Small Business Opportunities

1
Small Business Opportunities

• Gary Hopkins, Director
• Collections Group

2
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

3
Performance-Based Contracts

• Accustomed to working in highly competitive
  environment
• All Aspects of Performance is Measured
• Highly Sensitive Debt Type
• Close Monitoring\Mentoring

4
Portfolio Size

• 2.45 Million (Active Accounts) in Default
• 16.8 Billion Outstanding
• 7,000 Average Balance

5
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!!

6
Agency Commissions Fees

• Targeted Rates
• Administrative Fees
• Incentive Structure

7
Contract Totals

• Top Earning Agencies in FY03
• Over 2,250,000 Monthly
• (Average - 1.25M Monthly)
• Small Agencies
• Over 330,000 Monthly

8
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

9
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