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
- 91003124F0320
- Awardee
-
Missouri Higher Education Loan Authority UEI N76QY63KMM18
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $220,794,045
Award facts
- Contract value 100% obligated
- $220,794,044.78 Current and potential, with all options
- Completion date 78% 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 · 5 offers Multiple Award, Fair Opportunity
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- Washington, DC 20202, 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 | |
| Funding Only Action | -$2,786,417 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | -$7,654,519 | |
| Funding Only Action | $9,574,149 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | -$7,941 | |
| Definitize Change Order | $8,291 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | -$25,279,097 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $78,866 | |
| Supplemental Agreement for work within scope | $23,794 | |
| Supplemental Agreement for work within scope | $293,776 | |
| Supplemental Agreement for work within scope | $49,953 | |
| Supplemental Agreement for work within scope | $30,589 | |
| Supplemental Agreement for work within scope | $29,049,011 | |
| Supplemental Agreement for work within scope | $404,650 | |
| Supplemental Agreement for work within scope | $4,952 | |
| Supplemental Agreement for work within scope | $169,799 | |
| Supplemental Agreement for work within scope | $1,300,000 | |
| Exercise an Option | $29,673,353 | |
| Supplemental Agreement for work within scope | -$498,903 | |
| Exercise an Option | $15,232,937 | |
| Supplemental Agreement for work within scope | $10,724 | |
| Change Order | $0 | |
| Exercise an Option | $15,254,312 | |
| Change Order | $0 | |
| Change Order | $30,616 | |
| Supplemental Agreement for work within scope | $117,194 | |
| Exercise an Option | $31,701,870 | |
| Exercise an Option | $16,350,402 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | -$482,317 | |
| Funding Only Action | -$1,000,000 | |
| Change Order | $1,074,142 | |
| Supplemental Agreement for work within scope | $35,708,938 | |
| Supplemental Agreement for work within scope | $1,780,292 | |
| Supplemental Agreement for work within scope | $216,111 | |
| Supplemental Agreement for work within scope | $245,443 | |
| Other Administrative Action | $195,018 | |
| Supplemental Agreement for work within scope | $3,861 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $118,842 | |
| Supplemental Agreement for work within scope | $156,784 | |
| Original award | $69,644,570 |
Show all 47
About this award
The Office of Federal Student Aid issued a $220.8 million delivery order to Missouri Higher Education Loan Authority on July 1, 2024, under the Unified Servicing and Data Solution IDIQ, a multiple-award vehicle with a $16 billion ceiling running April 25, 2023 through April 24, 2033. The order is an operations and maintenance task order for student loan servicing performed under the USDS contract requirements, and this action modifies it to move Phase 1 implementation for CR 6972, the third USDS catch-up change request. Place of performance is Washington, DC. Performance runs through June 19, 2027 under Fixed Price with Economic Price Adjustment pricing. The order was issued with no set-aside, and the source names no subcontractors for it.
Service Contract Inventory reporting shows $41.2 million invoiced in FY2024 with 378 FTEs and 785,754 contractor hours, rising to $169.4 million in FY2025 with 1,157 FTEs and 2,406,868 contractor hours. The derived government-paid hourly rate rose from $52.40 to $70.37 across those years; it is a blended prime-and-subcontractor figure and treat it as approximate. In FY2025, nine subcontractors performed 30% of contractor hours, and the awardee is reported in a prime role.
Description
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 91003124F0320?
91003124F0320 was awarded to Missouri Higher Education Loan Authority by Office of Federal Student Aid (Department of Education) on July 1, 2024.
How much is contract 91003124F0320 worth?
The government has obligated $220,794,045 on 91003124F0320.
Is contract 91003124F0320 an order under another contract?
Yes. 91003124F0320 is a delivery order under 91003123D0004, an indefinite delivery contract, on Unified Servicing and Data Solution.
Was contract 91003124F0320 competed?
The extent of competition for 91003124F0320 was full and open competition. The government received 5 offers.
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