Department of Education Issues Extension on Collection RFP

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Last night at 10:04PM EST the U.S. Department of Education (ED) posted a new item on the FedBizOpps website.  ED posted Amendment 1 to the RFP. The complete amendment can be found here.

The key element of this amendment is as follows:

Update Paragraph E.1.1, Submission Deadline to read:

Offers should be received no later than 5:00PM Eastern Standard Time on February 16, 2016 to email address: mpddcteam@ed.gov. Please submit proposals to this address email ONLY. The time of receipt is considered to be the time in which the proposal submission is received at the initial point of entry to the Department’s infrastructure.

insideARM has written extensively on the ED RFP.  Our December 14, 2015 article provides background and a short history of the process.

insideARM Perspective

The extension is not surprising. In fact it was anticipated.  ED has not yet responded to the initial questions that were required to be submitted on December 21st. Our industry experts still hope to see the Department provide responses before this week is out.

insideARM will continue to monitor.

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Posted in Debt Collection, Department of Education Collections, Featured Post, Government Receivables, Student Loan Collections .

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