Base award: LC 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) for the…
Ended Awarded Last action
- Contract number
- 91003118F0022
- Awardee
-
Pennslyvania Higher Education Assistance Agency UEI Q1NHK42T4EB5
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $7,040,355
Award facts
- Contract value 78% obligated
- $9,000,000.00 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 · 4 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Harrisburg, PA 17102, 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 | $461,145 | |
| Funding Only Action | $520,000 | |
| Funding Only Action | $1,880,100 | |
| Funding Only Action | $1,929,110 | |
| Other Administrative Action | $0 | |
| Original award | $2,250,000 |
About this award
The Department of Education's Office of Federal Student Aid awarded a delivery order to the Pennsylvania Higher Education Assistance Agency (PHEAA), which does business as FedLoan Servicing, for $9,000,000.00 to provide loan consolidation services and servicing of Title IV student financial aid. This delivery order, which has a performance period from April 1, 2018 to March 31, 2019, is a continuation of PHEAA's base contract for the servicing of Title IV student financial aid programs as directed by the Health Care and Education Reconciliation Act of 2010. The contract does not have a set-aside designation.
Description
Base award: LC 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) for the period of 6/17/2014 to 6/16/2019. Task order: LC 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) for the period of 04/01/2018 to 03/31/2019. Modification: the purpose of this modification is to provide loan consolidation services, through approximately june 30, 2018.
Quick answers
Who was awarded contract 91003118F0022?
91003118F0022 was awarded to Pennslyvania Higher Education Assistance Agency by Office of Federal Student Aid (Department of Education) on April 1, 2018.
How much is contract 91003118F0022 worth?
The government has obligated $7,040,355 on 91003118F0022. Its current value, with exercised options, is $9,000,000.
Is contract 91003118F0022 an order under another contract?
Yes. 91003118F0022 is a delivery order under EDFSA09D0014, an indefinite delivery contract.
Was contract 91003118F0022 competed?
The extent of competition for 91003118F0022 was full and open competition. The government received 4 offers.
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