Treasury's $23M Debt Collection Contract with Continental Service Group Faces Scrutiny Over Value and Competition

Contract Overview

Contract Amount: $23,044,928 ($23.0M)

Contractor: Continental Service Group, LLC

Awarding Agency: Department of the Treasury

Start Date: 2012-03-12

End Date: 2019-09-11

Contract Duration: 2,739 days

Daily Burn Rate: $8.4K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 11

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PRIVATE COLLECTION AGENCY FOR DEBT COLLECTION SERVICES

Place of Performance

Location: LIVERMORE, ALAMEDA County, CALIFORNIA, 94551

State: California Government Spending

Plain-Language Summary

Department of the Treasury obligated $23.0 million to CONTINENTAL SERVICE GROUP, LLC for work described as: PRIVATE COLLECTION AGENCY FOR DEBT COLLECTION SERVICES Key points: 1. The contract awarded to Continental Service Group, LLC for debt collection services represents a significant expenditure of $23 million. 2. While listed as 'FULL AND OPEN COMPETITION', the limited number of delivery orders (11) warrants further investigation into the breadth of participation. 3. The 'FIRM FIXED PRICE' contract type provides cost certainty, but the overall value proposition needs assessment against industry benchmarks. 4. The sector for debt collection services is highly competitive, suggesting potential for better pricing or service levels. 5. Potential risks include the effectiveness of the collection methods and the impact on taxpayer perception of government debt recovery.

Value Assessment

Rating: fair

The contract's value of $23 million for debt collection services needs to be benchmarked against similar government and private sector contracts. Without specific performance metrics or comparison data, it's difficult to definitively assess if the pricing is optimal.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'FULL AND OPEN COMPETITION', which theoretically allows for broad market participation. However, the relatively low number of delivery orders (11) over the contract's duration may indicate limited actual competition or a narrow scope of work.

Taxpayer Impact: The effectiveness of this contract in recovering debt directly impacts taxpayer funds. If the services are efficient and cost-effective, it represents a positive return on investment for the government.

Public Impact

Taxpayers may be impacted by the efficiency and cost-effectiveness of debt collection efforts, influencing the net recovery of government funds. The use of private agencies for debt collection raises questions about data privacy and the methods employed in pursuing debtors. Transparency in the bidding process and the performance of the selected agency are crucial for public trust in government operations.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

The debt collection services sector is characterized by specialized agencies that leverage various techniques to recover outstanding debts for government and private entities. Benchmarks for this sector often focus on recovery rates and cost per dollar collected.

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 determine the extent of small business participation.

Oversight & Accountability

Oversight of this contract would involve monitoring Continental Service Group's performance against contract terms, ensuring compliance with regulations, and verifying the effectiveness of their debt collection strategies.

Related Government Programs

Risk Flags

Tags

collection-agencies, department-of-the-treasury, ca, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $23.0 million to CONTINENTAL SERVICE GROUP, LLC. PRIVATE COLLECTION AGENCY FOR DEBT COLLECTION SERVICES

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 $23.0 million.

What is the period of performance?

Start: 2012-03-12. End: 2019-09-11.

What was the average recovery rate and cost per dollar collected for this contract compared to industry standards?

Assessing the average recovery rate and cost per dollar collected is crucial for determining the contract's value. Without specific performance data, it's challenging to benchmark against industry standards. A high recovery rate with a low cost per dollar would indicate strong value, while the opposite would raise concerns about the agency's effectiveness and pricing.

How effectively did the 'full and open competition' process ensure a competitive marketplace for these debt collection services?

While advertised as 'full and open competition,' the limited number of delivery orders (11) suggests that the actual market participation might have been constrained. Further investigation into the bidding process and the number of proposals received is needed to confirm if genuine competition was achieved and if it led to optimal pricing and service selection.

What are the specific performance metrics and taxpayer impact associated with this $23 million contract?

The specific performance metrics, such as recovery rates and timelines, are not detailed in the provided data. Understanding these metrics is essential to quantify the taxpayer impact. A successful contract would demonstrate significant debt recovery at a reasonable cost, thereby positively impacting government revenue and fiscal health.

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

Offers Received: 11

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

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

Business Categories: Category Business, Not Designated a Small Business

Financial Breakdown

Contract Ceiling: $23,044,928

Exercised Options: $23,044,928

Current Obligation: $23,044,928

Actual Outlays: $64,087

Contract Characteristics

Commercial Item: COMMERCIAL ITEM

Parent Contract

Parent Award PIID: GS23F0084P

IDV Type: FSS

Timeline

Start Date: 2012-03-12

Current End Date: 2019-09-11

Potential End Date: 2019-09-11 00:00:00

Last Modified: 2020-04-23

More Contracts from Continental Service Group, LLC

View all Continental Service Group, LLC federal contracts →

Other Department of the Treasury Contracts

View all Department of the Treasury contracts →

Explore Related Government Spending