91003119R0008_BPO Post-Award Notice.pdf
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- Attached to
- NextGen Business Process Operations Federal contract opportunity
- Solicitation number
- 91003119R0008
About this file
This award notice announces multiple indefinite delivery indefinite quantity contracts resulting from solicitation 91003119R0008 issued by the Department of Education's Federal Student Aid office. Five contractors were awarded contracts to provide Next Generation Financial Services business process operations. The awardees are Edfinancial Services, Missouri Higher Education Loan Authority, Texas Guaranteed Student Loan Corporation, MAXIMUS Federal Services, and F.H. Cann & Associates. The total combined minimum guarantee for the multiple awards is $1.5 million with a maximum of $1.7 billion. The base ordering period is from June 2020 through June 2023 with an optional three-year extension through June 2026.
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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)
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