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…

Ended Awarded Last action

Contract number
91003124F0311
Awardee
Awarding agency
Obligated
$31,293,493

Award facts

Contract value 100% obligated
$31,293,493.32 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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
Washington, DC 20202, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00017 · Deobligate excess funding from clin 6 subclin envelopes sent & clin 6 subclin alternative format documents -$554,175
Supplemental Agreement for work within scope P00016 · Deobligate excess funding from CR 7010 -$107,443
Supplemental Agreement for work within scope P00015 · Deobligate excess funding from partial termination of CRS 6955 and 7037 -$445,239
Supplemental Agreement for work within scope P00014 · This modification is issued to provide extension to stop work order IDR notice in accordance with contract far clause 52.242-15 stop work order (AUG 1989) $0
Supplemental Agreement for work within scope P00013 · This modification is issued to provide extensions to stop work orders in accordance with contract far clause 52.242-15 stop work order (AUG 1989). $0
Funding Only Action P00012 · Deobligation in the amount of $1,733,266.65. Clin 0006AA is decreased from $6,669,882.00 by $1,626,847.19, to $5,043,034.81. Clin 0006AB is decreased from… -$1,733,267
Other Administrative Action P00011 · Document the issuance of 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 P00010 · Add funding back onto the task order as a result of an adjustment to the negative performance incentive for FY2024 quarter 3. $343,266
Supplemental Agreement for work within scope P00009 · The purpose of this modification is to formalize stop work orders for save IDR and save processing, and a change order for save injunction requirements at no… $0
Supplemental Agreement for work within scope P00008 · The purpose of this modification is to deobligate funding that is not needed. -$18,846,592
Supplemental Agreement for work within scope P00007 · The purpose of modification P00007 is to formalize the requirements and funded amount for save recalc delay requirements. Places all borrowers on save with… $53,602
Supplemental Agreement for work within scope P00006 · The purpose of this modification is to add funding for CR 7037-SDR-usds student debt relief discharge processing. Additional types of forgiveness are being… $179,222
Change Order P00005 · The purpose of this modification is to formalize the change order issued by the contracting officer (CO) to stop work specific to CR 6955 borrower defense… $0
Supplemental Agreement for work within scope P00003 · The purpose of this modification is to incorporate funding and requirements for CR6927 FY24 financial audit handouts and CR 6979 usds servicer reporting… $56,483
Supplemental Agreement for work within scope P00004 · The purpose this modification is adding funding and requirements associated with implementing CR 7010 - usds - additional save. Usds servicers shall perform a… $124,448
Supplemental Agreement for work within scope P00002 · The purpose of this modification is to incorporate CR 7009 - usds - proxy payment update which revises contract requirements. $0
Supplemental Agreement for work within scope P00001 · The purpose of this modification is adding funding and requirements associated with CR 6955 borrower defense consolidation adjustments research servicers to… $427,307
Original award $51,795,880
Show all 18

About this award

Written by GovTribe AI ·

The Office of Federal Student Aid issued a delivery order to Missouri Higher Education Loan Authority (Mohela) on April 1, 2024, with a ceiling value of $31.3 million for operations and maintenance of student loan servicing, under the Unified Servicing and Data Solution (USDS) IDIQ.

The USDS is a $16 billion indefinite delivery vehicle supporting consolidation and modernization of federal student loan servicing capabilities, with an ultimate completion date of April 24, 2033. This delivery order is fixed-price with economic price adjustment and carries no set-aside designation. Place of performance is Washington, DC 20202. The order's ultimate completion date is March 31, 2026.

In fiscal year 2024, Mohela invoiced $30.3 million against this order, deploying 392 FTEs across 815,669 contractor hours at a derived blended rate of $37.15 per hour. Subcontractors performed 72 percent of contractor hours, with 12 subcontractors engaged.

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 91003124F0311?

91003124F0311 was awarded to Missouri Higher Education Loan Authority by Office of Federal Student Aid (Department of Education) on April 1, 2024.

How much is contract 91003124F0311 worth?

The government has obligated $31,293,493 on 91003124F0311.

Is contract 91003124F0311 an order under another contract?

Yes. 91003124F0311 is a delivery order under 91003123D0004, an indefinite delivery contract, on Unified Servicing and Data Solution.

Was contract 91003124F0311 competed?

The extent of competition for 91003124F0311 was full and open competition. The government received 5 offers.

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