Operations and maintenance (O & M) to for student loan servicing in accordance with the requirements of the usds contract. All work and deliverables provided by the usds servicer must be in accordance…
Active Awarded Last action
- Contract number
- 91003125F0042
- Awardee
-
Edfinancial Services LLC UEI TB69PMAFZSK8
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $87,451,735
Award facts
- Contract value 100% obligated
- $87,451,735.33 Current and potential, with all options
- Completion date 55% 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 · 8 offers Multiple Award, Fair Opportunity
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- CONCORD FARR, TN 37922, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $103,751 | |
| Supplemental Agreement for work within scope | -$6,599 | |
| Supplemental Agreement for work within scope | -$6,535,506 | |
| Definitize Change Order | $154,385 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $15,871 | |
| Supplemental Agreement for work within scope | $18,210 | |
| Change Order | $1,057,869 | |
| Change Order | $126,936 | |
| Supplemental Agreement for work within scope | $0 | |
| Definitize Change Order | $78,673 | |
| Exercise an Option | $43,559,815 | |
| Supplemental Agreement for work within scope | $1,947 | |
| Supplemental Agreement for work within scope | $1,981,941 | |
| Supplemental Agreement for work within scope | $2,000,000 | |
| Original award | $44,894,441 |
Show all 18
About this award
The Office of Federal Student Aid issued a $87.45 million delivery order to Edfinancial Services LLC on October 1, 2025, under the Unified Servicing and Data Solution (USDS) contract for operations and maintenance of student loan servicing. This is a fixed-price delivery order with economic price adjustment authority, with ultimate completion scheduled for September 18, 2027.
USDS is a $16 billion IDIQ awarded April 25, 2023, running through April 24, 2033, supporting student loan servicing operations and data solutions for the Office of Federal Student Aid. Place of performance is Concord, Tennessee. The modification revises implementation dates for change requests 7443 and 7444.
Description
Operations and maintenance (O & M) to for student loan servicing in accordance with the requirements of the usds contract. All work and deliverables provided by the usds servicer must be in accordance with the requirements of the contract for the T
Quick answers
Who was awarded contract 91003125F0042?
91003125F0042 was awarded to Edfinancial Services LLC by Office of Federal Student Aid (Department of Education) on October 1, 2025.
How much is contract 91003125F0042 worth?
The government has obligated $87,451,735 on 91003125F0042.
Is contract 91003125F0042 an order under another contract?
Yes. 91003125F0042 is a delivery order under 91003123D0003, an indefinite delivery contract, on Unified Servicing and Data Solution.
Was contract 91003125F0042 competed?
The extent of competition for 91003125F0042 was full and open competition. The government received 8 offers.
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