Department of Education Contracts in Illinois
Federal contracts by Department of Education performed in Illinois (IL)
Agency State Spending Overview
The Department of Education has obligated $486,887,703 in federal contract spending performed in Illinois across 5 contract awards. Of these awards, 100% were competitively bid, meaning multiple companies submitted proposals for the work. Small businesses account for 0% of the agency's contract awards in the state. The top contractor receiving Department of Education dollars in Illinois is VAN RU Credit Corporation with $410.6M. This spending represents a significant portion of the federal government's economic activity in Illinois and supports jobs across multiple industry sectors.
Overview
Total Spending: $486,887,703
Contract Count: 5
Average Contract Size: $97.4M
Competition Rate: 100%
Small Business Rate: 0%
Top Contractors
Companies receiving the most Department of Education contract dollars in Illinois, ranked by total obligated value.
- VAN RU Credit Corporation — $410.6M (3 contracts)
- Learning Point Associates — $42.0M (1 contracts)
- FMS Investment Corp — $34.2M (1 contracts)
Spending by Sector
How Department of Education's contract spending in Illinois is distributed across industry sectors.
- Other: $444.9M (4 contracts)
- R&D: $42.0M (1 contracts)
Contracts
- PRIVATE COLLECTION AGENCY PERFORMS COLLECTION AND ADMINISTRATIVE RESOLUTION ACTIVITIES ON DEBTS RESULTING FROM NON-PAYMENT OF STUDENT LOANS MADE UNDER THE VARIOUS FEDERAL STUDENT AID LOAN PROGRAMS. — $235.8M
- DEBT COLLECTION — $129.6M
- PROVIDES ED WITH A MEANS OF CONTROLLING, DELIQUENT/DEFAULTED ACCOUNTS, INCLUDING MANAGING ALL TRANSACTIONS RELATED TO IDENTIFYING DEFAULTED LOANS AND BILLING DEFAULTED BORROWERS. — $45.2M
- MIDWESTERN REGIONAL EDUCATIONAL LABORATORY — $42.0M
- TO PROVIDE COLLECTION ON DEFAULTED STUDENT LOANS. — $34.2M
Frequently Asked Questions
How much does Department of Education spend on contracts in Illinois?
Department of Education has $486.9M in federal contracts performed in Illinois across 5 awards.
What is the competition rate for Department of Education contracts in Illinois?
100% of Department of Education's contracts in Illinois were competitively awarded.
Which contractors win the most Department of Education work in Illinois?
The top contractors include VAN RU Credit Corporation, Learning Point Associates, FMS Investment Corp.
What industries receive Department of Education contract dollars in Illinois?
Department of Education's spending spans Other, R&D.