Award detail

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.

Review direct federal award facts for Fms Investment CORP, including awarding and funding lanes, performance dates, category codes, and source description, then move into the broader recipient, buyer, and market context quickly.

Award ID: CONT_AWD_91003120P0001_9100_-NONE-_-NONE-
Signed date: 2019-12-05
Award type: PURCHASE ORDER
Last updated: April 7, 2026
Fms Investment CORP is the linked recipient on this award page.
Department of Education / Department of Education is the awarding lane attached to the record.
ROLLING MEADOWS, IL is the recipient location connected to this award.

Award amount

$8,000,000

Recipient

Fms Investment CORP

Awarding agency

Department of Education

Source code

NAICS 561440

Award summary

Key facts from the source record

Total obligation

$8,000,000

Award type

PURCHASE ORDER

Awarding office

FSA ACQUISITIONS OFFICE

PIID

91003120P0001

NAICS lane

561440 - COLLECTION AGENCIES

PSC lane

R705 - SUPPORT- MANAGEMENT: DEBT COLLECTION

Recipient

Fms Investment CORP

Agency

Department of Education

Sub agency

Department of Education

Funding

Department of Education / Department of Education

Performance state

IL

Date

2019-12-05

End date

2019-12-19

Amount

$8,000,000

Award description

What the source record says

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.

Federal source facts

Direct USAspending detail fields

Source essentials

This is the shortest high-signal version of the federal award record. Open the deeper sections only when you need party, contract, or financial detail.

16 core facts
Generated award ID

CONT_AWD_91003120P0001_9100_-NONE-_-NONE-

PIID

91003120P0001

Source record ID

292112919

Award category

contract

Award type

PURCHASE ORDER

Awarding lane

Department of Education / Department of Education

Awarding office

FSA ACQUISITIONS OFFICE

Funding lane

Department of Education / Department of Education

Funding office

FEDERAL STUDENT AID

Recipient UEI

TRQ9F8XHQLB9

Recipient location

ROLLING MEADOWS, IL

Place of performance

ROLLING MEADOWS, IL

Signed date

2019-12-05

Performance end

2019-12-19

Source last modified

2019-12-05

Potential end date

2019-12-19 00:00:00

Parties and locations

Recipient, parent, address, and place-of-performance detail straight from the source record.

10 facts+
Recipient

Fms Investment CORP

Recipient parent

FMS INVESTMENT CORP

Recipient parent UEI

TRQ9F8XHQLB9

Recipient address

1701 WEST GOLF ROAD SUITE 2-150 | ROLLING MEADOWS, IL, 60008 | UNITED STATES

Recipient county

COOK

Recipient congressional district

08

Place of performance

ROLLING MEADOWS, IL

Performance address

ROLLING MEADOWS, IL, 60008 | UNITED STATES

Performance county

COOK

Performance congressional district

08

Contract mechanics

Competition, solicitation, vehicle, pricing, and acquisition context for the award.

16 facts+

Priority facts

NAICS

561440 - COLLECTION AGENCIES

PSC

R705 - SUPPORT- MANAGEMENT: DEBT COLLECTION

Competition

NOT COMPETED UNDER SAP

Solicitation procedure

SIMPLIFIED ACQUISITION

Pricing type

FIRM FIXED PRICE

Additional facts

Offers received

1

Evaluated preference

NO PREFERENCE USED

Set-aside

NO SET ASIDE USED.

Other than full and open

SAP NON-COMPETITION (FAR 13)

Subcontracting plan

PLAN NOT REQUIRED

Commercial item acquisition

COMMERCIAL ITEM

FedBizOpps

NOT APPLICABLE

Domestic or foreign entity

U.S. OWNED BUSINESS

Purchase card as payment method

NO

Consolidated contract

NOT CONSOLIDATED

Materials and supplies

NO

Financial trail

Obligation, outlay, options, and subaward figures when the source record exposes them.

5 facts+
Total obligation

$8,000,000

Total outlay

$50,400

Base exercised options

$8,000,000

Base and all options

$8,000,000

Subaward count

0

Recipient business categories

Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Recipient context

The company profile behind this award

Category context

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