The purpose of this new task order is to provide funding for loan consolidation services, through approximately january 31, 2020.

Ended Awarded Last action

Contract number
91003120F0325
Awardee
Awarding agency
Obligated
$13,446,720

Award facts

Contract value 34% obligated
$39,095,719.54 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
Firm Fixed Price
Place of performance
Lincoln, NE 68508, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00030 · Legacy loan servicing tivas. The purpose of this modification is to deobligate funds from clin 5006. -$333,441
Other Administrative Action P00029 · The purpose of this modification is to extend the loan consolidation services through december 31, 2024, at no additional cost to the government due to… $0
Other Administrative Action P00028 · The purpose of this modification is to change the administrative contracting officer from elvis taylor to paul KIM. Paul KIM can be reached at $0
Supplemental Agreement for work within scope P00027 · The purpose of this modification is to extend the loan consolidation services through october 31, 2024 and add funding in the amount of $800,639.14. Via clin… $800,639
Funding Only Action P00026 · The purpose of this modification is to provide funding through 5/31/2024 $551,410
Supplemental Agreement for work within scope P00025 · The purpose of this modification is to add additional funding via clin 5004 to contract ED-FSA-09-d-0013 task order 91003120F0325 in the amount of $13,699.00. $13,699
Supplemental Agreement for work within scope P00024 · The purpose of this modification is to extend service. $0
Supplemental Agreement for work within scope P00023 · The purpose of this modification is to extend the loan consolidation services through april 30, 2024 and add funding in the amount of $24,139.59. Via clin 5003. $24,140
Supplemental Agreement for work within scope P00022 · The purpose of this modification is to add funding and extend the period of performance to loan consolidation under task order 91003120F0325, from february… $786,368
Supplemental Agreement for work within scope P00021 · The purpose of this modification is to provide additional funding in the amount of $164,766.00 to cover the POP. $164,766
Supplemental Agreement for work within scope P00020 · The purpose of this modification is to add CUN 5000, which incorporates option period v with a period of performance from december 15, 2023, through february… $1,458,692
Funding Only Action P00019 · The purpose of this modification is to add funding in the amount of $ 86,029.62 via clin 4004 for o & m services through december 14, 2023. $86,030
Supplemental Agreement for work within scope P00018 · The purpose of this modification is to add funding in the amount of $591,306.00 through appx. 12/14/2023 via clin 4003 $591,306
Supplemental Agreement for work within scope P00017 · To provide loan consolidation servicing funding $1,495,502
Other Administrative Action P00016 · The purpose of this modification is to revise the funding period associated with clin 4001. $0
Exercise an Option P00015 · The purpose of this modification is to exercise option period IV from december 15, 2022, through december 14, 2023. $1,042,000
Funding Only Action P00014 $20,000
Funding Only Action P00013 $1,075,000
Funding Only Action P00012 $183,801
Funding Only Action P00011 $469,000
Funding Only Action P00009 $650,000
Funding Only Action P00008 · The purpose of this modification is to provide funding for loan consolidation (LC) through approximately 12/14/2021. $525,000
Exercise an Option P00007 · Add option period 3 and exercise the option period 12/15/2021 - 12/14/2022. $0
Exercise an Option P00006 · The purpose of this modification is to exercise option period II and provide funding. $650,000
Funding Only Action P00005 · The purpose of this modification is to provide funding only. $450,000
Funding Only Action P00004 $131,809
Funding Only Action P00003 · The purpose of this modification is to provide funding for loan consolidation servicing through approximately 12/31/20. $210,000
Exercise an Option P00002 · The purpose of this modification is to incorporate clins 1007 & 2001 and exercise option period 1, period of performance from 12/15/20 through 06/14/21. $0
Funding Only Action P00001 · The purpose of this modification is to provide funding for loan consolidation servicing through approximately 07/31/20. $921,000
Original award $1,480,000
Show all 30

About this award

Written by GovTribe AI ·

The Office of Federal Student Aid issued a delivery order to Nelnet Servicing LLC on December 16, 2019, with a ceiling value of $39.1 million for loan consolidation services through December 31, 2024, under a firm fixed-price arrangement. This is a delivery order against a legacy Indefinite Delivery Contract for federal student loan servicing.

Place of performance is Lincoln, Nebraska. The order was issued with no set-aside and covers legacy loan servicing operations and consolidation activities. Service Contract Inventory data shows the order's labor footprint grew substantially over time: FY2022 invoiced $1.9 million across 32.1 FTEs at $28.82 per hour; FY2023 invoiced $2.6 million across 41.6 FTEs at $30.03 per hour; FY2024 invoiced $5.3 million across 67.0 FTEs at $38.25 per hour, reflecting a rising government-paid hourly rate trend. FY2025 invoicing totaled $214 across 4.8 FTEs, indicating significant scope wind-down prior to the ultimate completion date. Nelnet self-performed all contractor hours across the reporting period with no subcontractor engagement.

Quick answers

Who was awarded contract 91003120F0325?

91003120F0325 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on December 16, 2019.

How much is contract 91003120F0325 worth?

The government has obligated $13,446,720 on 91003120F0325. Its current value, with exercised options, is $39,095,720.

Is contract 91003120F0325 an order under another contract?

Yes. 91003120F0325 is a delivery order under EDFSA09D0013, an indefinite delivery contract.

Was contract 91003120F0325 competed?

The extent of competition for 91003120F0325 was full and open competition. The government received 4 offers.

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