Servicing of title IV student financial aid, from 9/1/2016 through 8/31/2017. Provides funding for title IV aid servicing, through approximately 12/31/2016. Provides funding for the delinquency…

Ended Awarded Last action

Contract number
EDENFS16F0020
Awardee
Awarding agency
Obligated
$183,474,509

Award facts

Contract value 100% obligated
$183,474,508.50 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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
Close Out P00033 · The purpose of this modification is to do the following: 1. DE-obligate funding from clins 0012 ($9,590.51) and 0023 ($13,390.00). 2. Reduce the value to zero… -$22,981
Other Administrative Action P00032 $0
Funding Only Action 31 $69,646
Other Administrative Action 30 -$8,881,655
Other Administrative Action 28 $0
Other Administrative Action 29 $0
Funding Only Action 27 $258,000
Funding Only Action 26 -$258,000
Funding Only Action 25 $258,000
Funding Only Action 24 $20,810
Funding Only Action 23 $31,742,000
Supplemental Agreement for work within scope 22 $8,430
Funding Only Action 21 $16,924,000
Funding Only Action 20 $13,390
Supplemental Agreement for work within scope 19 $32,200
Funding Only Action 18 $16,932,000
Other Administrative Action 17 $0
Supplemental Agreement for work within scope 16 $338,438
Funding Only Action 15 $19,305,000
Funding Only Action 14 -$1,000,000
Funding Only Action 13 $24,572,400
Other Administrative Action 12 $0
Supplemental Agreement for work within scope 11 · Critical function base award: servicing of title IV student financial aid, in accordance with section 2212 of the health care and education reconciliation act… $47,160
Funding Only Action 10 · / critical function task order: task order EDENFS16F0020 provides servicing of title IV student financial aid in accordance with section 2212 of the health care… $9,591
Funding Only Action 9 $22,729,000
Supplemental Agreement for work within scope 8 $140,420
Funding Only Action 7 · Critical function base award: servicing of title IV student financial aid. Modification description: the purpose of this modification is to provide additional… $142,000
Supplemental Agreement for work within scope P00006 $38,920
Supplemental Agreement for work within scope P00005 $0
Supplemental Agreement for work within scope P00004 $54,340
Funding Only Action P00003 -$1,701,768
Supplemental Agreement for work within scope P00002 $110,410
Supplemental Agreement for work within scope P00001 · Task order: provides servicing of title IV student financial aid in accordance with section 2212 of the health care and education reconciliation act of 2010… $5,788
Original award $61,586,969
Show all 34

About this award

This federal contract award is for the servicing of Title IV student financial aid, provided by the Pennsylvania Higher Education Assistance Agency (PHEAA) to the U.S. Department of Education's Office of Federal Student Aid. The award, valued at $183,474,508.50, covers the period from September 1, 2016 through December 31, 2017.

The contract provides funding for Title IV aid servicing, including call center operations, financial reporting, loan consolidations, and servicing of TEACH Grants. It also includes funding for the Delinquency Reduction Compensation Program, with a not-to-exceed amount of $500,000 per quarter and $2,000,000 annually. The contract is a firm fixed-price delivery order, with no set-aside designation. PHEAA, a state government agency, is the prime contractor for this award, which is part of the Department of Education's larger student financial aid program.

Description

Servicing of title IV student financial aid, from 9/1/2016 through 8/31/2017. Provides funding for title IV aid servicing, through approximately 12/31/2016. Provides funding for the delinquency reduction compensation program, in a not-to-exceed amount of $500,000 per quarter and $2,000,000 annually.

Quick answers

Who was awarded contract EDENFS16F0020?

EDENFS16F0020 was awarded to Pennslyvania Higher Education Assistance Agency by Office of Federal Student Aid (Department of Education) on September 1, 2016.

How much is contract EDENFS16F0020 worth?

The government has obligated $183,474,509 on EDENFS16F0020.

Is contract EDENFS16F0020 an order under another contract?

Yes. EDENFS16F0020 is a delivery order under EDFSA09D0014, an indefinite delivery contract.

Was contract EDENFS16F0020 competed?

The extent of competition for EDENFS16F0020 was full and open competition. The government received 4 offers.

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