/ critical function base award: servicing of title IV student financial aid. TAS code: to provide title IV student loan management and servicing to secondary education students. Specific compliance…
Ended Awarded Last action
- Contract number
- 0002
- Awardee
-
Navient Corporation UEI N4YBT62XZKP5
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $1,200,000
Award facts
- Contract value 100% obligated
- $1,200,000.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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
- Fixed Price with Economic Price Adjustment
- Place of performance
- Wilkes-Barre, PA 18773, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Original award | $1,200,000 |
Description
/ critical function base award: servicing of title IV student financial aid. TAS code: to provide title IV student loan management and servicing to secondary education students. Specific compliance activities for servicing federally held assets may include, but are not limited to: (1) security; (2) loan conversion, (3) financial reconciliation; (4) servicing; (5) reporting; (6) record retention; and (7) audit response support. Task order: to order loan consolidation services, in accordance with the terms and conditions of the base contract
Quick answers
Who was awarded contract 0002?
0002 was awarded to Navient Corporation by Office of Federal Student Aid (Department of Education) on August 20, 2013.
How much is contract 0002 worth?
The government has obligated $1,200,000 on 0002.
Is contract 0002 an order under another contract?
Yes. 0002 is a delivery order under EDFSA09D0015, an indefinite delivery contract.
Was contract 0002 competed?
The extent of competition for 0002 was full and open competition. The government received 4 offers.
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