Indefinite Delivery Contract EDFSA09D0012

Award Date 6/17/09
Last Date to Order 7/10/23
Ultimate Awardee
Not listed
Federal Contract Vehicle
Pricing Type
Fixed Price with Economic Price Adjustment
Legislative Mandate
Service Contract Act
National Interest Action
None
Award Type
Multiple
Primary Consortia Member
Not listed
Similar IDVs
The federal contract IDV award is an Indefinite Delivery Contract (IDC) with a Ceiling Value of $247,423,189.10, awarded by the Department of Education's Office of Federal Student Aid to Goldschmitt-Cri-2, LLC, a Service-Disabled Veteran-Owned Small Business. The contract provides for Perkins Loan Servicing, with a 1-year base period and eight 1-year option periods, to be performed in Herndon, VA. The initial Task Order under the IDC, valued at $7,602,427.39, is for Comprehensive Procedures...
The key products and services being delivered under this federal contract IDV award are comprehensive student loan servicing capabilities for the U.S. Department of Education's Office of Federal Student Aid (FSA). The $16 billion Unified Servicing and Data Solution (USDS) Indefinite Delivery, Indefinite Quantity (IDIQ) contract was awarded to multiple prime contractors, including Maximus Education LLC, on April 25, 2023 with an ultimate completion date of April 24, 2033. Through the USDS...
The U.S. Department of Education's Office of Federal Student Aid (FSA) awarded a $16 billion multiple-award Indefinite Delivery, Indefinite Quantity (IDIQ) contract vehicle called the Unified Servicing and Data Solution (USDS) to Nelnet Servicing LLC, a for-profit limited liability company based in Lincoln, Nebraska. The USDS IDIQ aims to consolidate all federal student aid recipients under a single data processing system and modernize FSA's legacy student loan servicing operations by...
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 the Missouri Higher Education Loan Authority (Mohela), a non-profit organization that specializes in federal student loan servicing and business process operations. The USDS contract, with an ultimate completion date of April 24, 2033, aims to consolidate and modernize federal student loan...
The U.S. Department of Education's Office of Federal Student Aid (FSA) has awarded Edfinancial Services LLC, a for-profit limited liability company, a $16 billion Indefinite Delivery/Indefinite Quantity (IDIQ) contract titled the Unified Servicing and Data Solution (USDS). This multiple-award IDIQ provides a full range of student aid services, including loan servicing, contact center support, and back-office processing. Under the USDS IDIQ, Edfinancial has received several task orders,...
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The Pennsylvania Higher Education Assistance Agency (PHEAA), doing business as FedLoan Servicing, was awarded a multiple award indefinite delivery contract (IDC) by the U.S. Department of Education's Office of Federal Student Aid to provide servicing of Title IV student financial aid programs. The $2.49 billion contract, which does not have any set-aside designations, covers a range of Title IV compliance activities such as loan conversion, financial reconciliation, servicing, reporting,...
The Department of Education's Office of Federal Student Aid awarded a $1.7 billion NextGen Enhanced Processing Solution indefinite delivery, indefinite quantity (IDIQ) contract to multiple contractors, including F.h. Cann & Associates, Inc., a certified Woman-Owned Small Business. Under this IDIQ, the contractors provide non-servicing contact center support and back-office processing services in support of student financial assistance programs. Key task orders include a $41.9 million firm...
  • EDFSA09D0012
    Indefinite Delivery Contract
  • 36
    Federal Contract Awards

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 services, including call center operations, financial reporting, loan consolidation, image repository management, and direct loan consolidation shutdown support. The task orders awarded have firm fixed-price pricing structures, with potential values ranging from thousands to hundreds of millions of dollars. The contracted services are in support of the federal government's Title IV student financial aid programs, as outlined in the Health Care and Education Reconciliation Act of 2010. There are no set-aside designations associated with this IDV or its related task orders.

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