This federal contract award, with ID GS23F0368K|DEDT0000523, was made by the U.S. Department of Energy to the prime contractor Value Recovery Group, Inc. The contract is for the management of the key steps of the application process for loan guarantees under the Loan Guarantee Program Office of the Department of Energy. The contractor will be required to coordinate all application activities and reporting on progress of these activities for up to 300 existing renewable energy clients of...
The Department of Energy Office of Loan Programs awarded a definitive contract valued at four hundred thirty-five thousand two hundred forty-five dollars and forty-five cents ($435,245.45) to Guidehouse Inc., doing business as Navigant, to provide financial advisory services for Loan Number 1407 through request for services caption DE-RS03-00062. The place of performance will be McLean, Virginia. The period of performance is scheduled to run from December 19, 2023 through December 31, 2024....
The Department of Energy Office of Loan Programs awarded a definitive contract to Development Capital & Financing, LLC for financial advisor services associated with Loan Number 1447. Valued at $276,160, the contract covers work areas 1 through 5 for $274,160 and half of other direct charges for $2,000. Performance will take place in Washington, D.C. over a two-year base period from December 2023 through December 2025. Billing will be based on labor hours. As the prime contractor,...
The Department of Education's Office of Federal Student Aid awarded a firm fixed price call against Grant Thornton Public Sector's Multiple Award Schedule contract to conduct an operational review of the Public Service Loan Forgiveness and Temporary Expanded Public Service Loan Forgiveness programs. Valued at approximately $1.8 million, this call from the multiple award indefinite delivery/indefinite quantity vehicle focuses on assessing the PSLF and TEPSLF initiatives, which provide student...
The Department of Energy's Office of Loan Programs awarded a definitive contract valued at $247,777 to National Economic Research Associates Inc., doing business as Nera Economic Consulting. The purpose of this requirement is to acquire market advisory support services in support of the agency's loan program activities. Specifically, the contractor will provide services under loan number 1435 to support the agency's market analysis and due diligence efforts. As the prime contractor, Nera...
The Department of Education's Office of Federal Student Aid awarded a delivery order contract to Pennsylvania Higher Education Assistance Agency (PHEAA), a state government agency doing business as FedLoan Servicing. The $1,070,184.70 firm fixed-price contract is for the servicing of Title IV student financial aid in accordance with the Health Care and Education Reconciliation Act of 2010. The base period of performance was from June 17, 2009 to June 16, 2019, with a recent task order from April...
This federal contract was awarded by the U.S. Department of Education's Office of Federal Student Aid to Great Lakes Educational Loan Services, Inc., a for-profit organization. The contract, valued at $590,574,870.31, is a delivery order to provide direct loan services such as call center operations and financial reporting for the Federal Direct Loan program from approximately December 15, 2019 through December 14, 2020, with a potential completion date of December 31, 2024. The contract does...
This $341,000 firm fixed price delivery order was awarded by the Department of Education's Office of Federal Student Aid to FI Consulting, Inc. to assist the agency in estimating the economic value of its Direct Loan and Federal Family Education Loan (FFEL) portfolios under multiple scenarios and assumptions, in accordance with the Federal Credit Reform Act. FI Consulting, a for-profit Subchapter S Corporation, is a prime contractor that provides a range of financial management, technology,...
This federal contract award, with ID EDFSA09D0014|EDENFS16F0006, was issued by the U.S. Department of Education's Office of Federal Student Aid to the Pennsylvania Higher Education Assistance Agency (PHEAA), which does business as FedLoan Servicing. The $11,061,611.37 firm fixed-price delivery order is for the servicing of Title IV student financial aid, in accordance with the Health Care and Education Reconciliation Act of 2010, as well as the provision of loan consolidation services for...
The Department of Education's Office of Federal Student Aid awarded a $6,068,018.10 delivery order to the Pennsylvania Higher Education Assistance Agency (PHEAA), doing business as FedLoan Servicing, to provide servicing of Title IV student financial aid under Section 2212 of the Health Care and Education Reconciliation Act of 2010. This delivery order, awarded on March 29, 2019, covers a period from April 1, 2019 to August 31, 2019 and is specifically for loan consolidation services. PHEAA is a...