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
- 0008
- Awardee
-
Higher Education Servicing Corp UEI ESJFPP6YE355
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $25,741,844
Award facts
- Contract value 69% obligated
-
- $25,741,844.04 Current, with exercised options
- $37,517,935.93 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
- Arlington, TX 76016, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $965,013 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $5,870,602 | |
| Funding Only Action | $2,324,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $2,200,000 | |
| Funding Only Action | $2,702,500 | |
| Supplemental Agreement for work within scope | $5,193 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $2,330,600 | |
| Funding Only Action | $2,866,500 | |
| Supplemental Agreement for work within scope | $6,435 | |
| Original award | $6,471,000 |
Show all 15
About this award
This federal contract award is for the servicing of Title IV student financial aid, in accordance with Section 2212 of the Health Care and Education Reconciliation Act of 2010. The contract was awarded by the Department of Education's Office of Federal Student Aid to Higher Education Servicing Corp, a non-profit organization, for the period of October 1, 2017 to August 31, 2018. The potential value of the contract is $37,517,935.93. The contract is a delivery order under the HCERA-SAFRA Not-For-Profit Servicer Program, a master Indefinite Delivery, Indefinite Quantity (IDIQ) contract. The contract is a firm fixed price arrangement and does not have 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 1/23/2012 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 10/1/2017 to 8/31/2018.
Quick answers
Who was awarded contract 0008?
0008 was awarded to Higher Education Servicing Corp by Office of Federal Student Aid (Department of Education) on October 1, 2017.
How much is contract 0008 worth?
The government has obligated $25,741,844 on 0008. Its potential value, with all options, is $37,517,936.
Is contract 0008 an order under another contract?
Yes. 0008 is a delivery order under EDFSA12D0005, 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 1 offer.
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