Base award: servicing of title IV student financial aid, in accordance with section 2212 of the health care and education reconciliation act of 2010 (PUB.l. 111-152, 124 stat. 1029) for the period…
Ended Awarded Last action
- Contract number
- 91003118F0344
- Awardee
-
Great Lakes Educational Loan Services, Inc. UEI RJLKXXWKNDH3
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $180,072,901
Award facts
- Contract value 76% obligated
- $237,253,305.81 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 522390 Other Activities Related to Credit Intermediation
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 4 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Ann Arbor, MI 48108, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$7,980 | |
| Funding Only Action | -$19,745,545 | |
| Supplemental Agreement for work within scope | $42,889 | |
| Supplemental Agreement for work within scope | $54,393 | |
| Supplemental Agreement for work within scope | $75,550 | |
| Supplemental Agreement for work within scope | $9,765 | |
| Supplemental Agreement for work within scope | $7,991 | |
| Supplemental Agreement for work within scope | $7,980 | |
| Supplemental Agreement for work within scope | $35,091 | |
| Funding Only Action | $68,146,000 | |
| Supplemental Agreement for work within scope | $177,387 | |
| Supplemental Agreement for work within scope | $2,625 | |
| Supplemental Agreement for work within scope | $22,832,630 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $13,844,205 | |
| Supplemental Agreement for work within scope | $7,205 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $79,890,980 | |
| Supplemental Agreement for work within scope | $71,148 | |
| Supplemental Agreement for work within scope | $14,630 | |
| Original award | $14,605,958 |
Show all 21
About this award
This federal contract award to Great Lakes Educational Loan Services, Inc., a for-profit organization, is for the servicing of Title IV student financial aid in accordance with Section 2212 of the Health Care and Education Reconciliation Act of 2010. The contract was awarded by the Department of Education's Office of Federal Student Aid and includes a base period from June 17, 2014, to June 16, 2019, as well as a task order covering the period from September 1, 2018, to August 31, 2019, with additional funding through approximately December 31, 2018. The award is a Firm Fixed Price delivery order contract with a potential value of $237,253,305.81. The contract does not have a set-aside designation.
Description
Base award: servicing of title IV student financial aid, in accordance with section 2212 of the health care and education reconciliation act of 2010 (PUB.l. 111-152, 124 stat. 1029) for the period of 6/17/2014 to 6/16/2019. Task order: servicing of title IV student financial aid in accordance with section 2212 of the health care and education reconciliation act of 2010 (PUB.l.111-152, 124 stat. 1029) for the period of 09/01/2018 to 08/31/2019. This task order also serves to provide funding under contract ED-FSA-09-d-0012 for title IV aid servicing through approximately 12/31/2018.
Quick answers
Who was awarded contract 91003118F0344?
91003118F0344 was awarded to Great Lakes Educational Loan Services, Inc. by Office of Federal Student Aid (Department of Education) on September 1, 2018.
How much is contract 91003118F0344 worth?
The government has obligated $180,072,901 on 91003118F0344. Its current value, with exercised options, is $237,253,306.
Is contract 91003118F0344 an order under another contract?
Yes. 91003118F0344 is a delivery order under EDFSA09D0012, an indefinite delivery contract.
Was contract 91003118F0344 competed?
The extent of competition for 91003118F0344 was full and open competition. The government received 4 offers.
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