This federal contract award is for an operations and maintenance (O&M) task order for student loan servicing under the Unified Servicing and Data Solution (USDS) contract, which is a $16 billion multiple-award Indefinite Delivery, Indefinite Quantity (IDIQ) contract managed by the U.S. Department of Education's Office of Federal Student Aid (FSA). The prime contractor is Maximus Education LLC, a for-profit limited liability company that specializes in student loan servicing. The task order...
This is a delivery order task order award to Maximus Education LLC, a for-profit limited liability company, by the U.S. Department of Education's Office of Federal Student Aid (FSA) for operations and maintenance (O&M) services for student loan servicing under the Unified Servicing and Data Solution (USDS) Indefinite Delivery, Indefinite Quantity (IDIQ) contract. The $308,020,328.83 fixed-price with economic price adjustment task order has an ultimate completion date of November 20, 2025 and...
This is a federal contract awarded by the U.S. Department of Education's Office of Federal Student Aid (FSA) to Maximus Education LLC, a for-profit limited liability company. The contract is for $762,138,897.16 to provide direct loan services such as call center and financial reporting from December 15, 2019 through December 14, 2020. This is a delivery order contract with a firm fixed price pricing type. The contract does not have a set-aside designation, indicating it was competed on a full...
This is a firm-fixed price task order awarded by the U.S. Department of Education's Office of Federal Student Aid (FSA) to Maximus Education LLC under the Unified Servicing and Data Solution (USDS) Indefinite Delivery, Indefinite Quantity (IDIQ) contract. The initial task order is for Maximus Education LLC to become performance ready, attain its Authorization to Operate (ATO), and achieve go-live of its servicing system. The contract does not utilize any set-aside designations. The total ceiling...
This is a delivery order awarded by the U.S. Department of Education's Office of Federal Student Aid (FSA) to Maximus Education LLC, a for-profit limited liability company, to provide loan consolidation services. The award is part of FSA's Unified Servicing and Data Solution (USDS) indefinite-delivery, indefinite-quantity (IDIQ) contract, a $16 billion multiple-award IDIQ vehicle that enables Maximus to deliver a broad range of student loan servicing capabilities to FSA. This specific...
This federal contract award is for an Operations and Maintenance (O&M) task order under the Unified Servicing and Data Solution (USDS) contract with the U.S. Department of Education's Office of Federal Student Aid (FSA). The purpose of this $213,037,128.66 fixed-price with economic price adjustment task order is to provide student loan servicing services in accordance with the USDS contract requirements. The contract was awarded to Edfinancial Services LLC, a for-profit limited liability...
This is a federal contract award from the U.S. Department of Education's Office of Federal Student Aid (FSA) to Edfinancial Services LLC, a for-profit limited liability company specializing in student loan servicing and federal student aid program support. The contract is a delivery order for operations and maintenance (O&M) services for student loan servicing, in accordance with the requirements of the Unified Servicing and Data Solution (USDS) contract, a $16 billion multiple-award...
This federal contract award is for an Operations and Maintenance (O&M) task order under the Unified Servicing and Data Solution (USDS) contract, which is a $16 billion Indefinite Delivery, Indefinite Quantity (IDIQ) contract awarded to multiple vendors, including Nelnet Servicing LLC. The purpose of this specific $148,763,169.00 fixed-price delivery order with economic price adjustment is to provide student loan servicing support, including performance incentives for at-risk borrowers, to...
This task order, entitled "Consolidation Origination and Adjustments (COA)," is issued under the Unified Servicing and Data Solution (USDS) Indefinite Delivery, Indefinite Quantity (IDIQ) contract, which was awarded to Maximus Education LLC on April 25, 2023. The USDS IDIQ, a $16 billion contract, enables the U.S. Department of Education's Office of Federal Student Aid (FSA) to acquire comprehensive student loan servicing capabilities. The COA task order, valued at $286,522,317.98,...
This is a firm-fixed price task order awarded to Edfinancial Services LLC, a for-profit limited liability company specializing in student loan servicing and federal student aid program support, under the Unified Servicing and Data Solution (USDS) Indefinite Delivery/Indefinite Quantity (IDIQ) contract with the U.S. Department of Education's Office of Federal Student Aid (FSA). The purpose of this $55,946.92 modification is to extend the implementation date for certain requirements and add...