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Contract EDFSA09O0025

National Recoveries Inc · Department Of Education · April 7, 2009

Fixed Price IncentiveNAICS 522310IDIQ Task Order

National Recoveries Inc was awarded a federal contract by Department Of Education on April 7, 2009 for $98.99 million of work in mortgage and nonmortgage loan brokers. Performance is in Andover, MN. This is a task or delivery order issued under parent IDIQ GS23F0013U. It was awarded under full and open competition. The contract has been modified 77 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 14, 2020.

Obligated to date
$98.99M
$98,987,193
Current value
$99.94M
Modifications
77
Latest April 14, 2020

Contract details

PIID
EDFSA09O0025
Parent IDIQ
GS23F0013U
Award type
Delivery Order
Pricing
Fixed Price Incentive
Set-aside
No Set Aside Used.
Competition
Competitive Delivery Order
NAICS
522310 · Mortgage And Nonmortgage Loan Brokers
Product / service
Support- Management: Debt Collection
Place of performance
Andover, MN
First action
April 7, 2009
Latest action
April 14, 2020

Description

THE PURPOSE OF THIS MODIFICATION IS TO CLOSEOUT THIS CONTRACT. PHYSICAL COMPLETION HAS BEEN VERIFIED, FINAL PAYMENT HAS BEEN MADE, AND ALL OTHER REQUIREMENTS HAVE BEEN SATISFIED BY BOTH PARTIES. THI

Modification timeline

  • April 14, 2020
    Mod P00078
    THE PURPOSE OF THIS MODIFICATION IS TO CLOSEOUT THIS CONTRACT. PHYSICAL COMPLETION HAS BEEN VERIFIED, FINAL PAYMENT HAS BEEN MADE, AND ALL OTHER REQUIREMENTS H
    $0
  • July 27, 2017
    Mod 77
    CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA
    $-1.02M
  • May 17, 2016
    Mod 76
    "CRITICAL FUNCTION" PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS
    $-696.1K
  • November 2, 2015
    Mod 75
    CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA
    $2.25M
  • September 16, 2015
    Mod 74
    "CRITICAL FUNCTION" PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS
    $5.74M
  • September 8, 2015
    Mod 73
    "CRITICAL FUNCTION" PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS
    $691.1K
  • June 26, 2015
    Mod 72
    CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA
    $3.39M
  • May 29, 2015
    Mod 71
    CRITICAL FUNCTION PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MA
    $0
  • April 20, 2015
    Mod 69
    DEOBLIGATE FUNDS
    $-3.10M
  • April 20, 2015
    Mod 70
    CRITICAL FUNCTIONS - THIS REQUIREMENT IS FOR DEFAULT COLLECTION SERVICES. THE PURPOSE OF THIS MODIFICATION IS TO ADD INCREMENTAL FUNDING.
    $6.17M
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Frequently asked questions

What is contract EDFSA09O0025?

Contract EDFSA09O0025 is a federal contract awarded to National Recoveries Inc by Department Of Education on April 7, 2009 for $98.99 million of work classified under MORTGAGE AND NONMORTGAGE LOAN BROKERS. It has been modified 77 times since the base award.

Who won contract EDFSA09O0025?

National Recoveries Inc won contract EDFSA09O0025 from Department Of Education.

How much is contract EDFSA09O0025 worth?

Contract EDFSA09O0025 has obligated $98.99 million to date, with a total potential value of $99.94 million if all options are exercised.