Tivod supports the origination, disbursement, and reporting of title IV federal student aid programs, including - but not limited to - direct loans, pell grants, and the teacher education assistance…
Ended Definitive Contract Awarded Last action
- Contract number
- EDFSA15C0006
- Awardee
-
Accenture Federal Services LLC UEI C47BNA8GM833
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $1,505,648,979
Award facts
- Opportunity
-
- Title IV Financial Aid Origination and Disbursement Award Notice · Posted Feb 26, 2014
- Contract value 99% obligated
-
- $1,512,109,264.31 Current, with exercised options
- $1,516,920,070.37 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 522390 Other Activities Related to Credit Intermediation
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20202, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$2,035,744 | |
| Funding Only Action | -$68,889 | |
| Funding Only Action | -$363,856 | |
| Funding Only Action | -$83,698 | |
| Funding Only Action | -$2,516,514 | |
| Supplemental Agreement for work within scope | -$1,165,416 | |
| Supplemental Agreement for work within scope | -$70,777 | |
| Exercise an Option | $11,840,203 | |
| Supplemental Agreement for work within scope | $20,105 | |
| Supplemental Agreement for work within scope | $264,540 | |
| Supplemental Agreement for work within scope | $14,146 | |
| Exercise an Option | $10,887,522 | |
| Supplemental Agreement for work within scope | -$549,582 | |
| Supplemental Agreement for work within scope | -$53,078 | |
| Exercise an Option | $11,233,227 | |
| Supplemental Agreement for work within scope | -$1,489,023 | |
| Supplemental Agreement for work within scope | $60,638 | |
| Exercise an Option | $13,011,883 | |
| Supplemental Agreement for work within scope | $664,474 | |
| Supplemental Agreement for work within scope | $8,848 | |
| Exercise an Option | $22,812,138 | |
| Supplemental Agreement for work within scope | $72,586 | |
| Supplemental Agreement for work within scope | $99,650 | |
| Supplemental Agreement for work within scope | -$220,158 | |
| Supplemental Agreement for work within scope | $241,094 | |
| Supplemental Agreement for work within scope | $43,338 | |
| Funding Only Action | -$2,846,365 | |
| Funding Only Action | $15,416,965 | |
| Supplemental Agreement for work within scope | $241,355 | |
| Supplemental Agreement for work within scope | $92,876 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $232,704 | |
| Supplemental Agreement for work within scope | $198,890 | |
| Supplemental Agreement for work within scope | $1,232,365 | |
| Supplemental Agreement for work within scope | $1,200,121 | |
| Supplemental Agreement for work within scope | $72,919 | |
| Terminate for Convenience | $0 | |
| Supplemental Agreement for work within scope | $3,261,765 | |
| Supplemental Agreement for work within scope | $262,772 | |
| Supplemental Agreement for work within scope | $521,123 | |
| Funding Only Action | $32,623,204 | |
| Supplemental Agreement for work within scope | $43,486,334 | |
| Supplemental Agreement for work within scope | $78,758 | |
| Funding Only Action | $10,872,330 | |
| Supplemental Agreement for work within scope | $3,927,198 | |
| Funding Only Action | $11,362,154 | |
| Exercise an Option | $16,100,104 | |
| Supplemental Agreement for work within scope | $20,646 |
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About this award
Accenture Federal Services LLC was awarded a definitive contract by the Office of Federal Student Aid on March 1, 2015, for Title IV federal student aid origination and disbursement operations. The contract, valued at approximately $1.52 billion on a firm-fixed-price basis, supports origination, disbursement, and reporting functions for Direct Loans, Pell Grants, and Teacher Education Assistance for College and Higher Education (TEACH) Grants, while also providing ongoing support for discontinued Title IV programs including Academic Competitiveness Grants and National Science and Mathematics Access to Retain Talent (NSMATT) Grants. Performance is based in Washington, DC, with an ultimate completion date of July 31, 2025. The contract carries no set-aside designation, allowing full and open competition. This expired contract was recently modified to de-obligate funding for scope not completed during the performance period.
The contract leverages a substantial ecosystem of subcontractors providing specialized IT, software, hardware, and professional services in support of the statement of work. Key subcontractors include Advanced Computer Concepts, Inc. (women-owned small business providing IT procurement and software licensing); IBM and Oracle America, Inc. (cloud computing and enterprise software); Carahsoft Technology Corp (software distribution and licensing); Merlin International, Inc. (cybersecurity solutions); and multiple smaller firms including Executive Information Systems, Fierce Software Corp, True Zero Technologies, and Jazz Solutions, Inc. providing specialized analytics, open-source software, technical support, and IT services. The contract reflects the Department of Education's critical need for robust, scalable technology infrastructure to administer federal student aid programs serving millions of borrowers and educational institutions nationwide.
Description
Tivod supports the origination, disbursement, and reporting of title IV federal student aid programs, including - but not limited to - direct loans, pell grants, and the teacher education assistance for college and higher education grants. The title IV solution shall also provide ongoing support for the discontinued title IV federal student aid programs, including - but not limited to - academic competitiveness grants and national science and mathematics access to retain talent grants.
Subawards
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Quick answers
Who was awarded contract EDFSA15C0006?
EDFSA15C0006 was awarded to Accenture Federal Services LLC by Office of Federal Student Aid (Department of Education) on March 1, 2015.
How much is contract EDFSA15C0006 worth?
The government has obligated $1,505,648,979 on EDFSA15C0006. Its current value, with exercised options, is $1,512,109,264. Its potential value, with all options, is $1,516,920,070.
Was contract EDFSA15C0006 competed?
The extent of competition for EDFSA15C0006 was full and open competition. The government received 3 offers.
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