The action is for the design, development & implementation of a microsimulation model on federal student loan to estimate borrower-level events during the student loan repayment, and use those…
Ended Awarded Last action
- Contract number
- 91990020F0060
- Awardee
-
American Institutes For Research In The Behavioral Sciences UEI MCN6J5L6M3T4
- Awarding agency
-
Contracts and Acquisition Management
Department of Education
- Obligated
- $4,809,481
Award facts
- Opportunity
-
- Professional Service Schedule Solicitation · 91990020Q0017 · Posted Jun 10, 2019
- Contract value 98% obligated
-
- $4,809,481.00 Current, with exercised options
- $4,892,461.00 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Office of Planning Evaluation and Policy Development Department of Education
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- B507 Special Studies/Analysis- Economic
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 8 offers Multiple Award, Fair Opportunity
- Pricing
- Time and Materials
- Place of performance
- Washington, DC 20007, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $326,804 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $2,988,823 | |
| Other Administrative Action | -$27,852 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $314,106 | |
| Original award | $1,207,600 |
About this award
This is a $4,892,461 federal contract awarded by the U.S. Department of Education's Office of Planning, Evaluation and Policy Development to the American Institutes for Research (AIR), a non-profit research organization, to design, develop, and implement a microsimulation model on federal student loan repayment. The purpose is to estimate borrower-level events during student loan repayment and use those to project borrower and student loan repayment.
The contract has a completion date of August 31, 2025 and is a Time and Materials type Delivery Order placed under the Multiple Award Schedule (MAS) contract vehicle. No set-aside designation is indicated.
AIR has subcontracted with two firms for this effort - New Editions, Inc., a woman-owned small business, to provide independent validation services, and Impaq International LLC, a for-profit research and analysis firm, to develop the Income Driven Repayment (IDR) portion of the student loan model. The Department of Education is leveraging AIR's expertise in education research and policy analysis to support this key initiative related to federal student loan programs.
Description
The action is for the design, development & implementation of a microsimulation model on federal student loan to estimate borrower-level events during the student loan repayment, and use those events to project borrower and student loan repayment
Quick answers
Who was awarded contract 91990020F0060?
91990020F0060 was awarded to American Institutes For Research In The Behavioral Sciences by Contracts and Acquisition Management (Department of Education) on September 29, 2020.
How much is contract 91990020F0060 worth?
The government has obligated $4,809,481 on 91990020F0060. Its potential value, with all options, is $4,892,461.
Which agency awarded contract 91990020F0060?
Contracts and Acquisition Management (Department of Education) awarded 91990020F0060, with funding from Office of Planning Evaluation and Policy Development (Department of Education).
Is contract 91990020F0060 an order under another contract?
Yes. 91990020F0060 is a delivery order under GS00F347CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 91990020F0060 competed?
The extent of competition for 91990020F0060 was full and open competition. The government received 8 offers.
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