Operations and maintenance (O & M) task order for student loan servicing in accordance with the requirements of the usds contract. All work and deliverables provided must be in accordance with the…

Active Awarded Last action

Contract number
91003124F0319
Awardee
Awarding agency
Obligated
$209,310,339

Award facts

Contract value 100% obligated
$209,310,339.07 Current and potential, with all options
Completion date 86% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 5 offers Multiple Award, Fair Opportunity
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
CONCORD FARR, TN 37922, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00044 · The purpose of this modification is to revise implementation dates for change request 6972. $0
Supplemental Agreement for work within scope P00043 $0
Supplemental Agreement for work within scope P00042 · The purpose of this modification is to revise implementation date for CR 6972. $0
Supplemental Agreement for work within scope P00041 · The purpose of this modification is to DE-obligate excess funding that will not be invoiced for clins 3006AB, 3006AC, 3011, 3012, 3013, 4006AA, 4006AB,… -$3,559,325
Terminate for Convenience P00040 · The purpose of this modification is to DE-obligate funding as a result of termination for convenience of change order #11 CR 7192 requirements. -$3,060
Supplemental Agreement for work within scope P00039 · Unified servicing and data solution. The purpose of this modification is to revise the implementation dates, artifacts, compliance statement due date, and add… $2,951
Supplemental Agreement for work within scope P00038 · The purpose of this modification is to add additional funding to change order #2: save july administrative stay requirements. $53,443
Supplemental Agreement for work within scope P00037 · The purpose of this modification is to revise the implementation dates for change request 6676 and change request 6972. $0
Definitize Change Order P00036 · The purpose of this modification is to definitize requirements, firm fixed price funding, and additional funding for CR 7213. $4,976
Funding Only Action P00035 · Add additional funding to clins 5001, 5002, 5003AA, 5004, and 5006AB for september 2025 invoice shortage. $1,873,783
Supplemental Agreement for work within scope P00033 · The purpose of this modification is to revise implementation dates for CRS 7420 OB3 servicer IBR changes, CR 6822 fine grain forbearance reporting's phase 4.… -$2,099,558
Supplemental Agreement for work within scope P00034 · This modification is issued to document and provide extensions to stop work orders in accordance with contract far clause 52.242-15 stop work order (AUG 1989). $0
Supplemental Agreement for work within scope P00032 · The purpose of this modification is the extension of the stop work orders for CR 7036 single sign on, CR 7054, and certain IDR requirements and correct the… $0
Supplemental Agreement for work within scope P00031 · The purpose of this modification is to revise the phase III implementation dates, phase IV release date and to add additional funding for CR 6676. $365
Supplemental Agreement for work within scope P00030 · Extend SWO for CR 7036 for 90 days, revise implementation dates for CR 7150, add requirements associated with implementing CR 7312, and add funding and… $51,655
Funding Only Action P00029 · The purpose of this modification is to deobligate excess funding for clins 0003AF, 0006AC, 0018, 1011AA, 1011AB, 1011AC, 2006AA, and 2006AB. -$750,171
Supplemental Agreement for work within scope P00028 · Add funding and requirements associated with implementing CR 7420 obbba - servicer IBR changes, add funding associated with the latest employment cost index… $229,629
Exercise an Option P00027 · The purpose of this modification is to extend the current task order by adding funding and increasing the quantity and values in the total amount of… $23,375,000
Supplemental Agreement for work within scope P00026 · The purpose of this modification is to add a clin, and firm fixed price funding to the contract for change order 15. Add funding and requirements associated… $107,093
Supplemental Agreement for work within scope P00025 · The purpose of this modification is to add funding and requirements associated with implementing change request 7357 and change request 7385, and to add… $135,502
Supplemental Agreement for work within scope P00024 · The purpose of this modification is to extend the single sign on stop work order 45 days from the executed date of the modification. $0
Supplemental Agreement for work within scope P00023 · Definitize change order 22, add funding and details for performance incentive for at-risk borrowers, and document the issuance and extensions of the stop work… $1,321,865
Exercise an Option P00022 · Extend the current task order by adding option period clins, increase the quantity and values of the option, and to exercise the option period clins in the… $28,690,325
Definitize Change Order P00021 · The purpose of this modification is to definitize requirements and firm fixed price funding for change orders 9, 12, 13, and 14 issued as not to exceed.… -$398,311
Exercise an Option P00020 · Extend the current task order by adding option period clins, increase the quantity and values of the option, and to exercise the option period clins in the… $14,443,413
Definitize Change Order P00019 · The purpose of modification P00019 is to definitize requirements and firm fixed price funding for change order 21 issued as not to exceed. Adding clins and firm… $15,681
Other Administrative Action P00018 · Document the issuance on january 17, 2025, and lift on april 10, 2025, of a stop work order in accordance with contract far clause 52.242-15 stop work order… $0
Funding Only Action P00017 · The purpose of the modification P00017 is to extend the current task order by adding option period clins, increase the quantity and values of the option, and to… $14,467,949
Other Administrative Action P00016 · Operations and maintenance (O & M) task order $0
Change Order P00015 · The purpose of modification P00015 is to issue a change order to add funding and requirements for CR 7331. $15,127
Exercise an Option P00014 · The purpose of modification P00014 is to fund the optional clins in the amount of $29,429,725.54. Add far clause 52.240-1 prohibition on unmanned aircraft… $29,429,726
Exercise an Option P00013 · The purpose of modification P00013 is to increase the quantity and values of the options and to exercise the option period clins in the total amount of… $13,638,000
Supplemental Agreement for work within scope P00012 · The purpose of modification P00012 is to definitize requirements and firm fixed price funding for change orders 5, 6, 7, 8, 10 and 11 issued as not to exceed,… -$450,319
Funding Only Action P00011 · Deobligation in the amount of $1,000,000.00. Clin 0003AC is decreased from $1,000,000.00, by $1,000,000.00, to $0.00. -$1,000,000
Change Order P00010 · The purpose of modification P00010 is to formalize requirements and funding for change orders issued in october 2024AND issue a change order to add CR… $878,226
Supplemental Agreement for work within scope P00009 · The purpose of this MOD is to increase the quantity, values and to exercise the option period clins with a POP of 11/1/2024-12/31/2024.the total obligated… $28,134,607
Supplemental Agreement for work within scope P00008 · The purpose of this modification is to formalize requirements and funding for change orders issued in JUL and AUG 2024, add funds for CR 7170-IDR-moving of… $1,408,248
Supplemental Agreement for work within scope P00007 · The purpose of this modification is to incorporate CR 6822 - fine grain forbearance reporting to nslds - revised and provide additional funding clins 1-4. $4,133,856
Supplemental Agreement for work within scope P00006 · The purpose of this modification is to incorporate CR 7054 - nslds IDR proxy ineligible months and provide additional funding in the amount of $184,441.30. $184,441
Other Administrative Action P00005 · The purpose of modification P00005 is adding funding associated with the latest employment cost index (ECI) release, in accordance with the economic price… $150,341
Supplemental Agreement for work within scope P00004 · The purpose of this modification is to add funding and requirements with implementing change request 7067 - joint consolidation loan separation - phase 1 for… $3,230
Supplemental Agreement for work within scope P00003 · The purpose of this modification is funding and requirements for CR 7125-usds servicer information portal integration with aims MFA-nelnet, firm-fixed price… $0
Supplemental Agreement for work within scope P00002 · The purpose of this modification is adding funding and requirements for CR 6972 -usds-3RD catch-up CR for usds servicers to provide update to business… $121,127
Supplemental Agreement for work within scope P00001 · The purpose of modification P00001 is adding funding and requirements as follows CR 6676 usds consolidation originator updates and CR 7026 usds… $147,554
Original award $54,552,973
Show all 45

About this award

Written by GovTribe AI ·

The Office of Federal Student Aid issued a $209.3 million delivery order to Edfinancial Services LLC on July 1, 2024, under the Unified Servicing and Data Solution master IDIQ. The order is a fixed-price-with-economic-price-adjustment call for operations and maintenance work on student loan servicing, performed under the parent contract's requirements, and its stated purpose is to revise implementation dates for Change Request 6972. Place of performance is Concord Farr, TN 37922, USA. The order carries an ultimate completion date of March 20, 2027, and the ceiling value is $209.3 million. No set-aside was used.

Service Contract Inventory reporting shows $168.9 million invoiced in FY2025 across 791 FTEs and 1,645,155 contractor hours, up from $24.9 million across 140 FTEs and 290,969 contractor hours in FY2024. The derived government-paid hourly rate rose from $85.41 in FY2024 to $102.68 in FY2025. The source flags these as blended prime-plus-subcontractor figures in years with subcontracting, so treat them as approximate. The awardee performs in a prime role. One subcontractor was reported in FY2025, accounting for 3% of contractor hours.

Description

As the agency reported it.

Operations and maintenance (O & M) task order for student loan servicing in accordance with the requirements of the usds contract. All work and deliverables provided must be in accordance with the requirements of the contract for the task order.

Quick answers

Who was awarded contract 91003124F0319?

91003124F0319 was awarded to Edfinancial Services LLC by Office of Federal Student Aid (Department of Education) on July 1, 2024.

How much is contract 91003124F0319 worth?

The government has obligated $209,310,339 on 91003124F0319.

Is contract 91003124F0319 an order under another contract?

Yes. 91003124F0319 is a delivery order under 91003123D0003, an indefinite delivery contract, on Unified Servicing and Data Solution.

Was contract 91003124F0319 competed?

The extent of competition for 91003124F0319 was full and open competition. The government received 5 offers.

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