The Department of Education's Office of Federal Student Aid (FSA) awarded this $2.5 billion Indefinite Delivery Contract to Maximus Education LLC, a for-profit limited liability company, to provide comprehensive student loan servicing capabilities under the $16 billion Unified Servicing and Data Solution (USDS) IDIQ contract. The contract supports FSA's strategic goals of replacing legacy servicing contracts, consolidating borrower services, and enhancing the student loan management process...
This Indefinite Delivery Contract (IDC) award, valued at $16 billion, was issued by the U.S. Department of Education's Office of Federal Student Aid to Central Research Inc., a for-profit Subchapter S Corporation. The contract, titled the Unified Servicing and Data Solution (USDS), aims to modernize the agency's legacy student loan servicing systems onto a single portal at StudentAid.gov. Under this IDC, the Department of Education has issued multiple task orders to Central Research Inc. as...
The U.S. Department of Education's Office of Federal Student Aid (FSA) awarded a $16 billion Indefinite Delivery, Indefinite Quantity (IDIQ) contract titled the Unified Servicing and Data Solution (USDS) to Maximus Education LLC, a for-profit limited liability company. The USDS IDIQ contract, awarded on April 25, 2023 with an ultimate completion date of April 24, 2033, enables FSA to acquire comprehensive student loan servicing capabilities, including operations and maintenance, system...
The U.S. Department of Education's Office of Federal Student Aid (FSA) awarded an Indefinite Delivery/Indefinite Quantity (IDIQ) contract titled the Unified Servicing and Data Solution (USDS) to the Missouri Higher Education Loan Authority (Mohela), a non-profit organization that specializes in federal student loan servicing and business process operations. The $16 billion USDS IDIQ contract, with an ultimate completion date of April 24, 2033, is intended to consolidate and modernize the...
The U.S. Department of Education's Office of Federal Student Aid (FSA) has awarded Edfinancial Services LLC, a for-profit limited liability company, an Indefinite Delivery/Indefinite Quantity (IDIQ) contract titled the Unified Servicing and Data Solution (USDS). This $16 billion multiple-award IDIQ contract provides a full range of student aid services, including loan servicing, contact center support, and back-office processing. Under this IDIQ, Edfinancial has been awarded several task...
The U.S. Department of Education's Office of Federal Student Aid (FSA) awarded a $16 billion Indefinite Delivery, Indefinite Quantity (IDIQ) contract vehicle called the Unified Servicing and Data Solution (USDS) to Nelnet Servicing LLC and other contractors. The USDS contract aims to consolidate federal student aid recipients under a single data processing system and modernize legacy student loan servicing operations. Under this IDIQ contract, Nelnet Servicing LLC has been awarded several...
This indefinite delivery 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, to provide services related to the federal direct student loan program. The contract has a ceiling value of $1,246,933,988.05 and a period of performance through July 10, 2023. Under this IDV, Great Lakes Educational Loan Services, Inc. has received multiple delivery orders to provide a range of specialized...
The U.S. Department of Education, Office of Postsecondary Education, has awarded a $50 million multiple-award Blanket Purchase Agreement (BPA) to provide data collection, analysis, information technology, and cybersecurity support services. Under this BPA, the agency has issued several task orders to Tactile Design Group LLC, doing business as The Tactile Group, a minority-owned small disadvantaged business. Specifically, Tactile Design Group has been awarded task orders totaling over $8.7...
The Department of Education's Office of Planning, Evaluation and Policy Development awarded an indefinite delivery contract to National Student Clearinghouse to provide supplementary postsecondary student data. The single award IDV has a potential value of $601,690 over its September 2023 to September 2026 period of performance. A $149,250 firm fixed price task order was also awarded to National Student Clearinghouse to secure supplementary data relating to postsecondary students in support of...
The U.S. Department of Education's Office of Federal Student Aid (FSA) awarded a Blanket Purchase Agreement (BPA) under the General Services Administration (GSA) Professional Services Schedule (PSS) contract vehicle to TRF Productions, LLC, a veteran-owned small business. The BPA enables FSA to procure a variety of video production services to support its student aid programs and outreach initiatives. Specific task orders under the BPA have tasked TRF Productions with creating explainer...