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
- 0010
- Awardee
-
Missouri Higher Education Loan Authority UEI N76QY63KMM18
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $44,578,834
Award facts
- Contract value 91% obligated
- $48,806,162.85 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
- Wildwood, MO 63005, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$3,257,372 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $10,166,698 | |
| Supplemental Agreement for work within scope | -$619 | |
| Supplemental Agreement for work within scope | $619 | |
| Funding Only Action | $4,000,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $4,100,000 | |
| Funding Only Action | $4,715,000 | |
| Funding Only Action | $4,565,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $4,286,300 | |
| Funding Only Action | $4,102,000 | |
| Original award | $11,901,208 |
Show all 15
About this award
The Department of Education's Office of Federal Student Aid awarded a $48,806,162.85 firm-fixed-price delivery order to the Missouri Higher Education Loan Authority (Mohela), a non-profit organization, to provide servicing of Title IV student financial aid under the Health Care and Education Reconciliation Act of 2010. This delivery order, which has a period of performance from October 1, 2017 to August 31, 2018, is part of the Department's HCERA-SAFRA Not-For-Profit Servicer Program indefinite-delivery, indefinite-quantity (IDIQ) contract. Mohela also holds several other delivery orders and IDIQ contracts with the Department of Education related to student loan servicing and back-office processing, with a total potential value exceeding $700 million. This contract award does not utilize 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 9/27/2011 to 9/30/2019. 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 10/01/2017 to 8/31/2018.
Quick answers
Who was awarded contract 0010?
0010 was awarded to Missouri Higher Education Loan Authority by Office of Federal Student Aid (Department of Education) on October 1, 2017.
How much is contract 0010 worth?
The government has obligated $44,578,834 on 0010. Its current value, with exercised options, is $48,806,163.
Is contract 0010 an order under another contract?
Yes. 0010 is a delivery order under EDFSA11D0012, an indefinite delivery contract, on HCERA-SAFRA Not-For-Profit Servicer Program.
Was contract 0010 competed?
The extent of competition for 0010 was full and open competition. The government received 1 offer.
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