This task order, entitled consolidation origination and adjustments (COA), is issued for the contract services associated with usds contract clin 11 loan consolidation origination and disbursement.

Active Awarded Last action

Contract number
91003124F0302
Awardee
Awarding agency
Obligated
$46,713,660

Award facts

Opportunity
Contract value 17% obligated
  • $46,713,660.19 Current, with exercised options
  • $278,184,147.90 Potential, with all options
Completion date 26% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Reston, VA 20190, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00022 · The purpose of this modification is to deobligate excess funding that is not needed. -$3,701,841
Exercise an Option P00021 · Adjust the quantity and values of the options with a period of performance of 04/01/2026-03/31/2027. Firm fixed price funding is added to exercise the revised… $14,724,362
Supplemental Agreement for work within scope P00019 · The purpose of this modification is to add funding associated with loan consolidations originations and CR7095 joint consolidation apps phase II. $1,393,822
Supplemental Agreement for work within scope P00018 · The purpose of this modification is to correct modification P00017 to reflect funding being added to clin 1001 and 1004 vice 9004 and 9005. Modification… -$1,393,822
Funding Only Action P00017 · The purpose of this modification is to add funding associated with loan consolidations originations and CR7095 joint consolidation apps phase II $1,393,822
Supplemental Agreement for work within scope P00016 · The purpose of this modification is to revise the structure of the performance periods and establish the period of performance from october 1, 2025, through… $3,626,257
Funding Only Action P00015 · The purpose of this modification is to deobligate excess funding on task order 91003124F0302. -$1,233,855
Exercise an Option P00014 · The purpose of modification P00014 is to extend this task order for two months in accordance with far 52.217-8, option to extend services. $3,487,478
Change Order P00013 · The purpose of this modification is to add funding and requirements associated with implementing CR7363 jcls loan holder requests to aidvantage. $22,056
Exercise an Option P00012 · The purpose of modification P00011 is to extend this task order for two months in accordance with far 52.217-8, option to extend services. The period of… $2,819,330
Exercise an Option P00011 · Extend the current task order by adding option period clins, increase the quantity and values of the option, and exercise the option period clins in the total… $1,449,966
Supplemental Agreement for work within scope P00010 · The purpose of modification P00023 is to extend this task order for one-month in accordance with far 52.217-8 option to extend services. The period of… $1,451,914
Definitize Change Order P00009 · The purpose of this modification is to obligate excess funding, clin 0001AA-$8,559,885.52, clin 0001AC-$12,733.55, clin 0002AD-$644,101.18. -$9,216,720
Exercise an Option P00008 · The purpose of modification P00008 is to exercise the option period clins. $4,465,112
Exercise an Option P00007 · The purpose of modification P00007 is to adjust the quantity and values of the options to exercise the option period clins, with a period of performance of… $2,232,556
Supplemental Agreement for work within scope P00006 · The purpose of modification P00006 is to add funding associated with servicing operations in the amount of $3,077,836.65. $3,077,837
Supplemental Agreement for work within scope P00005 · The purpose of this modification is to add funding and requirements associated with implementing change request - 7067 - joint consolidation loan separation -… $505,875
Supplemental Agreement for work within scope P00004 · The purpose of modification P00004 is adding funding associated with the latest employment cost index (ECI) release, in accordance with the economic price… $18,416
Supplemental Agreement for work within scope P00003 · The purpose of modification P00003 is to change the base period of performance to start on 06/01/2024. $0
Supplemental Agreement for work within scope P00002 · The purpose of modification P00002 is to reduce the funded period of performance and add optional subclins. Base period changed to 05/01/24-12/31/24 optional… -$8,057,140
Supplemental Agreement for work within scope P00001 · Modification P00001 provides base period funding for task order clins 0001 and 0002 in the amount of $24,170,988.80. $24,170,989
Original award $0
Show all 22

About this award

Written by GovTribe AI ·

The U.S. Department of Education's Office of Federal Student Aid issued a delivery order to Maximus Education LLC on April 1, 2024, under the Unified Servicing and Data Solution (USDS) IDIQ for loan consolidation origination and disbursement services, with a ceiling value of $278.2 million and ultimate completion date of March 31, 2034.

The USDS is a $16 billion Indefinite Delivery, Indefinite Quantity contract awarded to Maximus Education LLC on April 25, 2023, enabling FSA to acquire comprehensive student loan servicing capabilities through task orders. The contract supports FSA's objectives of consolidating borrower services and implementing enhanced technological solutions.

Place of performance is Reston, VA 20190. The order carries fixed-price pricing with economic price adjustment and no set-aside designation.

In FY2024, the order invoiced $6 million across 12.3 FTEs and 25,526 contractor hours, yielding a derived government-paid hourly rate of $236.95 per hour. Maximus Education LLC self-performed all reported hours with no subcontractor engagement recorded in SCI data. Multiple subcontractors support delivery including Kearney & Company, P.C., for software development and IT project management; Alphadoc, Inc., for software development and IT system analysis; and a team of small business technical service providers.

Subawards

Subcontractor Amount Awarded
Direct Connect Group (Dcg) LLC THIS TASK ORDER, ENTITLED CONSOLIDATION ORIGINATION AND ADJUSTMENTS (COA), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLIN 11 LOAN… $25,194,637
Kearney & Company, P.C. THIS TASK ORDER, ENTITLED CONSOLIDATION ORIGINATION AND ADJUSTMENTS (COA), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLIN 11 LOAN… $812,731
Kearney & Company, P.C. THIS TASK ORDER, ENTITLED CONSOLIDATION ORIGINATION AND ADJUSTMENTS (COA), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLIN 11 LOAN… $23,566
Alphadoc, Inc. THIS TASK ORDER, ENTITLED CONSOLIDATION ORIGINATION AND ADJUSTMENTS (COA), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLIN 11 LOAN… $1,021,318
Omni Systems, Inc. THIS TASK ORDER, ENTITLED CONSOLIDATION ORIGINATION AND ADJUSTMENTS (COA), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLIN 11 LOAN… $3,465,735
Foxhound Federal LLC THIS TASK ORDER, ENTITLED CONSOLIDATION ORIGINATION AND ADJUSTMENTS (COA), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLIN 11 LOAN… $1,684,400
Radius Global Solutions LLC THIS TASK ORDER, ENTITLED CONSOLIDATION ORIGINATION AND ADJUSTMENTS (COA), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLIN 11 LOAN… $145,488
Capa City Consulting LLC THIS TASK ORDER, ENTITLED CONSOLIDATION ORIGINATION AND ADJUSTMENTS (COA), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLIN 11 LOAN… $9,309,127

Quick answers

Who was awarded contract 91003124F0302?

91003124F0302 was awarded to Maximus Education LLC by Office of Federal Student Aid (Department of Education) on April 1, 2024.

How much is contract 91003124F0302 worth?

The government has obligated $46,713,660 on 91003124F0302. Its potential value, with all options, is $278,184,148.

Is contract 91003124F0302 an order under another contract?

Yes. 91003124F0302 is a delivery order under 91003123D0001, an indefinite delivery contract, on Unified Servicing and Data Solution.

Was contract 91003124F0302 competed?

The extent of competition for 91003124F0302 was full and open competition. The government received 3 offers.

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