GovChime
AWARDDELIVERY ORDEROther than small business

Delivery order EDFSA09O0014TRANSWORLD SYSTEMS INC.

Overview

Award facts

Net obligations
$230.13M
$230,130,676of $231.21M potential value
Outlays (paid to date)
-$11.92K
-$11.92K paid of $230.13M obligated-$11,923
Period of performance
Jul 1, 2009 to Apr 21, 2015
Ended
Modifications
87
Latest action Apr 14, 2020
Contract type
Delivery order
PIID EDFSA09O0014

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

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 Apr 7, 2009
Potential end of performance
Apr 20, 2015
Current value
$231,206,192Base and exercised options
Potential value (if all options are exercised)
$231,206,192
Parent contract vehicle
GS23F0240K (FSS, multiple award) — 8 orders recorded under it

Obligations by fiscal year of action

  • FY2020: -$4,183,451 (de-obligation)
  • FY2017: $13,734,398
  • FY2016: $24,675,409
  • FY2015: $29,430,743
  • FY2014: $50,382,000
  • FY2013: $47,357,850
  • FY2012: $30,396,468
  • FY2011: $23,743,080
Show all 10 years
  • FY2010: $14,594,178
  • FY2009: $1

Total across 10 fiscal years: $230,130,676

Net de-obligation in that fiscal year (obligations withdrawn).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 Apr 14, 2020. View on USAspending · Recipient on SAM.gov

Recipient

NameTRANSWORLD SYSTEMS INC.
LocationFORT WASHINGTON, PA
UEIG5U7RMFCTM75
CAGE code1LJW6
Business sizeOther than small businessSize at award, per the contracting officer
Organization typeCorporate not tax exempt
Parent companyPLATINUM EQUITY, LLC

Business types and certifications

For-profit organizationCorporation (not tax-exempt)

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by
  1. Department of Education
  2. FSA ACQUISITIONS OFFICE
Funded by
  1. Department of Education
  2. 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
Fort Washington, Montgomery County, Pennsylvania 19034-2707
Congressional district (place of performance)
PA-04As reported at the time of the action

Classification and competition

Classification

NAICS
523999MISCELLANEOUS FINANCIAL INVESTMENT ACTIVITIES
Product or service (PSC)
R705SUPPORT- MANAGEMENT: DEBT COLLECTION (service)

Competition

Extent competed
Competitive delivery orderCDO
Solicitation procedures
Negotiated proposal/quoteNP
Set-aside
No set-aside used
Contract pricing
Fixed price incentiveL
Offers received
26

Contract details

Cost Accounting Standards clause
Not applicable exempt from CASX
Commercial procedures
Commercial item procedures not usedD
Government-furnished property
Transaction uses GFE/GFPY
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
Apr 7, 2009Base obligation at award: $1
Latest action
Apr 14, 2020 — Other administrative actionModification P00088; obligation change -$4,183,451; administrative: no change in scope or value
Latest substantive action
Oct 22, 2014 — Option exercisedModification 58
Latest funding action
Jul 19, 2017 — Funding onlyModification 87; obligation change -$1,065,602; funding only: changes obligations, not scope
Actions by type
  • Base award1
  • Funding only50
  • Other administrative action33
  • Option exercised4
88 actions recorded, Apr 7, 2009 to Apr 14, 2020; each action counted once.

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
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
-$4,183,451
Latest action: change in base and all options
-$4,183,451

Socio-economic and policy

EPA-designated product
Not requiredE
Clinger-Cohen Act planning (IT)
No

Place and origin

Domestic or foreign entity
U.S. owned businessA
Place of manufacture
Not a manufactured end productC

Structure

Award or IDV
Award
Award type
Delivery orderC
Parent vehicle type
FSSC
Parent vehicle: multiple or single award
Multiple awardM
Parent vehicle agency
Federal Acquisition Service4730
Awarding agency code
9100
Awarding sub-tier code
9100
Contracting office code
910031
Transactions recorded under this award key
88

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