The federal contract IDV is for a single-award, indefinite delivery/indefinite quantity (ID/IQ) contract for loan servicing of the Perkins Loan portfolio, awarded by the U.S. Department of Education's Office of Federal Student Aid to Goldschmitt-Cri-2, LLC, a service-disabled veteran-owned small disadvantaged business. The contract has a 1-year base period and eight 1-year option periods, with an anticipated award date in late November of fiscal year 2025, and a total ceiling value of $247,423,189.10. The purpose of this contract is to provide comprehensive loan servicing, including developing a security-compliant system for electronic submission, processing, and validation of loan assignment data. The initial $7,602,427.39 delivery order is for the phasing in of contractor performance to the level prescribed under the terms of the contract, with the contractor assuming full responsibility for all areas of operation. The contract type is fixed-price with economic price adjustment, and the place of performance is Herndon, VA.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| P00001 | Other Administrative Action | $0 | 4/29/25 | |
| Not listed | Not listed | $0 | 3/11/25 |
Name | Description | Awardee | Potential Value (Click to sort descending) | Award Date (Click to sort descending) | Completion Date (Click to sort descending) | Updated At (Click to sort descending) |
|---|---|---|---|---|---|---|
Delivery Order 91003125D0002-91003125F0023 | Goldschmitt-Cri-2, LLC | $7.6m | 3/12/25 | 9/11/25 | 4/29/25 |
Name | Description | Solicitation Number | Federal Agency | Type | Posted Date (Click to sort descending) |
|---|---|---|---|---|---|
Perkins Loan Servicing | 91003124R0017 | Department of Education Contracts and Acquisition Management | Solicitation 2/3 | 10/16/24, 4:15 PM | |
Perkins Loan Servicing | 91003125D0002 | Department of Education Contracts and Acquisition Management | Award Notice 3/3 | 3/25/25, 4:03 PM | |
Perkins Loan Servicing | 91003124R0017 | Department of Education Contracts and Acquisition Management | Special Notice 1/3 | 10/8/24, 5:06 PM |