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
-
Navient Corporation UEI MPZ6YQV1EVX7
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- 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
- 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
- Wilmington, DE 19801, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Funding Only Action | -$30,510 | |
| Other Administrative Action | $0 | |
| Funding Only Action | -$9,761,676 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $2,880 | |
| Funding Only Action | $30,409,464 | |
| Supplemental Agreement for work within scope | $43,320 | |
| Supplemental Agreement for work within scope | $482,468 | |
| Funding Only Action | $12,100,000 | |
| Supplemental Agreement for work within scope | $12,382 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $12,100,000 | |
| Funding Only Action | $13,972,500 | |
| Funding Only Action | $13,585,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $11,667,056 | |
| Funding Only Action | $12,740,000 | |
| Supplemental Agreement for work within scope | -$3,600 | |
| Supplemental Agreement for work within scope | $65,168 | |
| Supplemental Agreement for work within scope | $141,611 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $27,074 | |
| Supplemental Agreement for work within scope | $14,131 | |
| Supplemental Agreement for work within scope | $30,510 | |
| Supplemental Agreement for work within scope | $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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