/ critical function IDIQ: servicing of title IV student financial aid. Task order 0016: to order GA rehabilitation loan purchase program servicing, in accordance with the terms and conditions of the…

Ended Awarded Last action

Contract number
0016
Awardee
Awarding agency
Obligated
$282,479

Award facts

Contract value 100% obligated
$282,479.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Ann Arbor, MI 48108, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00001 · The purpose of this modification is to close the task order. $0
Funding Only Action 1 · Critical function base award: servicing of title IV student financial aid, in accordance with section 2212 of the health care and education reconciliation act… -$2,356
Original award $284,835

About this award

This is a delivery order contract awarded by the U.S. Department of Education's Office of Federal Student Aid to Great Lakes Educational Loan Services, Inc. The contract is for the servicing of Title IV student financial aid, specifically the Georgia Rehabilitation Loan Purchase Program. The contract is a fixed-price with economic price adjustment and has a ceiling value of $282,479.00. There is no set-aside designation for this award. The contract has an ultimate completion date of September 22, 2016. Great Lakes Educational Loan Services, Inc. is a for-profit organization that provides a variety of services in support of the federal direct student loan program, including call center operations, financial reporting, loan consolidation, and image repository services.

Description

/ critical function IDIQ: servicing of title IV student financial aid. Task order 0016: to order GA rehabilitation loan purchase program servicing, in accordance with the terms and conditions of the IDIQ contract.

Quick answers

Who was awarded contract 0016?

0016 was awarded to Great Lakes Educational Loan Services, Inc. by Office of Federal Student Aid (Department of Education) on September 23, 2015.

How much is contract 0016 worth?

The government has obligated $282,479 on 0016.

Is contract 0016 an order under another contract?

Yes. 0016 is a delivery order under EDFSA09D0012, an indefinite delivery contract.

Was contract 0016 competed?

The extent of competition for 0016 was full and open competition. The government received 3 offers.

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