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

Ended Awarded Last action

Contract number
0008
Awardee
Awarding agency
Obligated
$742,381

Award facts

Contract value 100% obligated
$742,381.25 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 · 4 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Lincoln, NE 68508, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action 2 · / critical function base award: servicing of title IV student financial aid. TAS code: to provide title IV student loan management and servicing to secondary… -$99,019
Close Out 3 · "critical function" task order description: order payment support services, under the terms and conditions of the base IDIQ contract number ED-FSA-09-d-0013.… $0
Funding Only Action 1 · / critical function base contract: task order 0008 - order payment support services, under the terms and conditions of the base IDIQ contract number… $441,400
Original award $400,000

Description

/ critical function base IDIQ contract: 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 0008: order payment support services, under the terms and conditions of the base IDIQ contract number ED-FSA-09-d-0013.

Quick answers

Who was awarded contract 0008?

0008 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on August 8, 2013.

How much is contract 0008 worth?

The government has obligated $742,381 on 0008.

Is contract 0008 an order under another contract?

Yes. 0008 is a delivery order under EDFSA09D0013, an indefinite delivery contract.

Was contract 0008 competed?

The extent of competition for 0008 was full and open competition. The government received 4 offers.

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