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…
Ended Awarded Last action
- Contract number
- 91003119F0317
- Awardee
-
Pennslyvania Higher Education Assistance Agency UEI Q1NHK42T4EB5 Part of Commonwealth Of Pennsylvania
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $4,968,018
Award facts
- Contract value 82% obligated
- $6,068,018.10 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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
- 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 | -$194,982 | |
| Funding Only Action | $1,595,000 | |
| Funding Only Action | $1,668,000 | |
| Original award | $1,900,000 |
About this award
The Department of Education's Office of Federal Student Aid awarded a $6,068,018.10 delivery order to the Pennsylvania Higher Education Assistance Agency (PHEAA), doing business as FedLoan Servicing, to provide servicing of Title IV student financial aid under Section 2212 of the Health Care and Education Reconciliation Act of 2010. This delivery order, awarded on March 29, 2019, covers a period from April 1, 2019 to August 31, 2019 and is specifically for loan consolidation services. PHEAA is a state government agency that is the nation's largest servicer of federal student loans, leveraging its expertise to administer various federal student aid programs on behalf of the Department of Education. This award does not have a set-aside designation.
Description
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 6/17/2009 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 4/1/2019 to 08/31/2019. The purpose of this task order is to provide funding for loan consolidation services.
Quick answers
Who was awarded contract 91003119F0317?
91003119F0317 was awarded to Pennslyvania Higher Education Assistance Agency by Office of Federal Student Aid (Department of Education) on March 29, 2019.
How much is contract 91003119F0317 worth?
The government has obligated $4,968,018 on 91003119F0317. Its current value, with exercised options, is $6,068,018.
Is contract 91003119F0317 an order under another contract?
Yes. 91003119F0317 is a delivery order under EDFSA09D0014, an indefinite delivery contract.
Was contract 91003119F0317 competed?
The extent of competition for 91003119F0317 was full and open competition. The government received 1 offer.
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