Student and Institutional Loan Collection Services
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
This subcontract for Student and Institutional Loan Collection Services, issued by James Madison University in Virginia, focuses on the recovery of delinquent student accounts and institutional loans for prime contractors on VASCUPP higher education projects. The scope of work includes the collection of Perkins, AR, OAR, Nursing, and Institutional Loans, as well as reporting accounts to national credit bureaus and managing disputes. The service provider must strictly adhere to the FDCPA, the Virginia Debt Collection Act, and the Gramm-Leach-Bliley Act. Key requirements include maintaining valid state collection licenses and providing an annual Attestation Audit Letter. The contractor is responsible for delivering recovered funds and submitting detailed monthly accounting reports. This opportunity is structured as a cooperative agreement that may be utilized by other locations.
General Info
Agency
NAICS
Place of Performance
*Note: Intention for cooperative agreement that may be utilized by other locations, VA, USASet-Aside
Documents
This scope was carved out of FDC-1264.
The full solicitation package (5 documents), including the RFP, is on the prime solicitation, not on this scope.
RFP FDC-1264
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Timeline
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Organization & Contact Information
Full Description
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