What was the dollar value of contract EDFSA09O0018?

The total obligated amount for contract EDFSA09O0018 is $235,779,605.

When was contract EDFSA09O0018 awarded?

Contract EDFSA09O0018 was first awarded on April 7, 2009.

What NAICS code does contract EDFSA09O0018 fall under?

Contract EDFSA09O0018 is classified under NAICS code 523999.

What agency awarded contract EDFSA09O0018?

Contract EDFSA09O0018 was awarded by Department Of Education.

Contract EDFSA09O0018

Name: Contract EDFSA09O0018 — federal award record
Creator: BesaGov
License: https://www.usa.gov/government-works

Van Ru Credit Corporation · Department Of Education · April 7, 2009

Fixed Price IncentiveNAICS 523999IDIQ Task Order

Van Ru Credit Corporation was awarded a federal contract by Department Of Education on April 7, 2009 for $235.78 million of work in miscellaneous financial investment activities. Performance is in Chicago, IL. This is a task or delivery order issued under parent IDIQ GS23F0204K. It was awarded under full and open competition. The contract has been modified 85 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 17, 2020.

Obligated to date

$235.78M

$235,779,605

Current value

$249.41M

Modifications

Latest April 17, 2020

Contract details

PIID: EDFSA09O0018
Parent IDIQ: GS23F0204K
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: Chicago, IL
First action: April 7, 2009
Latest action: April 17, 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

April 17, 2020

Mod P00086
PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MADE UNDER THE VARIO

$0
August 21, 2018

Mod P00085
CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA

$-1.23M
June 13, 2017

Mod 84
PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MADE UNDER THE VARIO

$-899.5K
November 14, 2016

Mod 83
CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA

$9.80M
September 24, 2016

Mod 82
CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA

$784.0K

August 17, 2016

Mod 81
CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA

$2.44M
July 14, 2016

Mod 80
CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTIONS AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS M

$1.00M
June 23, 2016

Mod 79
"CRITICAL FUNCTION" PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS

$4.50M
June 23, 2016

Mod 77
CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA

$-682.4K
May 22, 2016

Mod 78
CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA

$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 EDFSA09O0018?

Contract EDFSA09O0018 is a federal contract awarded to Van Ru Credit Corporation by Department Of Education on April 7, 2009 for $235.78 million of work classified under MISCELLANEOUS FINANCIAL INVESTMENT ACTIVITIES. It has been modified 85 times since the base award.

Who won contract EDFSA09O0018?

Van Ru Credit Corporation won contract EDFSA09O0018 from Department Of Education.

How much is contract EDFSA09O0018 worth?

Contract EDFSA09O0018 has obligated $235.78 million to date, with a total potential value of $249.41 million if all options are exercised.