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
0007
Awardee
Awarding agency
Obligated
$8,396,867

Award facts

Contract value 82% obligated
  • $8,396,867.05 Current, with exercised options
  • $10,201,030.06 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Oklahoma City, OK 73105, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00018 $0
Funding Only Action P00017 $85,815
Other Administrative Action P00016 $0
Funding Only Action P00015 $1,937,177
Supplemental Agreement for work within scope P00014 $1,391
Funding Only Action P00013 $800,000
Supplemental Agreement for work within scope P00012 $1,800
Funding Only Action P00011 $800,000
Funding Only Action P00010 $862,500
Funding Only Action P00009 -$2,360
Supplemental Agreement for work within scope P00008 $1,200
Supplemental Agreement for work within scope P00007 $1,958
Other Administrative Action P00006 · 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.… $0
Funding Only Action P00005 $773,000
Funding Only Action P00004 $1,454,800
Supplemental Agreement for work within scope P00003 $1,062
Supplemental Agreement for work within scope 2 $11,362
Supplemental Agreement for work within scope 1 $1,162
Original award $1,666,000
Show all 19

About this award

This federal contract was awarded by the Department of Education Office of Federal Student Aid to the Oklahoma Student Loan Authority, also known as OSLA Student Loans Servicing, a non-profit organization. The contract 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 base award period is from July 16, 2012 to September 30, 2019, with a task order period from October 1, 2017 to August 31, 2018. The contract has a potential value of $10,201,030.06 and is a delivery order under the HCERA-SAFRA Not-For-Profit Servicer Program. 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 7/16/2012 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 10/01/2017 to 8/31/2018.

Quick answers

Who was awarded contract 0007?

0007 was awarded to Oklahoma Student Loan Authority by Office of Federal Student Aid (Department of Education) on October 1, 2017.

How much is contract 0007 worth?

The government has obligated $8,396,867 on 0007. Its potential value, with all options, is $10,201,030.

Is contract 0007 an order under another contract?

Yes. 0007 is a delivery order under EDFSA12D0012, an indefinite delivery contract, on HCERA-SAFRA Not-For-Profit Servicer Program.

Was contract 0007 competed?

The extent of competition for 0007 was full and open competition. The government received 1 offer.

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