NetworkNewsBreaks – Performant Financial Corp. (NASDAQ: PFMT) Secures Contract from the Department of Education
Performant Financial (NASDAQ: PFMT) this morning said it has been granted a new contract by the U. S. Department of Education to provide debt collection services on defaulted federal student loans. The base period of the contract is January 11, 2018 through January 10, 2023, with optional additional periods. Per the Department of Education, the full contract award amount for the base period and option period is not to exceed $400,000,000. “We are extremely pleased to announce that we have received a new contract award from the Department of Education. We have provided leading recovery results and demonstrated strong regulatory…