Title IV aid servicing (perkins)bridge contract. Support for the loan portfolio, comprised of school-serviced and federally-serviced borrowers. Continuous and recurring services support programs under…
Active Definitive Contract Awarded Last action
- Contract number
- 91003125C0020
- Awardee
-
Educational Computer Systems, Inc. UEI LQAJQ5R1EM11
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $8,921,640
Award facts
- Contract value 100% obligated
- $8,921,640.02 Current and potential, with all options
- Completion date 83% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 522110 Commercial Banking
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Coraopolis, PA 15108, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $163,564 | |
| Supplemental Agreement for work within scope | $6,500 | |
| Supplemental Agreement for work within scope | $14,225 | |
| Funding Only Action | -$316,690 | |
| Supplemental Agreement for work within scope | $243,358 | |
| Supplemental Agreement for work within scope | $115,776 | |
| Funding Only Action | -$325,979 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $29,074 | |
| Exercise an Option | $3,109,092 | |
| Supplemental Agreement for work within scope | $40,058 | |
| Exercise an Option | $1,554,546 | |
| Supplemental Agreement for work within scope | -$491,734 | |
| Exercise an Option | $1,559,374 | |
| Supplemental Agreement for work within scope | $95,700 | |
| Supplemental Agreement for work within scope | $1,450 | |
| Supplemental Agreement for work within scope | -$308,226 | |
| Funding Only Action | $1,036,364 | |
| Supplemental Agreement for work within scope | $518,182 |
Show all 19
About this award
The Office of Federal Student Aid awarded a definitive contract to Educational Computer Systems, Inc. for Title IV aid servicing under the Perkins Loan program on August 1, 2025, with a ceiling value of $8.9 million and an ultimate completion date of January 31, 2027.
The contract supports the Perkins Loan portfolio, including school-serviced and federally-serviced borrowers, with continuous and recurring services for grants, loans, and work study programs. The award includes funding and requirements to provide decommissioning support for ECSI's legacy loan servicing system, including instructions for closeout and assignment of loan servicing data to the new Perkins servicer. Place of performance is Coraopolis, PA. The contract is firm fixed-price with no set-aside.
In FY2025, the contract invoiced $901 thousand across 3.1 FTEs, with all work self-performed by the prime.
Description
Title IV aid servicing (perkins)bridge contract. Support for the loan portfolio, comprised of school-serviced and federally-serviced borrowers. Continuous and recurring services support programs under title IV includes grants, loans, and work study
Quick answers
Who was awarded contract 91003125C0020?
91003125C0020 was awarded to Educational Computer Systems, Inc. by Office of Federal Student Aid (Department of Education) on August 1, 2025.
How much is contract 91003125C0020 worth?
The government has obligated $8,921,640 on 91003125C0020.
Was contract 91003125C0020 competed?
The extent of competition for 91003125C0020 was not competed. The government received 1 offer.
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