The services contemplated under this nexgen BPO indefinite delivery indefinite quantity (IDIQ) contract includes contact center support and back-office processing.
Active Awarded Last action
- Contract number
- 91003120D0001
- Awardee
-
Edfinancial Services LLC UEI TB69PMAFZSK8
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Task orders
- 4 $150,976,652 obligated
Award facts
- Opportunity
-
- NextGen Business Process Operations Solicitation · 91003119R0008 · Posted Jan 15, 2019
- NextGen Business Process Operations Award Notice · Posted Jun 30, 2020
- Combined order value
- $150,976,652 Current and potential, with all options
- Last date to order 97% complete
- IDV ceiling 9% used
- $1,700,000,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 12 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- 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.
About this IDV
The Office of Federal Student Aid awarded an indefinite-delivery contract to Edfinancial Services LLC on June 23, 2020, for the NextGen Enhanced Processing Solution IDIQ with a $1.7 billion ceiling. This is a multiple-award vehicle with no set-aside.
Place of performance is Concord, Tennessee. The IDIQ solicitation (91003119R0008, posted January 15, 2019, due August 2, 2019) sought contact center support, back-office processing, and business process operations across the full student loan lifecycle, including application, origination, servicing, and default management. Contractors must demonstrate integration capability with Department systems and meet monthly performance metrics for customer satisfaction, accuracy, and timeliness.
The contract runs through June 22, 2026. NAICS code is 541611 and PSC code is R799.
Recent delivery-order activity under this IDIQ includes a $1.5 million implementation order awarded November 13, 2020 (completing November 12, 2021); a $19.9 million ramp-up task order for non-servicing functional areas awarded November 5, 2021 (completing May 4, 2023); a $39.7 million steady-state task order for non-servicing contact center support and back-office processing awarded May 4, 2023 (completing October 31, 2024); and an $86.5 million delivery order awarded November 1, 2024, funding Option Period 2 and adding Consolidated Repayment Services capability (completing October 31, 2026).
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| 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 | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Show all 26
Quick answers
Who was awarded contract 91003120D0001?
91003120D0001 was awarded to Edfinancial Services LLC by Office of Federal Student Aid (Department of Education) on June 23, 2020.
How much is contract 91003120D0001 worth?
Orders under 91003120D0001 have obligated $150,976,652. 91003120D0001's own ceiling is $1,700,000,000.
How many orders have been placed under contract 91003120D0001?
4 orders have been placed under 91003120D0001, the latest on November 1, 2024.
Who can order from contract 91003120D0001?
91003120D0001 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Is contract 91003120D0001 part of a contract vehicle?
Yes. 91003120D0001 is part of NextGen Enhanced Processing Solution.
Was contract 91003120D0001 competed?
The extent of competition for 91003120D0001 was full and open competition. The government received 12 offers.
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