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). Task order: to…
Ended Awarded Last action
- Contract number
- EDENFS16F0007
- Awardee
-
Navient Corporation UEI MPZ6YQV1EVX7
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $5,028,407
Award facts
- Contract value 100% obligated
- $5,028,406.90 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
- 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 |
|---|---|---|
| Funding Only Action | $0 | |
| Funding Only Action | -$145,493 | |
| Funding Only Action | $1,560,000 | |
| Funding Only Action | $508,900 | |
| Funding Only Action | $508,000 | |
| Funding Only Action | $1,597,000 | |
| Original award | $1,000,000 |
About this award
This is a federal contract award to Navient Corporation, a for-profit organization, to provide Title IV student financial aid servicing, including loan consolidation, for the U.S. Department of Education's Office of Federal Student Aid. The base award has a ceiling value of $5,028,406.90 and was awarded on December 30, 2015, with a completion date of December 31, 2016. The contract is a firm fixed-price delivery order, and there is no set-aside designation. Navient Corporation operates through its division Navient and its subsidiary Navient BPO LLC, which has previously received federal contracts, including a 2021 award from the Department of Labor's Bureau of Labor Statistics for web-based survey support services.
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). Task order: to provide title IV aid servicing for loan consolidation.
Quick answers
Who was awarded contract EDENFS16F0007?
EDENFS16F0007 was awarded to Navient Corporation by Office of Federal Student Aid (Department of Education) on December 30, 2015.
How much is contract EDENFS16F0007 worth?
The government has obligated $5,028,407 on EDENFS16F0007.
Is contract EDENFS16F0007 an order under another contract?
Yes. EDENFS16F0007 is a delivery order under EDFSA09D0015, an indefinite delivery contract.
Was contract EDENFS16F0007 competed?
The extent of competition for EDENFS16F0007 was full and open competition. The government received 4 offers.
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