EDFSA14D0015-0002
Delivery Order
Overview
Government Description
"CRITICAL FUNCTION" - IGF::CT::IGF
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 PROGRAMS.
Alternate Description
Private Debt Collections
Awarding / Funding Agency
Place of Performance
Greenwood Village, CO 80111 United States
Pricing
Fixed Price
Set Aside
Small Business Set Aside - Total (SBA)
Extent Competed
Full And Open Competition After Exclusion Of Sources
Related Opportunity
None
Analysis Notes
Amendment Since initial award the Potential Award value has increased 386% from $21,438,333 to $104,190,900.
Professional Bureau Of Collections Of Maryland was awarded
Delivery Order 0002 0002
worth up to $104,190,900
by the Office of Federal Student Aid
in July 2016.
The contract
has a duration of 8 years 2 months and
was awarded
with a Small Business Total set aside
with
NAICS 561440 and
PSC R705
via subject to multiple award fair opportunity acquisition procedures with 22 bids received.
This contract was awarded through vehicle Defaulted Student Loan Collection Services.
Status
(Complete)
Last Modified 12/7/21
Period of Performance
7/29/16
Start Date
9/30/24
Current End Date
9/30/24
Potential End Date
Obligations
$104.2M
Total Obligated
$104.2M
Current Award
$104.2M
Potential Award
Award Hierarchy
Indefinite Delivery Contract
Delivery Order
EDFSA14D0015-0002
Subcontracts
Activity Timeline
Labor Services Billing
Annual labor billing rates and FTE reported for EDFSA14D0015-0002
| Year | Services Invoiced | Hours | FTE | Blended Rate |
|---|---|---|---|---|
| 2019 | $25,756,968 | 728,000.0 | 350.0 | $35.38 |
| 2021 | $21,345,468 | 225,350.0 | 108.3 | $94.72 |
Subcontract Awards
Disclosed subcontracts for EDFSA14D0015-0002
Transaction History
Modifications to EDFSA14D0015-0002
People
Suggested agency contacts for EDFSA14D0015-0002
Competition
Number of Bidders
22
Solicitation Procedures
Subject To Multiple Award Fair Opportunity
Evaluated Preference
None
Performance Based Acquisition
Yes
Commercial Item Acquisition
Commercial Item
Simplified Procedures for Commercial Items
No
Other Categorizations
Subcontracting Plan
Not Required
Cost Accounting Standards
Exempt
Business Size Determination
Small Business
Awardee UEI
GUFPTDCENBT4
Awardee CAGE
3Q7Z7
Agency Detail
Awarding Office
910031 FSA ACQUISITIONS OFFICE
Funding Office
910055
Created By
mark.benson@ed.gov
Last Modified By
mark.benson@ed.gov
Approved By
mark.benson@ed.gov
Legislative
Legislative Mandates
Labor Standards
Performance District
CO-06
Senators
Michael Bennet
John Hickenlooper
John Hickenlooper
Representative
Jason Crow
Budget Funding
| Federal Account | Budget Subfunction | Object Class | Total | Percentage |
|---|---|---|---|---|
| Guaranteed Student Loans, Liquidating Account, Education (091-0230) | Higher education | Other services from non-Federal sources (25.2) | $121,371 | 100% |
Modified: 12/7/21