO ADD THE FOLLOWING FAR CLAUSES AS WELL AS CHANGE THE CONTRACT ADMINISTRATOR A- FAR CLAUSE 52.209-8.; AND B- FAR CLAUSE 52.$0
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April 21, 2015Mod 72DEOBLIGATE FUNDS$-16.74M
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April 21, 2015Mod 73CRITICAL FUNCTIONS - THIS REQUIREMENT IS FOR DEFAULT COLLECTION SERVICES. THE PURPOSE OF THIS MODIFICATION IS TO ADD INCREMENTAL FUNDING.$27.90M
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April 1, 2015Mod 70DEOBLIGATE FUNDS$-7.26M
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April 1, 2015Mod 69DEOBLIGATE FUNDS$-309.6K
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March 27, 2015Mod 68DEOBLIGATE FUNDS$-1.27M
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March 27, 2015Mod 67EXERCISE OPTION FROM OCTOBER 21, 2014 TO APRIL 21, 2015$0
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Top contractors in NAICS 523999
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | Pioneer Credit Recovery, Inc | 15 | $746.64M |
| 2 | Account Control Technology Inc. | 4 | $588.79M |
| 3 | Fms Investment Corp | 5 | $550.99M |
| 4 | Gc Services Limited Partnership | 4 | $543.17M |
| 5 | Performant Recovery, Inc. | 10 | $487.88M |
| 6 | Allied Interstate Llc | 234 | $386.39M |
| 7 | Van Ru Credit Corporation | 3 | $365.39M |
| 8 | Alltran Education, Inc. | 3 | $330.66M |
| 9 | Progressive Financial Services, Inc. | 4 | $289.75M |
| 10 | Financial Asset Management Systems, Inc. | 3 | $271.54M |
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Frequently asked questions
What is contract EDFSA09O0011?
Contract EDFSA09O0011 is a federal contract awarded to Fms Investment Corp by Department Of Education on April 7, 2009 for $232.55 million of work classified under MISCELLANEOUS FINANCIAL INVESTMENT ACTIVITIES. It has been modified 75 times since the base award.
Who won contract EDFSA09O0011?
Fms Investment Corp won contract EDFSA09O0011 from Department Of Education.
How much is contract EDFSA09O0011 worth?
Contract EDFSA09O0011 has obligated $232.55 million to date, with a total potential value of $232.55 million if all options are exercised.