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Performant may challenge Department of Education's recovery contract awards

Performant Financial Corp. was not named as a contractor in the Department of Education's latest awards for the unrestricted recovery contract.

The department announced awards for seven contractors after a complex procurement process that involved retractions and restarts of the request for proposal process as well as lawsuits against the department, Performant Financial said.

The company has asked the department for a debriefing on the rationale for the award decisions. "Although we are giving serious consideration to protesting this surprising and disappointing result, we will fully evaluate what we learn through the debriefing process before making a final decision," Performant Financial CEO Lisa Im said.