Contract EDFSA09O0011

Fms Investment Corp · Department Of Education · April 7, 2009

Fixed Price IncentiveNAICS 523999IDIQ Task Order

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.

Obligated to date
$232.55M
$232,546,674
Current value
$232.55M
Modifications
75
Latest 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

  • May 7, 2020
    Mod P00076
    PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MADE UNDER THE VARIO
    $0
  • January 11, 2018
    Mod P00075
    PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MADE UNDER THE VARIO
    $0
  • May 17, 2016
    Mod 74
    CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA
    $-11.78M
  • April 23, 2015
    Mod 12
    THE 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
  • April 21, 2015
    Mod 72
    DEOBLIGATE FUNDS
    $-16.74M
  • April 21, 2015
    Mod 73
    CRITICAL FUNCTIONS - THIS REQUIREMENT IS FOR DEFAULT COLLECTION SERVICES. THE PURPOSE OF THIS MODIFICATION IS TO ADD INCREMENTAL FUNDING.
    $27.90M
  • April 1, 2015
    Mod 70
    DEOBLIGATE FUNDS
    $-7.26M
  • April 1, 2015
    Mod 69
    DEOBLIGATE FUNDS
    $-309.6K
  • March 27, 2015
    Mod 68
    DEOBLIGATE FUNDS
    $-1.27M
  • March 27, 2015
    Mod 67
    EXERCISE OPTION FROM OCTOBER 21, 2014 TO APRIL 21, 2015
    $0

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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.