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Small Business Opportunities. Gary Hopkins, Director Collections Group. Third-Party Private Collection Services. Defaulted Student Loan Collection Services Task Order Awards Made Through GSA Schedule Contracts (SIN 520-4) Up to 5 Small Business Task Order Awards Are Planned

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small business opportunities

Small Business Opportunities

Gary Hopkins, Director

Collections Group

third party private collection services
Third-Party Private Collection Services
  • Defaulted Student Loan Collection Services
  • Task Order Awards Made Through GSA Schedule Contracts (SIN 520-4)
  • Up to 5 Small Business Task Order Awards Are Planned
  • Contingency Fee Task Orders
performance based contracts
Performance-Based Contracts
  • Accustomed to working in highly competitive environment
  • All Aspects of Performance is Measured
  • Highly Sensitive Debt Type
  • Close Monitoring\Mentoring
portfolio size
Portfolio Size

2.45 Million (Active Accounts) in Default

$16.8 Billion Outstanding

$7,000 Average Balance

monthly transfers totals
Monthly Transfers Totals

Average Transfer 225,000 $1.25 Billion

Small Pool Average 17,000 $ 95 Million

*Account Transfer Totals and Allocations are at the Complete Discretion of the Government!!

agency commissions fees
Agency Commissions & Fees

Targeted Rates

Administrative Fees

Incentive Structure

contract totals
Contract Totals

Top Earning Agencies in FY03

Over $2,250,000 Monthly

(Average - $1.25M Monthly)

Small Agencies

Over $330,000 Monthly

tentative schedule
Tentative Schedule
  • Market Research/Pre-Solicitation Phase
    • July 2003 through May 2004
  • Solicitation Phase
    • May 2004 through July 2004
  • Evaluation/Award Phase
    • July 2004 through October 2004
gsa schedule
GSA Schedule

GSA Financial and Business Solutions - Schedule 520, SIN 520-4

(Bertha Gelhaus, 703-305-7130)

FSA Contracting Officer:

Rich Galloway, 202-377-3611

Websites: www.fs-s.gsa.gov/services/fabs

www.1800IWILLPAY.com/pca