Indefinite Delivery Contract EDFSA12D0012

The key products and services being delivered under this federal Indefinite Delivery Contract (IDC) with the U.S. Department of Education's (ED) Office of Federal Student Aid (FSA) are the servicing of Title IV student financial aid in accordance with the Health Care and Education Reconciliation Act of 2010. The prime contractor is Edfinancial Services LLC, a for-profit limited liability company specializing in student loan servicing. Through multiple task orders issued under the $2.785...

This Federal Supply Schedule contract, GS23F0291K, was awarded by the U.S. Department of Education's Office of Federal Student Aid to Alltran Education, Inc., a for-profit organization, to perform collection and administrative resolution activities on debts resulting from non-payment of federal student loans. The contract provides for the delivery of these "critical function" collection services across multiple task orders, with a total potential value of over $332 million. The...

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 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...

The Federal Supply Schedule contract GS23F0235K was awarded by the General Services Administration (GSA) to Account Control Technology Inc. as a multiple award contract under the Professional Services Schedule (PSS). The contract has a total ceiling value of $585,600,000 and an ultimate completion date of May 8, 2020. The primary purpose of this contract is to provide debt collection and administrative resolution services related to defaulted federal student loans made under various Department...

The Department of Education's Office of Federal Student Aid has awarded a $16 billion multiple-award Indefinite Delivery Contract (IDC) entitled the Unified Servicing and Data Solution (USDS) to Central Research Inc., a for-profit Subchapter S Corporation. The USDS IDC 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 prime...

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,...

This multiple award Federal Supply Schedule contract with GC Services LP was awarded by the General Services Administration (GSA) under the Professional Services Schedule (PSS). The contract has a ceiling value of $483,226,960 and an ultimate completion date of May 25, 2020. Under this contract, the vendor provides private collection agency services to the Department of Education, Office of Federal Student Aid, to perform collection and administrative resolution activities on debts resulting...

The Department of Education's Office of Federal Student Aid (FSA) awarded a $6,000,000 Blanket Purchase Agreement (BPA) to CFI Group USA LLC, a for-profit limited liability company based in Ann Arbor, Michigan. The BPA, which utilizes the General Services Administration's Multiple Award Schedule (MAS) contract vehicle, requires CFI Group to provide customer experience surveying services to gather feedback from federal student aid applicants through various mobile channels. The survey results...

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...