Operations and maintenance (o & m) task order for student loan servicing in accordance with the requirements of the usds contract.
Ended Awarded Last action
- Contract number
- 91003125F0044
- Awardee
-
Nelnet Servicing LLC UEI MNXKQ62J7AE8
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $159,325,342
Award facts
- Contract value 101% obligated
-
- $154,873,108.26 Current, with exercised options
- $157,273,108.26 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- 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
- Lincoln, NE 68508, 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 |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | -$1,122,753 | |
| Supplemental Agreement for work within scope | $603,385 | |
| Supplemental Agreement for work within scope | $3,668 | |
| Supplemental Agreement for work within scope | $46,124 | |
| Supplemental Agreement for work within scope | $78,977 | |
| Supplemental Agreement for work within scope | $51,243 | |
| Supplemental Agreement for work within scope | $3,065,551 | |
| Funding Only Action | $495,811 | |
| Exercise an Option | $71,099,033 | |
| Supplemental Agreement for work within scope | $74,363 | |
| Supplemental Agreement for work within scope | $110,741 | |
| Supplemental Agreement for work within scope | $8,377,950 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $2,000,000 | |
| Original award | $74,441,249 |
Show all 17
About this award
The Office of Federal Student Aid issued a delivery order to Nelnet Servicing LLC on October 1, 2025, under the Unified Servicing and Data Solution (USDS) IDIQ for operations and maintenance of federal student loan servicing, with a ceiling value of $157.3 million and ultimate completion date of December 31, 2026.
The USDS IDIQ, awarded to Nelnet on April 25, 2023, through April 24, 2033, carries a $16 billion ceiling and supports operations and maintenance, specialty loan assignment services, and platform modernization for federal student loan servicing. Place of performance is Lincoln, Nebraska. This delivery order is priced as fixed price with economic price adjustment. A recent modification revised the implementation due date for revised requirements affecting Output Block 3 (IDR, TPD, and Death 1099 reporting) from October 31, 2026, to December 31, 2026. Nelnet self-performs approximately 98 to 99 percent of delivery under its federal student loan servicing contracts.
Quick answers
Who was awarded contract 91003125F0044?
91003125F0044 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on October 1, 2025.
How much is contract 91003125F0044 worth?
The government has obligated $159,325,342 on 91003125F0044. Its current value, with exercised options, is $154,873,108. Its potential value, with all options, is $157,273,108.
Is contract 91003125F0044 an order under another contract?
Yes. 91003125F0044 is a delivery order under 91003123D0005, an indefinite delivery contract, on Unified Servicing and Data Solution.
Was contract 91003125F0044 competed?
The extent of competition for 91003125F0044 was full and open competition. The government received 8 offers.
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