Critical function base award: 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.…
Ended Awarded Last action
- Contract number
- 91003118F0349
- Awardee
-
Pennslyvania Higher Education Assistance Agency UEI Q1NHK42T4EB5 Part of Commonwealth Of Pennsylvania
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $195,672,260
Award facts
- Contract value 79% obligated
- $247,807,816.74 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 | -$20,698,475 | |
| Funding Only Action | $200,000 | |
| Supplemental Agreement for work within scope | $15,800 | |
| Supplemental Agreement for work within scope | $20,850 | |
| Supplemental Agreement for work within scope | $102,025 | |
| Supplemental Agreement for work within scope | $5,415 | |
| Funding Only Action | $3,000,000 | |
| Supplemental Agreement for work within scope | $25,400 | |
| Supplemental Agreement for work within scope | $15,600 | |
| Supplemental Agreement for work within scope | $4,086 | |
| Funding Only Action | $73,496,000 | |
| Funding Only Action | $959,088 | |
| Supplemental Agreement for work within scope | $175,460 | |
| Supplemental Agreement for work within scope | $6,650 | |
| Supplemental Agreement for work within scope | $5,100 | |
| Supplemental Agreement for work within scope | $38,109,240 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $38,567,693 | |
| Supplemental Agreement for work within scope | $10,760 | |
| Funding Only Action | $630,000 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $318,960 | |
| Supplemental Agreement for work within scope | $64,620 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $6,200 | |
| Supplemental Agreement for work within scope | $64,155 | |
| Funding Only Action | $248,403 | |
| Supplemental Agreement for work within scope | $19,230 | |
| Original award | $60,300,000 |
Show all 30
About this award
This is a federal contract awarded by the Department of Education's Office of Federal Student Aid to the Pennsylvania Higher Education Assistance Agency (PHEAA), doing business as FedLoan Servicing. The contract is for the servicing of Title IV student financial aid in accordance with Section 2212 of the Health Care and Education Reconciliation Act of 2010. It is a delivery order with a firm fixed-price pricing type, and the period of performance is from September 1, 2018 to August 31, 2019. The potential value of the contract is $247,807,816.74. There is no set-aside designation for this award. As the nation's largest servicer of federal student loans, PHEAA leverages its expertise to administer the federal Direct Loan program, including services such as call center operations, financial reporting, loan consolidations, and servicing of TEACH Grants.
Description
Critical function base award: 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: 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 09/01/2018 to 08/31/2019. Modification: the purpose of this modification is to create a new task order for contract ED-FSA-09-d-0014 with the period of performance: 9/01/2018 - 8/31/2019, and provide funding for title IV aid servicing through approximately 12/31/2018.
Quick answers
Who was awarded contract 91003118F0349?
91003118F0349 was awarded to Pennslyvania Higher Education Assistance Agency by Office of Federal Student Aid (Department of Education) on September 1, 2018.
How much is contract 91003118F0349 worth?
The government has obligated $195,672,260 on 91003118F0349. Its current value, with exercised options, is $247,807,817.
Is contract 91003118F0349 an order under another contract?
Yes. 91003118F0349 is a delivery order under EDFSA09D0014, an indefinite delivery contract.
Was contract 91003118F0349 competed?
The extent of competition for 91003118F0349 was full and open competition. The government received 4 offers.
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