/ 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
- 91003119F0310
- Awardee
-
Nelnet Servicing LLC UEI MNXKQ62J7AE8
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $11,624,182
Award facts
- Contract value 79% obligated
- $14,624,181.50 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 | -$1,309,846 | |
| Funding Only Action | $6,334,028 | |
| Funding Only Action | $3,600,000 | |
| Original award | $3,000,000 |
About this award
This is a firm fixed-price delivery order awarded by the Department of Education's Office of Federal Student Aid to Nelnet Servicing LLC, a for-profit limited liability company. The $14,624,181.50 order is for the servicing of the Total Permanent Disability program under the Critical Function IDIQ contract, which supports Title IV student financial aid administration in accordance with the Health Care and Education Reconciliation Act of 2010. The order covers the period from March 1, 2019 through August 31, 2019. Nelnet Servicing, as a prime contractor under the Department of Education's Unified Servicing and Data Solution IDIQ, provides core student loan servicing capabilities to the agency. This task order is part of Nelnet's broader support for the Department's student aid programs, including prior awards for direct student loan servicing, disability discharge processing, data storage, and other specialty services.
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 3/1/2019 through 8/31/2019.
Quick answers
Who was awarded contract 91003119F0310?
91003119F0310 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on March 1, 2019.
How much is contract 91003119F0310 worth?
The government has obligated $11,624,182 on 91003119F0310. Its current value, with exercised options, is $14,624,182.
Is contract 91003119F0310 an order under another contract?
Yes. 91003119F0310 is a delivery order under EDFSA09D0013, an indefinite delivery contract.
Was contract 91003119F0310 competed?
The extent of competition for 91003119F0310 was full and open competition. The government received 1 offer.
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