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
- 91003119F0318
- Awardee
-
Navient Corporation UEI MPZ6YQV1EVX7
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $3,226,855
Award facts
- Contract value 82% obligated
- $3,926,855.34 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 · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Ashley, PA 18706, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$237,145 | |
| Funding Only Action | $934,000 | |
| Funding Only Action | $1,230,000 | |
| Original award | $1,300,000 |
About this award
This contract was awarded by the Department of Education Office of Federal Student Aid 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 base award covers the period from June 17, 2009, to June 16, 2019, while the task order is for the period from April 1, 2019, to August 31, 2019, with the purpose of providing funding for loan consolidation services. The contract is a Firm Fixed Price Delivery Order with a potential value of $3,926,855.34. It 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 6/17/2009 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 4/1/2019 to 8/31/2019. The purpose of this task order is to provide funding for loan consolidation services.
Quick answers
Who was awarded contract 91003119F0318?
91003119F0318 was awarded to Navient Corporation by Office of Federal Student Aid (Department of Education) on March 29, 2019.
How much is contract 91003119F0318 worth?
The government has obligated $3,226,855 on 91003119F0318. Its current value, with exercised options, is $3,926,855.
Is contract 91003119F0318 an order under another contract?
Yes. 91003119F0318 is a delivery order under EDFSA09D0015, an indefinite delivery contract.
Was contract 91003119F0318 competed?
The extent of competition for 91003119F0318 was full and open competition. The government received 1 offer.
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