The purpose of this task order is to provide funding for loan consolidation services, through approximately january 31, 2020.
Ended Awarded Last action
- Contract number
- 91003120F0321
- Awardee
-
Great Lakes Educational Loan Services, Inc. UEI RJLKXXWKNDH3 Part of Nelnet Business Solutions, Inc.
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $5,453,734
Award facts
- Contract value 13% obligated
- $43,489,733.89 Current and potential, with all options
- Completion date 100% 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 · 4 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Madison, WI 53704, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Supplemental Agreement for work within scope | $11,480 | |
| Supplemental Agreement for work within scope | -$1,404,010 | |
| Exercise an Option | $980,000 | |
| Funding Only Action | $835,000 | |
| Funding Only Action | $440,000 | |
| Funding Only Action | $500,000 | |
| Funding Only Action | $411,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $800,000 | |
| Funding Only Action | $300,000 | |
| Funding Only Action | $354,264 | |
| Funding Only Action | $172,000 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $664,000 | |
| Funding Only Action | $1,390,000 | |
| Funding Only Action | -$1,390,000 | |
| Original award | $1,390,000 |
Show all 19
About this award
This is a delivery order awarded by the Department of Education's Office of Federal Student Aid to Great Lakes Educational Loan Services, Inc., a for-profit company that provides services related to federal student loans. The purpose of this $43,489,733.89 task order is to fund loan consolidation services through approximately January 31, 2020. The contract has a firm fixed price pricing structure and a completion date of May 20, 2024. Great Lakes Educational Loan Services, Inc. is a subsidiary of Nelnet Business Solutions, Inc., another for-profit organization. This award is not designated as a set-aside contract. Great Lakes Educational Loan Services, Inc. has a history of providing an array of services in support of the federal direct student loan program through various prime contract awards and delivery orders from the Department of Education's Office of Federal Student Aid.
Quick answers
Who was awarded contract 91003120F0321?
91003120F0321 was awarded to Great Lakes Educational Loan Services, Inc. by Office of Federal Student Aid (Department of Education) on December 16, 2019.
How much is contract 91003120F0321 worth?
The government has obligated $5,453,734 on 91003120F0321. Its current value, with exercised options, is $43,489,734.
Is contract 91003120F0321 an order under another contract?
Yes. 91003120F0321 is a delivery order under EDFSA09D0012, an indefinite delivery contract.
Was contract 91003120F0321 competed?
The extent of competition for 91003120F0321 was full and open competition. The government received 4 offers.
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