AWARDDELIVERY ORDEROther than small business
Delivery order 0002ACTION FINANCIAL SERVICES, LLC
Overview
Award facts
- Net obligations
- $218.48M
- $218,477,552of $219.19M potential value
- Outlays (paid to date)
- $148.54K
- $148.54K paid of $218.48M obligated$148,540
- Period of performance
- Oct 16, 2015 to Sep 30, 2024
- Ended
- Modifications
- 54
- Latest action Jan 25, 2024
- Contract type
- Delivery order
- PIID 0002
Contract value is the most the government could spend; obligations are what it has legally committed; outlays are what it has actually paid.
Description of requirement
"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.
Dates and value
- Award date
- Signed on Oct 19, 2015
- Potential end of performance
- Sep 29, 2024
- Current value
- $219,193,101Base and exercised options
- Potential value (if all options are exercised)
- $219,193,101
- Parent contract vehicle
- EDFSA14D0010 (IDC, multiple award) — 2 orders recorded under it
Obligations by fiscal year of action
- FY2024: -$2,316,438 (de-obligation)
- FY2022: $1,215,774
- FY2021: $51,215,405
- FY2020: $77,474,936
- FY2019: $43,543,617
- FY2018: $30,113,132
- FY2017: $14,322,225
- FY2016: $2,908,900
Total across 8 fiscal years: $218,477,552
Net de-obligation in that fiscal year (obligations withdrawn).
Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Jan 25, 2024. View on USAspending · Recipient on SAM.gov
Recipient
LocationCENTRAL POINT, OR
UEINA4QXJ5WPSS7
CAGE code6JJV2
Business sizeOther than small businessSize at award, per the contracting officer
Organization typeCorporate not tax exempt
Parent companyACTION FINANCIAL SERVICES, LLC
Business types and certifications
Women-ownedFor-profit organizationLimited liability companyCorporation (not tax-exempt)
Self-reported at the time of the action.
Agency and place
Awarding and funding
- Awarded by
- Department of Education
- FSA ACQUISITIONS OFFICE
- Funded by
- Department of Education
- FEDERAL STUDENT AID
- Funded from
- Student financial assistance debt collection; Contract collection costsProgram activities091-0230, 091-5557Federal accounts (agency financial reports)
Place of performance
- Place of performance
- Central Point, Jackson County, Oregon 97502-3005
- Congressional district (place of performance)
- OR-02As reported at the time of the action
Classification and competition
Classification
- Product or service (PSC)
- R705SUPPORT- MANAGEMENT: DEBT COLLECTION (service)
Competition
- Extent competed
- Full and open competition after exclusion of sourcesD
- Fair opportunity exception
- Fair opportunity givenFAIR
- Solicitation procedures
- Subject to multiple award fair opportunityMAFO
- Set-aside
- Small business set aside - totalSBA
- Contract pricing
- Firm fixed priceJ
- Offers received
- 21
Contract details
- Subcontracting plan
- Plan not requiredB
- Certified cost or pricing data
- No
- Service Contract Act labor standards
- Yes
- Commercial procedures
- Commercial products/servicesA
- Government-furnished property
- Transaction does not use GFE/GFPN
- Bundled requirement
- Not a bundled requirementD
- Consolidated requirement
- No
- Undefinitized action (terms not final)
- No
- Multi-year contract
- No
- Performance-based service acquisition
- Yes - service where PBA is used.Y
Transaction history
Modification history
- Base award
- Oct 19, 2015Base obligation at award: $1,000,000
- Latest action
- Jan 25, 2024 — Funding onlyModification P00053; obligation change -$2,316,438; funding only: changes obligations, not scope
- Latest substantive action
- Aug 30, 2017 — Option exercisedModification 13; obligation change +$780,000
- Latest funding action
- Jan 25, 2024 — Funding onlyModification P00053; obligation change -$2,316,438; funding only: changes obligations, not scope
- Actions by type
- Base award1
- Funding only35
- Other administrative action18
- Option exercised1
All contract data
All contract data
Every other field reported for this award, as of its latest reported action
Competition
- Evaluation preference
- No preference used
- Local area set-aside
- No
- Synopsized publicly (SAM.gov / FedBizOpps)
- Yes
- Simplified procedures for commercial items
- No
- A-76 (FAIR Act) action
- No
Pricing and financing
- Paid by purchase card
- No
- Latest action: change in base and exercised options
- -$2,316,438
- Latest action: change in base and all options
- -$2,316,438
Socio-economic and policy
- Inherently governmental functions
- Critical functionsCT
- Recovered materials and sustainability
- No clauses included and no sustainability includedC
- EPA-designated product
- Not requiredE
- Clinger-Cohen Act planning (IT)
- No
Place and origin
- Domestic or foreign entity
- U.S. owned businessA
- Country of product or service origin
- United statesUSA
- Place of manufacture
- Not a manufactured end productC
Structure
- Award or IDV
- Award
- Award type
- Delivery orderC
- Parent vehicle type
- IDCB
- Parent vehicle: multiple or single award
- Multiple awardM
- Parent vehicle agency
- Department of Education9100
- Awarding agency code
- 9100
- Awarding sub-tier code
- 9100
- Contracting office code
- 910031
- Transactions recorded under this award key
- 55
Funding
- Funding agency code
- 9100
- Funding sub-tier code
- 9100
- Funding office code
- 910055
- Treasury accounts
- 091-X-0230-000
- 091-X-5557-000
- Object classes
- 25.2: Other services from non-Federal sources
- Disaster or emergency funding (DEFC)
- Q: Not Designated Nonemergency/Emergency/Disaster/Wildfire Suppression