The purpose of this task order is to acquire and provide funding for loan consolidation services.

Ended Awarded Last action

Contract number
91003120F0322
Awardee
Awarding agency
Obligated
$15,517,700

Award facts

Contract value 35% obligated
$43,737,700.32 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
Harrisburg, PA 17102, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00015 · Modification to extend the period of performance. $0
Funding Only Action P00014 $1,434,000
Funding Only Action P00013 · The purpose of this modification is to provide funding for loan consolidation through approximately july 31, 2022. $2,200,000
Funding Only Action P00012 · The purpose of this modification is to provide funding for LC servicing from 12/15/2021 through 3/31/2022. $3,100,000
Exercise an Option P00011 · Add and exercise option period 3 (12/15/2021 through 12/14/2022). $0
Funding Only Action P00010 · The purpose of this modification is to provide FY22 funding for loan consolidation thru approximately 12/14/21. $900,000
Exercise an Option P00009 · The purpose of this modification is to add funding and exercise option period II. $1,700,000
Funding Only Action P00008 · The purpose of this modification is to provide funding. $345,000
Funding Only Action P00007 · The purpose of this modification is to provide funding for loan consolidation servicing through approximately 04/15/21. $146,441
Funding Only Action P00006 · The purpose of this modofication is to provide funding for loan consolidation servicing through approximately 03/31/20. The total contract value is increased by… $1,157,259
Exercise an Option P00005 · The purpose of this modification is to incorporate clins 1007 & 2001 and exercise option period 1. The period of performance is from 12/15/2020 through… $0
Funding Only Action P00004 · The purpose of this modification is to provide funding for loan consolidation servicing through approximately 12/15/20. $600,000
Funding Only Action P00003 · The purpose of this modification is to provide funding for LC servicing operations through approximately 07/31/20/ $1,435,000
Funding Only Action P00002 · The purpose of this modification is to provide funding for loan consolidation services. $2,500,000
Funding Only Action P00001 · The purpose of this modification is to DE-obligate improper funding from contract number edfsa- 09-d-0014 task order 91003120F0322. -$2,500,000
Original award $2,500,000
Show all 16

About this award

Written by GovTribe AI ·

The Department of Education's Office of Federal Student Aid awarded a $43,737,700.32 firm-fixed-price delivery order to the Pennsylvania Higher Education Assistance Agency (PHEAA), doing business as FedLoan Servicing, to provide loan consolidation services. PHEAA is a state government agency that specializes in administering federal student aid programs, including servicing Direct Loans and TEACH Grants. This delivery order does not have a set-aside designation and is part of PHEAA's larger portfolio of federal contracts with the Department of Education to support the federal student loan program. As the nation's largest federal student loan servicer, PHEAA leverages its expertise and infrastructure to deliver a range of services, including call center operations, financial reporting, and loan consolidation, to the Department of Education.

Quick answers

Who was awarded contract 91003120F0322?

91003120F0322 was awarded to Pennslyvania Higher Education Assistance Agency by Office of Federal Student Aid (Department of Education) on December 16, 2019.

How much is contract 91003120F0322 worth?

The government has obligated $15,517,700 on 91003120F0322. Its current value, with exercised options, is $43,737,700.

Is contract 91003120F0322 an order under another contract?

Yes. 91003120F0322 is a delivery order under EDFSA09D0014, an indefinite delivery contract.

Was contract 91003120F0322 competed?

The extent of competition for 91003120F0322 was full and open competition. The government received 4 offers.

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