Indefinite Delivery Contract EDFSA13D0002

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...

The U.S. Department of Education's Office of Federal Student Aid awarded a single-award Blanket Purchase Agreement to Viridis Point, LLC, an SBA-certified 8(a) joint venture, on February 1, 2026, with a ceiling value of $3.98 million and an ultimate completion date of January 31, 2029. The contract supports implementation of requirements under the One Big Beautiful Bill Act and seeks to obtain support from project management professionals and data analysts with expertise in planning,...

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...

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 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...

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...

This $16 billion Indefinite Delivery Contract (IDC) titled the "Unified Servicing and Data Solution (USDS)" was awarded by the U.S. Department of Education's Office of Federal Student Aid to the prime contractor Central Research Inc. The USDS IDC aims to modernize the agency's legacy student loan servicing systems onto a single portal at StudentAid.gov. Under this multiple-award contract vehicle, the Department of Education has issued several significant task orders to Central Research...

Missouri Higher Education Loan Authority (Mohela), a nonprofit organization headquartered in Chesterfield, Missouri, has been awarded the Unified Servicing and Data Solution (USDS) indefinite delivery/indefinite quantity contract by the U.S. Department of Education's Office of Federal Student Aid. This $16 billion multiple-award IDIQ contract, awarded on April 25, 2023, with an ultimate completion date of April 24, 2033, represents the Department's comprehensive modernization initiative to...

The NextGen Enhanced Processing Solution is a $1.7 billion multiple-award Indefinite Delivery/Indefinite Quantity contract awarded by the U.S. Department of Education's Office of Federal Student Aid on June 23, 2020, with an ultimate completion date of June 22, 2026. Edfinancial Services LLC, headquartered in Knoxville, Tennessee, is one of five Business Process Outsourcing providers selected to deliver contact center support and back-office processing services across the federal student loan...