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
-
Pennslyvania Higher Education Assistance Agency UEI Q1NHK42T4EB5 Part of Commonwealth Of Pennsylvania
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- 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
- 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 | -$22,981 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $69,646 | |
| Other Administrative Action | -$8,881,655 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $258,000 | |
| Funding Only Action | -$258,000 | |
| Funding Only Action | $258,000 | |
| Funding Only Action | $20,810 | |
| Funding Only Action | $31,742,000 | |
| Supplemental Agreement for work within scope | $8,430 | |
| Funding Only Action | $16,924,000 | |
| Funding Only Action | $13,390 | |
| Supplemental Agreement for work within scope | $32,200 | |
| Funding Only Action | $16,932,000 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $338,438 | |
| Funding Only Action | $19,305,000 | |
| Funding Only Action | -$1,000,000 | |
| Funding Only Action | $24,572,400 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $47,160 | |
| Funding Only Action | $9,591 | |
| Funding Only Action | $22,729,000 | |
| Supplemental Agreement for work within scope | $140,420 | |
| Funding Only Action | $142,000 | |
| Supplemental Agreement for work within scope | $38,920 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $54,340 | |
| Funding Only Action | -$1,701,768 | |
| Supplemental Agreement for work within scope | $110,410 | |
| Supplemental Agreement for work within scope | $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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