Critical function - task order 0001 provides 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…

Ended Awarded Last action

Contract number
0001
Awardee
Awarding agency
Obligated
$108,025,412

Award facts

Contract value 100% obligated
$108,025,412.48 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
Fixed Price with Economic Price Adjustment
Place of performance
Reston, VA 20190, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out 21 $0
Funding Only Action 20 -$65,333
Funding Only Action 19 · / critical function base award: servicing of title IV student financial aid. TAS code: to provide title IV student loan management and servicing to secondary… -$446,035
Other Administrative Action 18 · / critical function base award: task order 0001 provides servicing of title IV student financial aid in accordance with section 2212 of the health care and… $0
Funding Only Action 17 · / critical function task order: task order 0001 provides servicing of title IV student financial aid in accordance with section 2212 of the health care and… $25,000
Supplemental Agreement for work within scope 16 $18,960
Supplemental Agreement for work within scope 14 · Critical function base award: task order 0001 provides servicing of title IV student financial aid for the january 01, 2013 to december 31, 2013 time period.… $131,600
Funding Only Action 12 · Base award: task order 0001 provides servicing of title IV student financial aid for the january 01, 2013 to december 31, 2013 time period. Modification: to… $44,300,000
Other Administrative Action 10 · For critical functions base contract: the purpose of this contract is to provide federal direct loan servicing. Modification: this purpose of this… $0
Funding Only Action 9 · / critical function base award: task order 0001 provides servicing of title IV student financial aid in accordance with section 2212 of the health care and… $11,000,000
Change Order 8 · The purpose of this modification is to add change request 2010 (total and permanent disability requirements) to task order 0001. Task order 0001 is for direct… $13,420
Funding Only Action 7 · Base award: servicing of title IV direct loans. Modification: obligation of funds in the amount of $10,000,000, increasing the total contract value from… $10,000,000
Change Order 6 · "critical function". Base award: the purpose of this contract is to service federal student loans. Modification: the purpose of this modification is to… $47,800
Funding Only Action 5 · Base award: servicing of title IV direct loan. Modification: obligation of funds in the amount of $9,000,000,increasing the total contract value from… $9,000,000
Other Administrative Action 4 $8,000,000
Funding Only Action 3 · "critical function". The purpose of this modification is to provide operations funding for servicing borrowers, through approximately march 2013. $7,000,000
Funding Only Action 2 · "critical function"- the purpose of this modification is to provide funding for the servicing of federal student loans under task order 0001 of base contract… $7,000,000
Other Administrative Action 1 · Critical functions: the purpose of this modification is to extend the period of performance for task order 0001 by 6 months till the end of the base IDIQ… $0
Original award $12,000,000
Show all 19

Description

As the agency reported it.

Critical function - task order 0001 provides 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 january 01, 2013 to december 31, 2013 time period.

Quick answers

Who was awarded contract 0001?

0001 was awarded to Navient Corporation by Office of Federal Student Aid (Department of Education) on January 1, 2013.

How much is contract 0001 worth?

The government has obligated $108,025,412 on 0001.

Is contract 0001 an order under another contract?

Yes. 0001 is a delivery order under EDFSA09D0015, an indefinite delivery contract.

Was contract 0001 competed?

The extent of competition for 0001 was full and open competition. The government received 4 offers.

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