NAICS 561440: Collection Agencies
This industry comprises establishments primarily engaged in collecting payments for claims and remitting payments collected to their clients. Illustrative Examples: Account or delinquent account collection services Tax collection services on a contract or fee basis Bill or debt collection services Cross-References. Establishments primarily engaged in--Show more
NAICS 561440 – Collection Agencies encompasses firms that provide debt collection services on behalf of government entities, including the recovery of delinquent accounts such as overpayments, fines, penalties, student loans, and unpaid fees owed to federal, state, or local agencies. These contractors operate under strict regulatory frameworks, including the Fair Debt Collection Practices Act and federal financial compliance standards, often leveraging automated systems, data analytics, and compliance-driven workflows to ensure lawful and ethical recovery processes.
Industry Spending Overview
Federal obligations, top contractors and agencies, and related industry codes for NAICS 561440.
AI Industry Description
NAICS 561440 – Collection Agencies encompasses firms that provide debt collection services on behalf of government entities, including the recovery of delinquent accounts such as overpayments, fines, penalties, student loans, and unpaid fees owed to federal, state, or local agencies. These contracto...
NAICS 561440 – Collection Agencies encompasses firms that provide debt collection services on behalf of government entities, including the recovery of delinquent accounts such as overpayments, fines, penalties, student loans, and unpaid fees owed to federal, state, or local agencies. These contractors operate under strict regulatory frameworks, including the Fair Debt Collection Practices Act and federal financial compliance standards, often leveraging automated systems, data analytics, and compliance-driven workflows to ensure lawful and ethical recovery processes. In the government contracting landscape, this NAICS supports mission-critical financial integrity functions, enabling agencies to recapture public funds while maintaining legal and procedural adherence. No contractor data is available to identify top performers in this sector, suggesting a fragmented competitive environment with potential participation from small businesses, specialized collection firms, and regional providers rather than large prime contractors. The absence of dominant players indicates opportunities for niche entrants with proven compliance capabilities and scalable collection technologies. No agency data is available to identify primary buyers, though demand is typically driven by departments managing financial receivables, such as the Department of Health and Human Services, Department of Education, Treasury, and Veterans Affairs, as well as agencies overseeing regulatory fines or program overpayments. Spending is often tied to audit findings, program integrity initiatives, and fiscal accountability mandates. The market context reflects low concentration and high regulatory complexity, making compliance expertise and audit readiness more valuable than scale. Opportunities exist for contractors with robust data integration, secure communication platforms, and experience navigating federal financial systems. Procurement trends suggest growing emphasis on automation, fraud detection, and ethical collection protocols, favoring firms that can demonstrate transparent, defensible processes aligned with federal financial stewardship standards.
Small Business Size Standard
The SBA threshold that decides who can bid NAICS 561440 work as a small business.
The SBA cap for this NAICS (13 CFR 121.201). A business at or under it can self-certify as small for work in this code, which is what makes it eligible for a small-business set-aside. The cap is set per NAICS, so the same company can be small in one code and not in another.
13 CFR 121.201, effective January 1, 2026. The SBA revises the table roughly once a year.
Top Contractors
Companies with the highest total award value under NAICS 561440, ranked by dollars won.
| Company | Total Awards | Contracts |
|---|---|---|
| COAST PROFESSIONAL, INC. | $12.3M | 3 |
| PIONEER CREDIT RECOVERY, INC | $12.0M | 2 |
| CONTINENTAL SERVICE GROUP, LLC | $12.0M | 2 |
| TRANSWORLD SYSTEMS INC. | $12.0M | 2 |
| THE CBE GROUP, INC. | $12.0M | 2 |
| GLOBAL RECOVERY GROUP, LLC | $5.7M | 1 |
| F.H. CANN & ASSOCIATES, INC. | $695K | 2 |
| NATIONAL RECOVERY SOLUTIONS GROUP, LLC | $600K | 1 |
| HS FINANCIAL GROUP, LLC | $600K | 1 |
| BRSI, LP | $600K | 2 |
Top Agencies
Federal agencies directing the most contract spending toward NAICS 561440.
Competition
How many companies historically bid on federal awards in NAICS 561440, from bidder counts reported on USAspending.
Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 739 reported awards
Median Bidders
1
Per reported award, all-time
Single-Bid Awards
51%
Share of reported awards with one bidder
10+ Bidder Awards
13%
Share of reported awards with 10+ bidders
Reported Awards
739
81% of 909 total awards
Share of reported awards in each bidder-count bracket per federal fiscal year.
How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.
| Industry Family | Competition | Median Bidders | Single-Bid | Bidder Mix | Reported Awards |
|---|---|---|---|---|---|
561440This Code Collection Agencies | Usually Single-Bid | 1 | 51% | 73981% of 909 | |
56144NAICS Industry | Usually Single-Bid | 1 | 51% | 73981% of 909 | |
5614Industry Group Business Support Services | Usually Single-Bid | 1 | 57% | 106,43386% of 123,883 | |
561Subsector | Fewer Bidders | 2 | 48% | 847,72079% of 1,066,351 | |
56Sector Administrative and Support and Waste Management and Remediation Services | Fewer Bidders | 2 | 45% | 1,121,39177% of 1,461,546 |
Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.
Related NAICS Codes
Industries similar to Collection Agencies, by shared sector, subsector, and industry group.
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