/ critical function IDIQ: servicing of title IV student financial aid. Task order 0020: provide funding for PIV-i implementation, in accordance with the terms and conditions of the base contract.

Ended Awarded Last action

Contract number
0020
Awardee
Awarding agency
Obligated
$474,225

Award facts

Contract value 100% obligated
$474,225.00 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
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
Close Out P00001 · 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.… $0
Funding Only Action 1 · Critical function base award: servicing of title IV student financial aid. Modification description: the purpose of this modification is to deobligate funds… -$305,775
Original award $780,000

About this award

This is a delivery order awarded to Nelnet Servicing LLC under the U.S. Department of Education's Unified Servicing and Data Solution (USDS) indefinite-delivery, indefinite-quantity (IDIQ) contract vehicle. The $474,225 fixed-price with economic price adjustment order is for funding to implement the Personal Identity Verification-Interoperable (PIV-I) system, in accordance with the base contract's terms and conditions. Nelnet Servicing LLC is a for-profit limited liability company that provides comprehensive student loan servicing and administration services to the Department of Education's Office of Federal Student Aid. The contract has no set-aside designation. Nelnet Servicing LLC is the prime contractor, and there is no information provided about any subcontractors. The USDS IDIQ, valued at $16 billion, aims to consolidate all federal student aid recipients under a single data processing system operated by prime contractors like Nelnet, as part of the Department's efforts to modernize its legacy student loan servicing systems.

Quick answers

Who was awarded contract 0020?

0020 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on September 23, 2015.

How much is contract 0020 worth?

The government has obligated $474,225 on 0020.

Is contract 0020 an order under another contract?

Yes. 0020 is a delivery order under EDFSA09D0013, an indefinite delivery contract.

Was contract 0020 competed?

The extent of competition for 0020 was full and open competition. The government received 4 offers.

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