/ critical function IDIQ: servicing of title IV student financial aid. Task order 0007: to order loan consolidation services, in accordance with the terms and conditions of the base contract.

Ended Awarded Last action

Contract number
0007
Awardee
Awarding agency
Obligated
$4,297,615

Award facts

Contract value 100% obligated
$4,297,614.90 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
Newark, DE 19713, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00003 $0
Funding Only Action P00001 · 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.… $11,161
Funding Only Action 3 $1,000,000
Funding Only Action 2 $500,000
Funding Only Action 1 · "critical function" base award: servicing of title IV student financial aid. Modification description: the purpose of this modification is to provide funding… $249,377
Original award $2,537,077

Quick answers

Who was awarded contract 0007?

0007 was awarded to Navient Corporation by Office of Federal Student Aid (Department of Education) on January 1, 2015.

How much is contract 0007 worth?

The government has obligated $4,297,615 on 0007.

Is contract 0007 an order under another contract?

Yes. 0007 is a delivery order under EDFSA09D0015, an indefinite delivery contract.

Was contract 0007 competed?

The extent of competition for 0007 was full and open competition. The government received 4 offers.

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