IDIQ: servicing of title IV student financial aid. Task order: to provide title IV aid servicing for data storage services.
Ended Awarded Last action
- Contract number
- EDENFS16F0005
- Awardee
-
Nelnet Servicing LLC UEI MNXKQ62J7AE8
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $295,517
Award facts
- Contract value 100% obligated
- $295,516.94 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 | -$210,483 | |
| Original award | $506,000 |
About this award
This federal contract award, with ID EDFSA09D0013|EDENFS16F0005, was issued by the U.S. Department of Education's Office of Federal Student Aid to Nelnet Servicing LLC, a for-profit limited liability company based in Lincoln, Nebraska. The contract is a delivery order under the Department's Unified Servicing and Data Solution (USDS) indefinite-delivery, indefinite-quantity (IDIQ) contract vehicle, with a firm fixed price of $295,516.94.
The contract is for the servicing of Title IV student financial aid, specifically to provide data storage services. Nelnet Servicing LLC, as a prime contractor under the USDS IDIQ, plays a crucial role in modernizing the Department's legacy student loan servicing systems and consolidating all federal student aid recipients under a single data processing platform. This contract award is not set-aside and is part of the Department's broader efforts to streamline services for millions of student loan borrowers by 2023.
Quick answers
Who was awarded contract EDENFS16F0005?
EDENFS16F0005 was awarded to Nelnet Servicing LLC by Office of Federal Student Aid (Department of Education) on December 31, 2015.
How much is contract EDENFS16F0005 worth?
The government has obligated $295,517 on EDENFS16F0005.
Is contract EDENFS16F0005 an order under another contract?
Yes. EDENFS16F0005 is a delivery order under EDFSA09D0013, an indefinite delivery contract.
Was contract EDENFS16F0005 competed?
The extent of competition for EDENFS16F0005 was full and open competition. The government received 1 offer.
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