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). Task order: to…
Ended Awarded Last action
- Contract number
- EDENFS16F0006
- Awardee
-
Pennslyvania Higher Education Assistance Agency UEI Q1NHK42T4EB5 Part of Commonwealth Of Pennsylvania
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $7,391,611
Award facts
- Contract value 67% obligated
- $11,061,611.37 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 · 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 | -$1,753,989 | |
| Funding Only Action | $3,670,000 | |
| Funding Only Action | $2,145,600 | |
| Original award | $7,000,000 |
About this award
This federal contract award, with ID EDFSA09D0014|EDENFS16F0006, was issued by the U.S. Department of Education's Office of Federal Student Aid to the Pennsylvania Higher Education Assistance Agency (PHEAA), which does business as FedLoan Servicing. The $11,061,611.37 firm fixed-price delivery order is for the servicing of Title IV student financial aid, in accordance with the Health Care and Education Reconciliation Act of 2010, as well as the provision of loan consolidation services for Title IV loans. The contract does not have a set-aside designation and has an ultimate completion date of December 31, 2016. PHEAA, a state government entity, is a major servicer of federal student loans and has been awarded numerous contracts and task orders to support the Department of Education's Direct Loan program through services such as call center operations, financial reporting, and loan consolidations.
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). Task order: to provide loan consolidation services for title IV loans.
Quick answers
Who was awarded contract EDENFS16F0006?
EDENFS16F0006 was awarded to Pennslyvania Higher Education Assistance Agency by Office of Federal Student Aid (Department of Education) on December 30, 2015.
How much is contract EDENFS16F0006 worth?
The government has obligated $7,391,611 on EDENFS16F0006. Its current value, with exercised options, is $11,061,611.
Is contract EDENFS16F0006 an order under another contract?
Yes. EDENFS16F0006 is a delivery order under EDFSA09D0014, an indefinite delivery contract.
Was contract EDENFS16F0006 competed?
The extent of competition for EDENFS16F0006 was full and open competition. The government received 4 offers.
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