/ critical function IDIQ: servicing of title IV student financial aid, in accordance with section 2212 of the health care and education reconciliation act of 2010 (PUB.l. 111-152, 124 stat. 1029).…
Ended Awarded Last action
- Contract number
- 91003118F0026
- Awardee
-
Nelnet Servicing LLC UEI MNXKQ62J7AE8
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $12,212,006
Award facts
- Contract value 85% obligated
- $14,420,750.00 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 · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- 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 | $20,750 | |
| Funding Only Action | $415,777 | |
| Supplemental Agreement for work within scope | $20,750 | |
| Funding Only Action | $1,000,000 | |
| Funding Only Action | $4,274,729 | |
| Funding Only Action | $2,900,000 | |
| Funding Only Action | $1,200,000 | |
| Funding Only Action | $1,200,000 | |
| Original award | $1,180,000 |
About this award
This is a firm-fixed-price delivery order under the Department of Education's (ED) Unified Servicing and Data Solution (USDS) Indefinite Delivery, Indefinite Quantity (IDIQ) contract, awarded to Nelnet Servicing LLC, a for-profit limited liability company. The $14,420,750.00 task order is for servicing the Total Permanent Disability program, a component of Title IV student financial aid, from March 1, 2018 through February 28, 2019. Nelnet, as a prime contractor under the USDS IDIQ, provides core student loan servicing capabilities to the ED Office of Federal Student Aid. This award is not designated as a set-aside contract.
Description
/ critical function IDIQ: servicing of title IV student financial aid, in accordance with section 2212 of the health care and education reconciliation act of 2010 (PUB.l. 111-152, 124 stat. 1029). Task order: servicing for total permanent disability program, from 3/1/2018 through 2/28/2019.
Quick answers
Who was awarded contract 91003118F0026?
91003118F0026 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on March 1, 2018.
How much is contract 91003118F0026 worth?
The government has obligated $12,212,006 on 91003118F0026. Its current value, with exercised options, is $14,420,750.
Is contract 91003118F0026 an order under another contract?
Yes. 91003118F0026 is a delivery order under EDFSA09D0013, an indefinite delivery contract.
Was contract 91003118F0026 competed?
The extent of competition for 91003118F0026 was full and open competition. The government received 1 offer.
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