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
91003118F0350
Awardee
Awarding agency
Obligated
$14,091,919

Award facts

Contract value 94% obligated
$14,912,937.36 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 · 4 offers 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
Funding Only Action P00025 · The purpose of this modification is to add funds. $133,628
Funding Only Action P00024 · The purpose of this modification is to deobligate excess funding from contract number EDFSA12D0012 task order 91003118F0350, as described below: to deobligate… -$622,692
Supplemental Agreement for work within scope P00023 · The purpose of this modification is to provide funding for travel expenses related to CR 4465 - lockbox changeover (osla). $1,698
Funding Only Action P00022 · The purpose of this modification is to provide funding for title IV servicing through approximately december 31, 2019. $534,000
Funding Only Action P00020 · Modification: the purpose of this modification is to provide funding for title IV student loan servicing through approximately october 21, 2019. $1,402,353
Supplemental Agreement for work within scope P00019 · Modification: the purpose of this modification is to incorporate and provide funding for change request (CR) 5224. $4,979
Supplemental Agreement for work within scope P00018 $1,399
Supplemental Agreement for work within scope P00017 $17,704
Supplemental Agreement for work within scope P00016 $2,330
Other Administrative Action P00015 $0
Funding Only Action P00014 $4,550,000
Supplemental Agreement for work within scope P00013 $1,383
Supplemental Agreement for work within scope P00012 $1,106
Supplemental Agreement for work within scope P00011 $5,894
Funding Only Action P00008 $2,631,000
Other Administrative Action P00007 $0
Funding Only Action P00006 $2,575,233
Other Administrative Action P00005 $0
Supplemental Agreement for work within scope P00003 $3,314
Supplemental Agreement for work within scope P00002 $2,038
Supplemental Agreement for work within scope P00001 $6,551
Original award $2,840,000
Show all 22

About this award

This federal contract award is for the servicing of Title IV student financial aid, as specified in Section 2212 of the Health Care and Education Reconciliation Act of 2010. The contract was awarded by the Department of Education Office of Federal Student Aid to the Oklahoma Student Loan Authority, doing business as OSLA Student Loans Servicing, a not-for-profit organization. The base award covers the period from July 16, 2017, to September 30, 2019, with a task order for the period of September 1, 2018, to September 30, 2019. The contract is a delivery order under the HCERA-SAFRA Not-For-Profit Servicer Program, with a firm fixed price. The potential value of this award is $14,912,937.36. The contract does not have a 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 7/16/2017 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 09/01/2018 to 09/30/2019. Modification: the purpose of this modification is to create a new task order for contract ED-FSA-12-d-0012 with the period of performance: 9/01/2018 - 9/30/2019, and provide funding for title IV aid servicing through approximately 12/31/2018.

Quick answers

Who was awarded contract 91003118F0350?

91003118F0350 was awarded to Oklahoma Student Loan Authority by Office of Federal Student Aid (Department of Education) on September 1, 2018.

How much is contract 91003118F0350 worth?

The government has obligated $14,091,919 on 91003118F0350. Its current value, with exercised options, is $14,912,937.

Is contract 91003118F0350 an order under another contract?

Yes. 91003118F0350 is a delivery order under EDFSA12D0012, an indefinite delivery contract, on HCERA-SAFRA Not-For-Profit Servicer Program.

Was contract 91003118F0350 competed?

The extent of competition for 91003118F0350 was full and open competition. The government received 4 offers.

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