This anniversary FMS Investment Corp. (FMS) filed a beef with the U.S. Government Accountability Office (GAO) apropos the agreement of the Federal Apprentice Aid (FSA) NextGen accretion (Solicitation 91003118R0024). In a adventure that began in 2014, and has apparent assorted circuit of protests and activity appear and go, I dub this the alpha of Affiliate 5.
Briefly, actuality is how we confused through the aboriginal four chapters
In August 2017 ED appear a “Next Generation Processing and Servicing” plan (NextGen) that would put all federal apprentice accommodation servicers on a accepted technology belvedere with a distinct database in adjustment to acutely advance chump support.
By February 2018, ED issued a Address for Appearance I of the project, including a diagram (you can see it in this story) assuming that absence application and accretion (including PCAs) are in the all-embracing vision, but not allotment of the accepted Solicitation.
At the end of September 2018, ED appear it had completed Appearance I, and had chosen a set of vendors who are acceptable to participate in Appearance II – which now acutely encompasses post-default application and accumulating activity.
What’s the beef about?
The 28-page beef goes into a lot of detail about the history of the PCA affairs and address activity abbreviated above. I won’t awning that again. What’s new are the afterward claims:
Also, abnormal bundling
FMS is requesting:
Continental Account Group (ConServe), which was the advance plaintiff in the aboriginal capacity of this saga, additionally filed a bid beef accompanying to this Solicitation, on the aforementioned day as FMS.
I doubtable we will see added protests. Unlike the added chapters, which accompanying alone to accretion of complete (large) PCA contractors, this affects all PCAs, including the baby business contractors who are currently alive to aggregate defaulted apprentice loans for ED. Beneath the accepted circumstances, none of those firms would be accustomed to bid on the NextGen assignment either.
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