5 CFR § 1639.6 - Contracting for collection services.

---
identifier: "/us/cfr/t5/s1639.6"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "5 CFR § 1639.6 - Contracting for collection services."
title_number: 5
title_name: "Administrative Personnel"
section_number: "1639.6"
section_name: "Contracting for collection services."
chapter_name: "FEDERAL RETIREMENT THRIFT INVESTMENT BOARD"
part_number: "1639"
part_name: "CLAIMS COLLECTION"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 8474 and 31 U.S.C. 3711, 3716, 3720A, and 3720D."
regulatory_source: "62 FR 49417, Sept. 22, 1997, unless otherwise noted."
cfr_part: "1639"
---


# 1639.6 Contracting for collection services.

The Board will use the services of a private collection contractor where it determines that such use is in the best interest of the Board. When the Board determines that there is a need to contract for collection services, it will—

(a) Retain sole authority to:

(1) Resolve any dispute by the debtor regarding the validity of the debt;

(2) Compromise the debt;

(3) Suspend or terminate collection action;

(4) Refer the debt to the Department of Justice for litigation; and

(5) Take any other action under this part which does not result in full collection of the debt;

(b) Require the contractor to comply with the Privacy Act of 1974, as amended, to the extent specified in 5 U.S.C. 552a(m), with applicable Federal and State laws pertaining to debt collection practices (e.g., the Fair Debt Collection Practices Act (15 U.S.C. 1692 *et seq.*)), and with applicable regulations of the Board;

(c) Require the contractor to account accurately and fully for all amounts collected; and

(d) Require the contractor to provide to the Board, upon request, all data and reports contained in its files relating to its collection actions on a debt.