Critical function - task order 0002 provides 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…

Ended Awarded Last action

Contract number
0002
Awardee
Awarding agency
Obligated
$17,946,119

Award facts

Contract value 93% obligated
$19,205,938.74 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Arlington, TX 76016, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out 11 · Critical function base award: servicing of title IV student financial aid, in accordance with section 2212 of the health care and education reconciliation act… $0
Funding Only Action P00002 · 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.… -$75,000
Other Administrative Action 10 $0
Funding Only Action 9 · Critical function base award: servicing of title IV student financial aid, in accordance with section 2212 of the health care and education reconciliation act… -$1,259,820
Other Administrative Action 7 $0
Funding Only Action 6 · / critical function base award: task order 0002 provides servicing of title IV student financial aid in accordance with section 2212 of the health care and… -$1,000,000
Funding Only Action 5 · Base award: task order 0002 provides servicing of federal student aid loans. Modification: to provide funding for development and servicing, through… $6,425,000
Other Administrative Action 4 · For critical functions base contract: the purpose of this contract is to provide federal direct loan servicing. Modification: this purpose of this… $0
Funding Only Action 3 · / critical function base award: task order 0002 provides servicing of title IV student financial aid in accordance with section 2212 of the health care and… $2,855,939
Change Order 2 · The purpose of this modification is to add change request 2010 (total and permanent disability requirements) to task order 0002. Task order 0002 is for direct… $0
Change Order 1 · For critical functions base contract: the purpose of this contract is to provide federal student loan servicing through a not for profit servicer. Modification:… $0
Original award $11,000,000
Show all 12

Description

As the agency reported it.

Critical function - task order 0002 provides 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 january 01, 2013 to december 31, 2013 time period.

Quick answers

Who was awarded contract 0002?

0002 was awarded to Higher Education Servicing Corp by Office of Federal Student Aid (Department of Education) on March 27, 2013.

How much is contract 0002 worth?

The government has obligated $17,946,119 on 0002. Its current value, with exercised options, is $19,205,939.

Is contract 0002 an order under another contract?

Yes. 0002 is a delivery order under EDFSA12D0005, an indefinite delivery contract, on HCERA-SAFRA Not-For-Profit Servicer Program.

Was contract 0002 competed?

The extent of competition for 0002 was full and open competition. The government received 1 offer.

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