Task order for perkins loan servicing with base period april 1, 2023 through july 31, 2023.
Ended Awarded Last action
- Contract number
- 91003123F0306
- Awardee
-
Educational Computer Systems, Inc. UEI LQAJQ5R1EM11
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $37,811,141
Award facts
- Contract value 100% obligated
- $37,811,140.60 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 522110 Commercial Banking
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition after exclusion of sources Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Coraopolis, PA 15108, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$4,576,047 | |
| Funding Only Action | -$594,965 | |
| Supplemental Agreement for work within scope | $3,011 | |
| Exercise an Option | $2,859,440 | |
| Funding Only Action | -$1,773,053 | |
| Change Order | $0 | |
| Exercise an Option | $3,979,512 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $113,357 | |
| Funding Only Action | $0 | |
| Other Administrative Action | $1,617,276 | |
| Supplemental Agreement for work within scope | $14,383 | |
| Additional Work (new agreement, FAR part 6 applies) | $11,340,488 | |
| Supplemental Agreement for work within scope | $47,852 | |
| Supplemental Agreement for work within scope | $1,970 | |
| Supplemental Agreement for work within scope | $1,399 | |
| Funding Only Action | $6,213,217 | |
| Supplemental Agreement for work within scope | $930 | |
| Supplemental Agreement for work within scope | $257,500 | |
| Supplemental Agreement for work within scope | $628 | |
| Supplemental Agreement for work within scope | $3,693 | |
| Funding Only Action | $4,273,613 | |
| Supplemental Agreement for work within scope | $3,681,536 | |
| Supplemental Agreement for work within scope | $2,642,457 | |
| Supplemental Agreement for work within scope | $12,316 | |
| Supplemental Agreement for work within scope | -$1,972,353 | |
| Supplemental Agreement for work within scope | $32,716 | |
| Supplemental Agreement for work within scope | $1,780,487 | |
| Supplemental Agreement for work within scope | $889 | |
| Supplemental Agreement for work within scope | $8,886 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $7,840,000 |
Show all 32
About this award
The U.S. Department of Education's Office of Federal Student Aid awarded a delivery order to Educational Computer Systems, Inc. (ECSI) for Perkins Loan servicing, effective April 1, 2023 through July 31, 2023, with an ultimate completion date of July 31, 2025. The contract is structured as a firm fixed-price delivery order with a ceiling value of $37.8 million and includes provisions for de-obligating funding for fully invoiced items no longer required. This award was not issued under a set-aside designation, indicating ECSI competed as a standard for-profit contractor in the federal marketplace. ECSI, a Pennsylvania-based company specializing in federal student loan management solutions, will perform the work at its facility in Coraopolis, Pennsylvania.
This delivery order represents a continuation of ECSI's sustained engagement with the Office of Federal Student Aid's Perkins Loan program, which provides low-interest loans to students demonstrating financial need. The Perkins Loan program requires extensive loan servicing support, including loan processing, borrower communications, payment management, and administrative compliance functions. ECSI's track record demonstrates specialized expertise in managing these complex federal student loan operations, with multiple consecutive contract awards spanning several years. The firm fixed-price structure establishes predictable costs for the government while maintaining service quality standards essential for administering this significant student financial aid program.
Quick answers
Who was awarded contract 91003123F0306?
91003123F0306 was awarded to Educational Computer Systems, Inc. by Office of Federal Student Aid (Department of Education) on April 1, 2023.
How much is contract 91003123F0306 worth?
The government has obligated $37,811,141 on 91003123F0306.
Is contract 91003123F0306 an order under another contract?
Yes. 91003123F0306 is a delivery order under EDFSA13D0003, an indefinite delivery contract.
Was contract 91003123F0306 competed?
The extent of competition for 91003123F0306 was full and open competition after exclusion of sources.
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