Modification: the purpose of this modification is to provide funding for title IV aid servicing through approximately 12/15/2019.
Ended Awarded Last action
- Contract number
- 91003119F0338
- Awardee
-
Nelnet Servicing LLC UEI MNXKQ62J7AE8
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $32,868,404
Award facts
- Contract value 45% obligated
- $73,777,350.80 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
- 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 | -$1,289,149 | |
| Funding Only Action | $13,692,692 | |
| Funding Only Action | $7,292,236 | |
| Supplemental Agreement for work within scope | $47,125 | |
| Supplemental Agreement for work within scope | $19,375 | |
| Supplemental Agreement for work within scope | $106,125 | |
| Original award | $13,000,000 |
About this award
This contract modification with Nelnet Servicing LLC, a for-profit limited liability company, provides $73,777,350.80 in funding from the Department of Education's Office of Federal Student Aid to continue Title IV student aid servicing through approximately December 15, 2019. Nelnet Servicing, as the prime contractor, provides a range of student loan administration services in support of federal student aid programs, including call center, payment processing, and reporting functions. This modification is part of a larger $941 million direct student loan servicing delivery order, as well as additional specialty task orders over $100 million, all awarded by the Department of Education's Office of Federal Student Aid with no set-aside designations. Nelnet Servicing performs this work out of its headquarters in Lincoln, Nebraska.
Quick answers
Who was awarded contract 91003119F0338?
91003119F0338 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on September 1, 2019.
How much is contract 91003119F0338 worth?
The government has obligated $32,868,404 on 91003119F0338. Its current value, with exercised options, is $73,777,351.
Is contract 91003119F0338 an order under another contract?
Yes. 91003119F0338 is a delivery order under EDFSA09D0013, an indefinite delivery contract.
Was contract 91003119F0338 competed?
The extent of competition for 91003119F0338 was full and open competition. The government received 4 offers.
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