Perkins loan servicing

Active Indefinite Delivery Contract Awarded Last action

Contract number
91003125D0002
Awardee
Awarding agency
Task orders
1 $17,979,820 obligated

Award facts

Opportunity
Combined order value
$17,979,820 Current and potential, with all options
Last date to order 17% complete
IDV ceiling 7% used
$246,451,189.10
Maximum order
$246,451,189.10
Award type
Single award
Who can order
Only the awarding agency
Set-aside
Total Small Business
Competition
Full and Open Competition after exclusion of sources · 3 offers Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Legislative mandates

Award details come from SAM.gov/FPDS.

About this IDV

Written by GovTribe AI ·

The Office of Federal Student Aid awarded a single-award indefinite-delivery contract to Goldschmitt-Cri-2, LLC (doing business as GCR Servicing Group) on March 12, 2025, with a ceiling of $246.45 million and ultimate completion on June 26, 2034. The contract is set aside for total small business.

Place of performance is Sterling, Virginia. The IDIQ procures Perkins Loan Servicing, including development of a security-compliant system for electronic submission, processing, and validation of loan assignment data, and incorporation of revised areas of performance with updated pricing and rates reflecting revised periods of performance.

The contract spans a 1-year base period and eight 1-year option periods. The pricing structure is firm fixed price with economic price adjustment.

A delivery order issued under this IDIQ on March 12, 2025, carries a ceiling of $17.98 million and ultimate completion on November 30, 2026. The order covers comprehensive procedures for phasing in contractor performance to prescribed levels and implementation of fire system retirement (CR 10801). Summit Technology Consulting Group, LLC (doing business as Allocore), Central Research Inc., and Goldschmitt and Associates LLC are named subcontractors. In FY2025, the order invoiced $2.3 million across 9.3 FTEs and 19,280 contractor hours, with a derived government-paid hourly rate of $120.49. All FY2025 contractor hours were subcontracted.

Task orders

Task order Ordering agency Obligated Awarded
Comprehensive procedures for phasing in contractor performance to the level prescribed under the terms of this… 91003125F0023 Office of Federal Student Aid $17,979,821

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00006 · Incorporate revised areas of performance and to update the part 1 section b.2 clin pricing and rates table to include period of performance dates. $0
Other Administrative Action P00005 · Exercise the option period, extending the period of performance to 6/26/2027. This modification also adds far 52.222-90, addressing DEI discrimination by… $0
Supplemental Agreement for work within scope P00004 · Revise the PWS and update clins 0001 transition in and clin 0003 hosting. $0
Other Administrative Action P00003 · The purpose of modification P00003 is to revise the contracting officer to jackson mcclam and the contracting specialist to NAN brillant. $0
Supplemental Agreement for work within scope P00002 · The purpose of modification P00002 is to document the lifting of the stop work order and revise the period of performance of the ID/IQ. $0
Other Administrative Action P00001 · As a result of the bid protest complaint filed with the U.S. Court of federal claims regarding contract no. 91003125D0002, the department of education is… $0
Original award $0

Subawards

Subcontractor Amount Awarded
Central Research Inc. COMPREHENSIVE PROCEDURES FOR PHASING IN CONTRACTOR PERFORMANCE TO THE LEVEL PRESCRIBED UNDER THE TERMS OF THIS CONTRACT. CONTRACTOR SHALL PREPARE TO ASSUME FULL… $1,256,523
Summit Technology Consulting Group, LLC COMPREHENSIVE PROCEDURES FOR PHASING IN CONTRACTOR PERFORMANCE TO THE LEVEL PRESCRIBED UNDER THE TERMS OF THIS CONTRACT. CONTRACTOR SHALL PREPARE TO ASSUME FULL… $9,734,433
Goldschmitt And Associates LLC COMPREHENSIVE PROCEDURES FOR PHASING IN CONTRACTOR PERFORMANCE TO THE LEVEL PRESCRIBED UNDER THE TERMS OF THIS CONTRACT. CONTRACTOR SHALL PREPARE TO ASSUME FULL… $2,197,528

Quick answers

Who was awarded contract 91003125D0002?

91003125D0002 was awarded to Goldschmitt-Cri-2, LLC by Office of Federal Student Aid (Department of Education) on March 12, 2025.

How much is contract 91003125D0002 worth?

Orders under 91003125D0002 have obligated $17,979,820. 91003125D0002's own ceiling is $246,451,189. A single order can be worth up to $246,451,189.

How many orders have been placed under contract 91003125D0002?

1 order has been placed under 91003125D0002, the latest on March 12, 2025.

Who can order from contract 91003125D0002?

91003125D0002 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 91003125D0002 competed?

The extent of competition for 91003125D0002 was full and open competition after exclusion of sources. The government received 3 offers. It was set aside: Total Small Business.

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