/ critical function IDIQ: servicing of title IV student financial aid. Task order: servicing of title IV student financial aid, from 9/1/2015 through 8/31/2016. Provides funding for title IV aid…
Ended Awarded Last action
- Contract number
- 0019
- Awardee
-
Nelnet Servicing LLC UEI MNXKQ62J7AE8
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $126,939,910
Award facts
- Contract value 100% obligated
- $126,939,909.83 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
- Fixed Price with Economic Price Adjustment
- Place of performance
- Lincoln, NE 68508, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Funding Only Action | $5,052 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | $14,128 | |
| Funding Only Action | $528,201 | |
| Funding Only Action | $8,694,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $19,180 | |
| Funding Only Action | -$800,000 | |
| Supplemental Agreement for work within scope | $166,500 | |
| Supplemental Agreement for work within scope | $50,875 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | $36,556,000 | |
| Supplemental Agreement for work within scope | $22,625 | |
| Supplemental Agreement for work within scope | $14,625 | |
| Funding Only Action | $8,638,000 | |
| Supplemental Agreement for work within scope | $100,500 | |
| Change Order | $177,625 | |
| Change Order | $67,125 | |
| Change Order | $24,500 | |
| Change Order | $35,625 | |
| Funding Only Action | $20,490,000 | |
| Change Order | $6,000 | |
| Change Order | $1,125 | |
| Funding Only Action | $9,922,000 | |
| Change Order | $339,375 | |
| Change Order | $32,625 | |
| Change Order | $18,750 | |
| Supplemental Agreement for work within scope | $0 | |
| Change Order | $15,000 | |
| Funding Only Action | $9,265,000 | |
| Original award | $32,535,474 |
Show all 32
About this award
This federal contract award is for the servicing of Title IV student financial aid, provided under a task order from the U.S. Department of Education's Office of Federal Student Aid. The contract, valued at $126,939,909.83, is a fixed-price delivery order with economic price adjustment, awarded to the prime contractor Nelnet Servicing LLC, a for-profit limited liability company based in Lincoln, Nebraska. The award is part of the Unified Servicing and Data Solution (USDS) indefinite-delivery, indefinite-quantity (IDIQ) contract vehicle, a $16 billion multiple-award IDIQ contract aimed at consolidating federal student aid recipients under a single data processing system. The contract provides funding for Title IV aid servicing through approximately December 31, 2015, as well as the Delinquency Reduction Compensation Program, in a not-to-exceed amount of $500,000 per quarter and $2,000,000 annually. There is no set-aside designation for this award.
Description
/ critical function IDIQ: servicing of title IV student financial aid. Task order: servicing of title IV student financial aid, from 9/1/2015 through 8/31/2016. Provides funding for title IV aid servicing through approximately 12/31/2015. Provides funding for the delinquency reduction compensation program, in a not-to-exceed amount of $500,000 per quarter and $2,000,000 annually
Quick answers
Who was awarded contract 0019?
0019 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on September 1, 2015.
How much is contract 0019 worth?
The government has obligated $126,939,910 on 0019.
Is contract 0019 an order under another contract?
Yes. 0019 is a delivery order under EDFSA09D0013, an indefinite delivery contract.
Was contract 0019 competed?
The extent of competition for 0019 was full and open competition. The government received 4 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award