/ critical function IDIQ: 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).…
Ended Awarded Last action
- Contract number
- 0008
- Awardee
-
Missouri Higher Education Loan Authority UEI N76QY63KMM18
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $45,793,493
Award facts
- Contract value 100% obligated
- $45,793,493.28 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 · 5 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Wildwood, MO 63005, 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 | -$1,362,500 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $11,978,000 | |
| Funding Only Action | $5,689,000 | |
| Funding Only Action | $1,700,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $5,312,000 | |
| Funding Only Action | $7,169,000 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $4,503,000 | |
| Funding Only Action | $4,993 | |
| Original award | $10,800,000 |
Show all 15
About this award
This federal contract award, valued at $45,793,493.28, was issued by the U.S. Department of Education's Office of Federal Student Aid to the Missouri Higher Education Loan Authority (Mohela), a non-profit organization. The contract provides for the servicing of Title IV student financial aid, in accordance with the Health Care and Education Reconciliation Act of 2010. The task order covers the period from October 1, 2016 to September 30, 2017, and includes funding for development and maintenance through approximately December 31, 2016. This contract is not a set-aside. Mohela holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the Department of Education: the $16 billion Unified Servicing and Data Solution (USDS) and the $1.7 billion NextGen Enhanced Processing Solution, which support the agency's efforts to consolidate and improve federal student loan servicing capabilities.
Description
/ critical function IDIQ: 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: servicing of title IV financial aid, from 10/01/2016 to 09/30/2017. Provides funding for development and maintenance, through approximately 12/31/2016.
Quick answers
Who was awarded contract 0008?
0008 was awarded to Missouri Higher Education Loan Authority by Office of Federal Student Aid (Department of Education) on October 1, 2016.
How much is contract 0008 worth?
The government has obligated $45,793,493 on 0008.
Is contract 0008 an order under another contract?
Yes. 0008 is a delivery order under EDFSA11D0012, an indefinite delivery contract, on HCERA-SAFRA Not-For-Profit Servicer Program.
Was contract 0008 competed?
The extent of competition for 0008 was full and open competition. The government received 5 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award