91003119R0008_BPO Post-Award Notice.pdf

PDF 116 KB Posted

Attached to
NextGen Business Process Operations Federal contract opportunity
Solicitation number
91003119R0008
Issued by
Department of Education Contracts and Acquisition Management

About this file

This notice provides details of multiple awards resulting from Solicitation 91003119R0008 for Next Generation Financial Services Business Process Operations. The Department of Education Federal Student Aid office awarded five contractors indefinite delivery indefinite quantity contracts for a minimum of $1.5 million and maximum of $1.7 billion over a potential six-year period. Awardees include Edfinancial Services, Missouri Higher Education Loan Authority, Texas Guaranteed Student Loan Corporation, MAXIMUS Federal Services, and F.H. Cann & Associates. The base ordering period is three years from June 2020 through June 2023 with an optional three-year extension through June 2026. The solicitation sought business process operations for student financial services including loan servicing, processing, and related support activities.

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91003119R0008_0007.pdf PDF
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91003119R0008_0006.pdf PDF
23_-_Responses_to_Questions_-_updated_071819.docx DOCX document
91003119R0008_0005.pdf PDF
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Attachments_Updated_071119.zip ZIP file
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Attachments_Updated_061319.zip ZIP file
91003119R0008_0003.pdf PDF
91003119R0008_0002.pdf PDF
91003119R0008_0001.pdf PDF
04_-_Additional_Current_State_Technical_Constraints_-_updated_020519.xlsx XLSX spreadsheet
04_-_Attachments_to_Addl_Current_State_Tech_Constraints_-_updated_020519.zip ZIP file
04_-_Attachments_to_Addl_Current_State_Tech_Constraints.zip ZIP file
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Text version

Date: June 30, 2020 Subject: Request for Proposal (RFP) 91003119R0008 Title: Next Generation Financial Services (NextGen), Business Process Operations (BPO)

Department of Education (ED), Federal Student Aid (FSA) has made Multiple Awards as a result of RFP 91003119R0008. The following award information is hereby provided:

1. Number of offerors solicited:

Not limited – Full and Open posted on Federal Business Opportunities (FBO).

2. Number of proposals received: 12

3. Name and address of all Indefinite Delivery Indefinite Quantity (IDIQ) contract awardee:

No. Name and Address of Awardee Contract No.

1 Edfinancial Services, LLC

298 N Seven Oaks Dr, Knoxville, TN 37922 91003120D0001

2 Missouri Higher Education Loan Authority 633 Spirit Dr, Chesterfield, MO 63005

91003120D0002

3 Texas Guaranteed Student Loan Corporation (Trellis Company) P.O. Box 83100, Round Rock, TX 78683

91003120D0004

4 MAXIMUS Federal Services, Inc.

3120 Fairview Park Drive, Suite 400, Falls Church, VA 22042

91003120D0005

5 F.H. Cann & Associates, Inc.

1600 Osgood Street, North Andover, MA 01845

91003120D0008

4. The total amount of the Multiple-Award IDIQ contract:

Minimum Guarantee $1,500,000.00 Maximum Guarantee $1,700,000,000.00

5. Period of Performance:

Period of Performance Duration Base Ordering Period: June 23, 2020 through June 22, 2023 3 years (36 Months) Optional Ordering Period: June 23, 2023 through June 22, 2026 3 years (36 Months) Total (if Optional Ordering Period is exercised) 6 years (72 months)

File details come from the government source that posted it. Updated .