Critical function 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. 111-152, 124 stat.…

Ended Awarded Last action

Contract number
0011
Awardee
Awarding agency
Obligated
$145,406,696

Award facts

Contract value 97% obligated
$149,709,604.40 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
Firm Fixed Price
Place of performance
Wilmington, DE 19801, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00027 · The purpose of this modification is to close the contract. Physical completion has been verified, final payment has been made, and all other contract… $0
Funding Only Action P00026 · Modification: the purpose of this modification is to DE-obligate excess funding from contract number edfsa-09-d-0015 task order 0011. DE-obligate $30,510.00… -$30,510
Other Administrative Action P00025 $0
Funding Only Action P00024 -$9,761,676
Supplemental Agreement for work within scope P00023 $0
Other Administrative Action P00021 $0
Supplemental Agreement for work within scope P00022 $2,880
Funding Only Action P00020 $30,409,464
Supplemental Agreement for work within scope P00019 $43,320
Supplemental Agreement for work within scope P00018 $482,468
Funding Only Action P00017 $12,100,000
Supplemental Agreement for work within scope P00015 $12,382
Other Administrative Action P00016 $0
Funding Only Action P00014 $12,100,000
Funding Only Action P00013 $13,972,500
Funding Only Action P00012 $13,585,000
Other Administrative Action P00011 · 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.… $0
Funding Only Action P00010 $11,667,056
Funding Only Action P00009 $12,740,000
Supplemental Agreement for work within scope P00008 -$3,600
Supplemental Agreement for work within scope P00007 · 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.… $65,168
Supplemental Agreement for work within scope P00006 $141,611
Other Administrative Action P00005 $0
Supplemental Agreement for work within scope P00004 $27,074
Supplemental Agreement for work within scope 3 $14,131
Supplemental Agreement for work within scope 2 $30,510
Supplemental Agreement for work within scope 1 $10,920
Original award $47,798,000
Show all 28

About this award

The Department of Education Office of Federal Student Aid awarded a firm fixed-price delivery order contract to Navient Corporation to provide servicing of Title IV student financial aid in accordance with Section 2212 of the Health Care and Education Reconciliation Act of 2010. The contract has a period of performance from September 1, 2017 to August 31, 2018, with a potential value of $149,709,604.40. The contract does not have a set-aside designation.

Description

Critical function 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. 111-152, 124 stat. 1029) for the period of 09/01/2017 to 08/31/2018. Task order: 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 period of 09/01/2017 to 08/31/2018. Modification to provide funding for period of performance: 9/01/2017 - 8/31/2018 and title IV aid servicing through approximately 12/31/2017.

Quick answers

Who was awarded contract 0011?

0011 was awarded to Navient Corporation by Office of Federal Student Aid (Department of Education) on September 1, 2017.

How much is contract 0011 worth?

The government has obligated $145,406,696 on 0011. Its current value, with exercised options, is $149,709,604.

Is contract 0011 an order under another contract?

Yes. 0011 is a delivery order under EDFSA09D0015, an indefinite delivery contract.

Was contract 0011 competed?

The extent of competition for 0011 was full and open competition. The government received 4 offers.

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