Jump to content, Skip navigation

PSC.gov

  1. Financial Management Service image
    Rate: $0.00

    Debt Collection

    PSC is a Treasury-designated debt collection center providing a full range of debt management and collection services.

Services offered include:

  • Accounting support
  • Administrative wage garnishment
  • Credit bureau reporting
  • Credit card processing
  • Custom letters, account statements, and billing statements
  • Lockbox facilities
  • Paper check conversion deposits
  • Referrals:
    • Delinquent accounts to commercial debt collection agencies
    • Debts to the Department of Justice (DOJ) for enforced collection
    • Debts to the Treasury Offset Program (TOP) for administrative offset
    • Debts to Treasury for cross-servicing
    • Debts to the Office of Inspector General for Medicare and Medicaid participation exclusion
  • Regulatory and ad hoc reporting
  • Internal Revenue Service (IRS) 1099C and 1098E reporting

Offered to:

    All federal agencies

Performance:

95% of delinquent debts will be referred to TOP within 180 days of the date of delinquency.

95% of eligible health profession debts will be referred to the Office of the Inspector General for exclusion from participation in Medicare within 60 days of request from DOJ.

100% of Form 1099Cs will be issued to eligible health profession debtors, and the debt that is written off will be reported to the IRS by the due date.

95% of all collections will be deposited with Treasury within one (1) business day of receipt.

100% of quarterly Treasury Reports on Receivables will be prepared accurately and transmitted to Treasury for all OPDIVs serviced within quarterly time frames.

Rate:

    $230.45 per hour

Contact:

    301-443-2990; matthew.zakielarz@psc.hhs.gov