Specialty task services (STS) task order is for image repository, decommissioned servicer data and payment support, ffel guaranty agency rehabilitation loan purchases, and legacy loan consolidation…

Active Awarded Last action

Contract number
91003124F0301
Awardee
Awarding agency
Obligated
$55,249,334

Award facts

Opportunity
Contract value 44% obligated
  • $52,223,006.96 Current, with exercised options
  • $126,793,695.41 Potential, with all options
Completion date 26% complete
  • Current, with exercised options
  • Potential, with all options
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
Washington, DC 20202, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00020 · Unified servicing and data solution. The purpose of this add additional funding to clin 8 and clin 12 for increase quantity due to funding shortfall through DEC… $2,311,000
Supplemental Agreement for work within scope P00018 · The purpose of this modification add additional funding for the increase in quantity for the month of march 2026. $36,180
Exercise an Option P00017 · The purpose of this modification is to exercise the option period from april 1, 2026 through march 31, 2027, in accordance with far clause 52.217-9-option to… $12,126,077
Exercise an Option P00016 · The purpose of this modification is to exercise the option period from january 1, 2026, through march 31, 2026, in accordance with far clause 52.217-9-option to… $3,873,457
Exercise an Option P00015 · The purpose of this modification is to exercise the option period 1A from october 1, 2025, through december 31, 2025, in accordance with far clause… $5,614,524
Supplemental Agreement for work within scope P00014 · Add funds to clin 10 for new activities for guaranty agencies that went through the loan purchase process. $3,148
Supplemental Agreement for work within scope P00013 · This task order, entitled specialty task services (STS), is issued for the contract services associated with usds contract clins 8,9,10, and 12. $3,186,759
Funding Only Action P00012 · Deobligation excess funding from clins 0006, 0009, 0011, 0013. -$3,894
Supplemental Agreement for work within scope P00011 · Exercise far clause 52.217-8 option to extend services for two additional month. $3,883,345
Supplemental Agreement for work within scope P00010 · This task order, entitled specialty task services (STS), is issued for the contract services associated with usds contract clins 8,9,10, and 12. $744,781
Supplemental Agreement for work within scope P00009 · Exercise far clause 52.217-8 option to extend services for one additional month. $1,470,777
Supplemental Agreement for work within scope P00008 · The purpose of modification P00008 is to exercise far 52.217-8 option to extend services for one additional month. The period of performance will be extended… $3,069,057
Exercise an Option P00007 · The purpose of this modification is to adjust the quantity and values of the options to exercise the option period clins, with a period of performance of… $3,460,151
Exercise an Option P00006 · The purpose of modification P00006 is to adjust the quantity and values of the options to exercise the option period clins, with a period of performance of… $1,387,528
Supplemental Agreement for work within scope P00005 · The purpose of this modification is to add additional quantities and funding for task order clin 0002AE - clin 9 and exercise and fund the current option period… $3,138,728
Other Administrative Action P00004 · The purpose of modification P00004 is adding funding associated with the latest ECI release, in accordance with the economic price adjustment terms as written… $1,581,700
Supplemental Agreement for work within scope P00003 · The purpose of modification P00003 is to add funding for the period of 07/01/2024-10/31/2024 and revise the period of performance for the optional subclins. $4,711,209
Supplemental Agreement for work within scope P00002 · The purpose of modification P00002 is to increase the quantity and funding of clins 0001 and 0002. $1,281,908
Supplemental Agreement for work within scope P00001 · The purpose of modification P00001 is to add funding and change the base period of performance with the inclusion of optional subclins. $3,372,898
Original award $0
Show all 20

About this award

Written by GovTribe AI ·

The Office of Federal Student Aid issued a delivery order to Nelnet Servicing LLC on April 1, 2024, with a ceiling value of $126.8 million under the Unified Servicing and Data Solution (USDS) multiple-award IDIQ. The order adds funding to existing contract line items 8 and 12 to address a funding shortfall through December 31, 2026, and covers image repository management, decommissioned servicer data and payment support, FFEL guaranty agency rehabilitation loan purchases, and legacy loan consolidation origination and disbursement support.

Place of performance is Washington, DC. The ultimate completion date is March 31, 2034. The order is priced fixed price with economic price adjustment.

In FY2024, the order invoiced $8.5 million across 12.9 FTEs and 26,909 contractor hours, deriving a government-paid hourly rate of $317.15. FY2025 invoicing reached $21.7 million across 33.3 FTEs, reflecting year-over-year growth. Nelnet self-performed all reported hours with no subcontractor involvement.

Description

As the agency reported it.

Specialty task services (STS) task order is for image repository, decommissioned servicer data and payment support, ffel guaranty agency rehabilitation loan purchases, and legacy loan consolidation origination and disbursement support functions.

Quick answers

Who was awarded contract 91003124F0301?

91003124F0301 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on April 1, 2024.

How much is contract 91003124F0301 worth?

The government has obligated $55,249,334 on 91003124F0301. Its current value, with exercised options, is $52,223,007. Its potential value, with all options, is $126,793,695.

Is contract 91003124F0301 an order under another contract?

Yes. 91003124F0301 is a delivery order under 91003123D0005, an indefinite delivery contract, on Unified Servicing and Data Solution.

Was contract 91003124F0301 competed?

The extent of competition for 91003124F0301 was full and open competition. The government received 8 offers.

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