BLUF: The Internal Revenue Service has obligated $134,457,569 to Coast Professional, Inc. under a debt-collection services delivery order running through September 22, 2026.

Coast Professional, Inc. holds a delivery order under the General Services Administration's Federal Supply Schedule contract GS23F0009U for private debt-collection services performed on behalf of the IRS, a bureau of the Department of the Treasury. USAspending.gov records show total obligations on the order have reached $134,457,569.12 as of the latest transaction update on August 29, 2026. The order was signed February 8, 2021, with a period of performance running from September 23, 2021 through September 22, 2026.

Why it matters: The IRS's use of private debt collectors for delinquent tax debt remains one of the government's longest-running outsourcing arrangements in tax administration. Full-and-open competition drew six offers before award, underscoring sustained industry interest in the collections/loan-servicing niche. Contractors pursuing similar GSA Schedule debt-collection or financial-management-support task orders can use this order's value and competition level as a benchmark for positioning under NAICS 522310.

By the numbers:

• Total obligations: $134,457,569.12
• Base and all options value: $134,457,569.12
• Period of performance: September 23, 2021 – September 22, 2026
• NAICS code: 522310 (Mortgage and Nonmortgage Loan Brokers)
• Competition: Full and open, 6 offers received
• Parent contract vehicle: GS23F0009U (GSA Federal Acquisition Service, Multiple Award Schedule)

The order falls under product/service code R710 ("Support— Management: Financial") and was awarded through GSA's Multiple Award Fair Opportunity process. It carries no small-business set-aside.

Source: USAspending.gov