The college financing plan is designed to simplify the information prospective students receive about costs and financial aid so they can easily compare institutions and make informed decisions…
Active Definitive Contract Awarded Last action
- Contract number
- 91990024C0029
- Awardee
-
Optimoz, Inc. UEI FB7AZGLR4N57
- Awarding agency
-
Contracts and Acquisition Management
Department of Education
- Obligated
- $140,384
Award facts
- Opportunity
-
- College Financial Planning Pre-Solicitation · 91990024Q0022 · Posted Jan 12, 2024
- Contract value 59% obligated
-
- $140,383.85 Current, with exercised options
- $238,714.94 Potential, with all options
- Completion date 49% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Office of Career Technical and Adult Education Department of Education
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R799 Support- Management: Other
- Set-aside
- Total Small Business
- Competition
- Competed under SAP · 5 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- North Bethesda, MD 20852, USA
- Legislative mandates
-
- 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 |
|---|---|---|
| Exercise an Option | $47,724 | |
| Exercise an Option | $46,789 | |
| Original award | $45,871 |
About this award
The U.S. Department of Education, Office of Career Technical and Adult Education, awarded a $238,714.94 definitive contract to Optimoz, Inc. for College Financing Plan services on May 22, 2024, under a total small business set-aside. Optimoz is a minority-owned, self-certified small disadvantaged business.
The originating market research solicitation, posted January 12, 2024, sought to determine acquisition feasibility for services related to the College Financing Plan, a standardized aid award letter that participating institutions use to notify students of their financial aid package, net price, graduation rates, and median borrowing. Place of performance is North Bethesda, MD. The contract carries a firm fixed price structure with an ultimate completion date of May 21, 2029.
Description
The college financing plan is designed to simplify the information prospective students receive about costs and financial aid so they can easily compare institutions and make informed decisions about where to attend school.
Quick answers
Who was awarded contract 91990024C0029?
91990024C0029 was awarded to Optimoz, Inc. by Contracts and Acquisition Management (Department of Education) on May 22, 2024.
How much is contract 91990024C0029 worth?
The government has obligated $140,384 on 91990024C0029. Its potential value, with all options, is $238,715.
Which agency awarded contract 91990024C0029?
Contracts and Acquisition Management (Department of Education) awarded 91990024C0029, with funding from Office of Career Technical and Adult Education (Department of Education).
Was contract 91990024C0029 competed?
The extent of competition for 91990024C0029 was competed under sap. The government received 5 offers. It was set aside: Total Small Business.
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