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…
Ended Awarded Last action
- Contract number
- 91003118F0012
- Awardee
-
Navient Corporation UEI MPZ6YQV1EVX7
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $4,977,727
Award facts
- Contract value 83% obligated
- $6,024,000.00 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
- 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 | $70,061 | |
| Funding Only Action | $679,400 | |
| Funding Only Action | $1,278,900 | |
| Funding Only Action | $1,443,366 | |
| Original award | $1,506,000 |
About this award
This is a delivery order awarded by the Department of Education Office of Federal Student Aid to Navient Corporation. The contract is for the servicing of Title IV student financial aid, in accordance with Section 2212 of the Health Care and Education Reconciliation Act of 2010, for the period of April 1, 2018 to March 31, 2019. The contract has a potential value of $6,024,000.00 and is a firm fixed price contract. The contract includes a modification to provide loan consolidation services through approximately June 30, 2018. This contract does not have a set-aside designation.
Description
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 6/17/2014 to 6/16/2019. 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 04/01/2018 to 03/31/2019. Modification: the purpose of this modification is to provide loan consolidation services, through approximately june 30, 2018.
Quick answers
Who was awarded contract 91003118F0012?
91003118F0012 was awarded to Navient Corporation by Office of Federal Student Aid (Department of Education) on April 1, 2018.
How much is contract 91003118F0012 worth?
The government has obligated $4,977,727 on 91003118F0012. Its current value, with exercised options, is $6,024,000.
Is contract 91003118F0012 an order under another contract?
Yes. 91003118F0012 is a delivery order under EDFSA09D0015, an indefinite delivery contract.
Was contract 91003118F0012 competed?
The extent of competition for 91003118F0012 was full and open competition. The government received 4 offers.
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