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, awarded by the U.S. Department of Education's Office of Federal Student Aid (FSA). The contract was awarded to Edfinancial Services LLC, a for-profit limited liability company specializing in student loan servicing and federal student aid program support. The contract has a ceiling value of $41,329,615.71 and a period of...
The U.S. Department of Education's Office of Federal Student Aid has awarded Edfinancial Services LLC, a for-profit limited liability company, a firm-fixed-price task order valued at $9,997,232.92 under the Unified Servicing and Data Solution (USDS) indefinite-delivery, indefinite-quantity (IDIQ) contract. This task order requires Edfinancial to become performance-ready, attain its Authorization to Operate, and achieve go-live of its servicing system by December 31, 2024. The USDS IDIQ is a...
This federal contract award is a delivery order issued 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. The $30,298,501.16 fixed-price with economic price adjustment task order is for operations and maintenance services related to student loan servicing. The contract has no set-aside designation. The prime contractor is Central Research Inc., a for-profit...
This contract award is 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, held by the U.S. Department of Education's Office of Federal Student Aid (FSA), a civilian agency. The prime contractor is Maximus Education LLC, a for-profit limited liability company that specializes in student loan servicing. The contract has a total ceiling value of $56,830,212.66 and...
This federal contract award, with ID EDFSA12D0005|91003120F0334, was issued by 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 purpose of this $328,861,577.43 delivery order contract is to create a new task order for the existing HCERA-SAFRA Not-For-Profit Servicer Program contract, with a period of performance from January...
This federal contract award relates to the Unified Servicing and Data Solution (USDS), a $16 billion multiple-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicle managed by the U.S. Department of Education's Office of Federal Student Aid. The initial task order, valued at $25,069,135.70, is a firm-fixed price contract for the tasks and deliverables required for the USDS servicer to become performance ready, attain its Authorization to Operate (ATO), and achieve go-live of its...
This federal contract award is a $20,008,737.82 firm-fixed-price delivery order issued by the Department of Education's Office of Federal Student Aid to Edfinancial Services LLC, doing business as Edfinancial. The purpose is to provide ramp-up activities for Edfinancial to begin performing tasks under all non-servicing functional areas of the NextGen Enhanced Processing Solution program, a $1.7 billion multiple-award indefinite-delivery, indefinite-quantity (IDIQ) contract for contact center,...
This is a firm-fixed price delivery order awarded to Nelnet Servicing LLC by the Office of Federal Student Aid (FSA), a civilian agency within the U.S. Department of Education. The initial task order, valued at $18,739,108.13, is for activities required for Nelnet to become "performance ready" and achieve the Authorization to Operate (ATO) and Go-Live of its student loan servicing system. The contract award is part of the larger $16 billion Unified Servicing and Data Solution (USDS)...
This federal contract award to Maximus Education LLC, a for-profit limited liability company, was issued by the U.S. Department of Education's Office of Federal Student Aid (FSA). The $763,112,549.78 fixed-price delivery order covers the provision of direct loan services, such as call center operations and financial reporting, from December 15, 2019, through December 14, 2020, with a potential extension through December 31, 2024. This award is part of the larger $16 billion Unified Servicing and...
This federal contract award is for the servicing of Title IV student financial aid, provided under a task order from the U.S. Department of Education's Office of Federal Student Aid. The contract, valued at $126,939,909.83, is a fixed-price delivery order with economic price adjustment, awarded to the prime contractor Nelnet Servicing LLC, a for-profit limited liability company based in Lincoln, Nebraska. The award is part of the Unified Servicing and Data Solution (USDS) indefinite-delivery,...