//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
- 0004
- Awardee
-
Vermont Student Assistance Corporation UEI H4QVQ7MTL9K9
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $3,072,218
Award facts
- Contract value 100% obligated
- $3,072,217.80 Current and 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 · 6 offers Multiple Award, Fair Opportunity
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- Winooski, VT 05404, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Funding Only Action | -$8,125 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | -$325,751 | |
| Funding Only Action | $376,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $5,588 | |
| Supplemental Agreement for work within scope | $9,971 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | $994,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $233,000 | |
| Change Order | $15,483 | |
| Change Order | $1,397 | |
| Supplemental Agreement for work within scope | $0 | |
| Change Order | $1,912 | |
| Funding Only Action | $540,000 | |
| Funding Only Action | $537,000 | |
| Change Order | $16,124 | |
| Change Order | $2,784 | |
| Funding Only Action | $180,000 | |
| Original award | $492,835 |
Show all 22
About this award
This federal contract award was issued by the U.S. Department of Education's Office of Federal Student Aid to the Vermont Student Assistance Corporation (VSAC), a public non-profit organization. The $3,072,217.80 fixed-price contract with economic price adjustment is for the servicing of Title IV student financial aid, in accordance with the Health Care and Education Reconciliation Act of 2010. The contract is a task order under the HCERA-SAFRA Not-For-Profit Servicer Program, which provides Title IV loan servicing. The contract has an ultimate completion date of December 31, 2016 and does not utilize a set-aside. VSAC has received over $4 million in federal grants since 2020 to operate educational opportunity programs and provide scholarships and vouchers for Vermont residents, including from the Department of Education and Department of Justice.
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). Task order: 0004 to provide title IV loan servicing through 9/30/2016.
Quick answers
Who was awarded contract 0004?
0004 was awarded to Vermont Student Assistance Corporation by Office of Federal Student Aid (Department of Education) on October 1, 2015.
How much is contract 0004 worth?
The government has obligated $3,072,218 on 0004.
Is contract 0004 an order under another contract?
Yes. 0004 is a delivery order under EDFSA13D0001, an indefinite delivery contract, on HCERA-SAFRA Not-For-Profit Servicer Program.
Was contract 0004 competed?
The extent of competition for 0004 was full and open competition. The government received 6 offers.
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