/ critical function base award: servicing of title IV student financial aid. TAS code: to provide title IV student loan management and servicing to secondary education students. Specific compliance…

Ended Awarded Last action

Contract number
0007
Awardee
Awarding agency
Obligated
$12,425,980

Award facts

Contract value 100% obligated
$12,425,980.36 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 · 1 offer Multiple Award, Fair Opportunity
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Lincoln, NE 68508, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action 10 -$3,074,020
Close Out 11 · "critical function" task order description: to order services for total and permanent disability (TPD), in accordance with the terms and conditions of the… $0
Funding Only Action 9 $5,200,000
Funding Only Action 8 · / critical function base award: to order services for total and permanent disability (TPD), in accordance with the terms and conditions of the base IDIQ… $3,400,000
Other Administrative Action 7 · / critical function task order: to order services for total and permanent disability (TPD), in accordance with the terms and conditions of the base IDIQ… $0
Funding Only Action 6 $600,000
Other Administrative Action 5 -$8,500,000
Funding Only Action 4 $8,500,000
Funding Only Action 3 · / critical function base award: to order services for total and permanent disability (TPD), in accordance with the terms and conditions of the base IDIQ… $2,000,000
Funding Only Action 2 · / critical function task order: to order services for total and permanent disability (TPD), in accordance with the terms and conditions of the base IDIQ… $1,500,000
Funding Only Action 1 · / critical function base award: to order services for total and permanent disability (TPD), in accordance with the terms and conditions of the base IDIQ… $900,000
Original award $1,900,000
Show all 12

Description

/ critical function base award: servicing of title IV student financial aid. TAS code: to provide title IV student loan management and servicing to secondary education students. Specific compliance activities for servicing federally held assets may include, but are not limited to: (1) security; (2) loan conversion, (3) financial reconciliation; (4) servicing; (5) reporting; (6) record retention; and (7) audit response support. Task order: to order services for total and permanent disability (TPD), in accordance with the terms and conditions of the base IDIQ contract.

Quick answers

Who was awarded contract 0007?

0007 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on July 1, 2013.

How much is contract 0007 worth?

The government has obligated $12,425,980 on 0007.

Is contract 0007 an order under another contract?

Yes. 0007 is a delivery order under EDFSA09D0013, an indefinite delivery contract.

Was contract 0007 competed?

The extent of competition for 0007 was full and open competition. The government received 1 offer.

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