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
- 91003118F0353
- Awardee
-
Missouri Higher Education Loan Authority UEI N76QY63KMM18
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $66,359,528
Award facts
- Contract value 83% obligated
- $79,991,141.10 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- 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
- Wildwood, MO 63005, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Change Order | -$385,902 | |
| Funding Only Action | $2,223,000 | |
| Funding Only Action | $3,365,647 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $23,432,000 | |
| Funding Only Action | $11,045,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $10,641,664 | |
| Supplemental Agreement for work within scope | $38,118 | |
| Other Administrative Action | $0 | |
| Original award | $16,000,000 |
Show all 11
About this award
The Department of Education's Office of Federal Student Aid awarded a $79,991,141.10 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 is part of the Department's HCERA-SAFRA Not-For-Profit Servicer Program IDIQ contract. The period of performance is from September 1, 2018 to August 31, 2019, with funding through approximately December 31, 2018. Mohela also holds several other delivery orders and IDIQ contracts with the Department of Education to provide student loan servicing and business process operations services, including a $16 billion Unified Servicing and Data Solution IDIQ and a $1.7 billion NextGen Enhanced Processing Solution IDIQ. The contract does not have a small business 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 09/01/2018 to 08/31/2019. Modification: the purpose of this modification is to create a new task order for contract ED-FSA-11-d-0012 with the period of performance: 9/01/2018 - 8/31/2019, and provide funding for title IV aid servicing through approximately 12/31/2018.
Quick answers
Who was awarded contract 91003118F0353?
91003118F0353 was awarded to Missouri Higher Education Loan Authority by Office of Federal Student Aid (Department of Education) on September 1, 2018.
How much is contract 91003118F0353 worth?
The government has obligated $66,359,528 on 91003118F0353. Its current value, with exercised options, is $79,991,141.
Is contract 91003118F0353 an order under another contract?
Yes. 91003118F0353 is a delivery order under EDFSA11D0012, an indefinite delivery contract, on HCERA-SAFRA Not-For-Profit Servicer Program.
Was contract 91003118F0353 competed?
The extent of competition for 91003118F0353 was full and open competition. The government received 4 offers.
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