Small Business Opportunities

Small Business Opportunities

Gary Hopkins, DirectorCollections Group

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

Performance-Based Contracts

• Accustomed to working in highly competitive environment

• All Aspects of Performance is Measured

• Highly Sensitive Debt Type

• Close Monitoring\Mentoring

Portfolio Size

2.45 Million (Active Accounts) in Default

$16.8 Billion Outstanding

$7,000 Average Balance

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!!

Agency Commissions & Fees

Targeted Rates

Administrative Fees

Incentive Structure

Contract Totals

Top Earning Agencies in FY03

Over $2,250,000 Monthly(Average - $1.25M Monthly)

Small AgenciesOver $330,000 Monthly

Tentative Schedule

• Market Research/Pre-Solicitation Phase July 2003 through May 2004

• Solicitation PhaseMay 2004 through July 2004

• Evaluation/Award Phase July 2004 through October 2004

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