Treasury's $9.56M PCA Services Contract Awarded to Continental Service Group, LLC

Contract Overview

Contract Amount: $9,562,705 ($9.6M)

Contractor: Continental Service Group, LLC

Awarding Agency: Department of the Treasury

Start Date: 2024-02-18

End Date: 2025-11-17

Contract Duration: 638 days

Daily Burn Rate: $15.0K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PCA SERVICES BRIDGE CONTRACT (CONSERVE)

Place of Performance

Location: FAIRPORT, MONROE County, NEW YORK, 14450

State: New York Government Spending

Plain-Language Summary

Department of the Treasury obligated $9.6 million to CONTINENTAL SERVICE GROUP, LLC for work described as: PCA SERVICES BRIDGE CONTRACT (CONSERVE) Key points: 1. Contract value of $9.56 million for collection agency services. 2. Awarded via full and open competition, indicating market availability. 3. Potential risk related to service effectiveness and taxpayer impact. 4. Services fall under the 'Collection Agencies' sector.

Value Assessment

Rating: fair

The contract value of $9.56 million for collection services appears reasonable given the duration and scope. Benchmarking against similar contracts for collection agencies would provide a clearer assessment of value.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting a competitive bidding process. This method generally promotes price discovery and ensures fair market pricing.

Taxpayer Impact: The effectiveness of these collection services directly impacts taxpayer recovery of funds. Efficient and cost-effective services are crucial for maximizing returns and minimizing administrative burden.

Public Impact

Ensures continued operation of essential debt collection services for the Treasury. Potential for improved taxpayer debt recovery through specialized agency services. Transparency in collection practices is vital to maintain public trust.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The 'Collection Agencies' sector involves specialized services for recovering delinquent debts. Spending in this area is benchmarked against the efficiency and success rates of similar contracts across government agencies.

Small Business Impact

The data does not indicate whether small businesses were involved in this contract, either as prime contractors or subcontractors. Further analysis would be needed to assess small business participation.

Oversight & Accountability

Oversight will be crucial to ensure Continental Service Group, LLC meets performance standards and adheres to all regulations. Regular performance reviews and audits are recommended.

Related Government Programs

Risk Flags

Tags

collection-agencies, department-of-the-treasury, ny, delivery-order, 1m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $9.6 million to CONTINENTAL SERVICE GROUP, LLC. PCA SERVICES BRIDGE CONTRACT (CONSERVE)

Who is the contractor on this award?

The obligated recipient is CONTINENTAL SERVICE GROUP, LLC.

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Bureau of the Fiscal Service).

What is the total obligated amount?

The obligated amount is $9.6 million.

What is the period of performance?

Start: 2024-02-18. End: 2025-11-17.

What is the expected recovery rate for the funds being pursued under this contract?

The expected recovery rate is a critical performance metric for this contract. While the contract value is set, the actual return on investment depends on the agency's success in collecting delinquent debts. Performance metrics should be clearly defined to track and evaluate the effectiveness of the collection efforts.

What are the specific performance standards and KPIs for Continental Service Group, LLC?

Specific performance standards and Key Performance Indicators (KPIs) are essential for monitoring the effectiveness of the collection services. These should include metrics such as collection rates, cost per dollar collected, compliance with regulations, and customer service standards for taxpayers. Regular reporting against these KPIs will inform oversight.

How does the pricing structure compare to industry benchmarks for similar collection services?

A detailed comparison of the contract's pricing structure against industry benchmarks for collection agencies is necessary to fully assess value. This includes examining fee structures, commission rates, and overhead costs. The firm fixed-price nature provides cost certainty, but its competitiveness relies on the underlying rates.

Industry Classification

NAICS: Administrative and Support and Waste Management and Remediation ServicesBusiness Support ServicesCollection Agencies

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)MANAGEMENT SUPPORT SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: RFQ FSA-48130100-24-003

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Commercial Services Group, Inc.

Address: 200 CROSS KEYS OFFICE PARK, FAIRPORT, NY, 14450

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

Financial Breakdown

Contract Ceiling: $11,404,945

Exercised Options: $9,562,705

Current Obligation: $9,562,705

Actual Outlays: $9,562,705

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Parent Contract

Parent Award PIID: 47QRAA22D002T

IDV Type: FSS

Timeline

Start Date: 2024-02-18

Current End Date: 2025-11-17

Potential End Date: 2025-11-17 00:00:00

Last Modified: 2026-01-15

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