The Department of Education's Office of Federal Student Aid (FSA) awarded a Blanket Purchase Agreement (BPA) to CFI Group USA LLC, a market research and customer satisfaction consulting firm, to provide survey and analysis services related to federal student aid programs. The $100 million ceiling BPA includes task orders for CFI Group to conduct quarterly surveys of student loan borrowers, analyze feedback on the Free Application for Federal Student Aid (FAFSA) program, and provide...
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 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 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 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 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,...
The U.S. Department of Education's Office of Federal Student Aid (FSA) awarded a $1.7 billion Indefinite Delivery/Indefinite Quantity (IDIQ) contract to Maximus Federal Services, Inc., a subsidiary of Maximus Inc. The NextGen Enhanced Processing Solution IDIQ contract covers a broad range of contact center support and back-office processing services to support FSA's federal student aid programs.
Under this IDIQ, FSA has issued multiple delivery orders to Maximus, including a $32.9 million...
The U.S. Department of Education's Office of Federal Student Aid has awarded Edfinancial Services LLC, doing business as Edfinancial, an Indefinite Delivery Contract (IDC) under the $1.7 billion NextGen Enhanced Processing Solution multiple-award IDIQ. The contract provides for contact center support and back-office processing services to support the full federal student aid lifecycle, including application, origination, servicing, and default management.
Under this IDC, the Department has...
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...
The Department of Transportation Maritime Administration awarded a single-award blanket purchase agreement to Centennial Technologies Inc. for temporary acquisition, program management, and administrative and professional support services. As an 8(a) and HUBZone-certified small business, Centennial Technologies will provide these services from November 2021 through November 2026 with a potential value of $1,000,000. Under this agreement, the company has received a task order to provide...