07 - Initial Authorization to Operate Timeline Actions 052622.docx

This document provides details regarding the initial authorization to operate timeline for the Unified Servicing and Data Solution (USDS) system. Key actions must be completed prior to granting the initial authority to operate, including conducting an independent assessment of the system, software integration, and development efforts from 52 days prior to the planned go-live date. All required system documentation must be delivered and approved in final format by this date as well. The vendor must be ready to assist the independent assessment team during the review. The authorizing official then has 14 days after the assessment decision date to make and issue the final authorization decision. The resulting USDS contracts from solicitation 91003122R0007 will replace existing contracts and provide student loan servicing, consolidation origination and disbursement, financial reporting, processing of specialty claims, fulfillment, operational reporting, compliance monitoring, and data integrations for the Department of Education Office of Federal Student Aid.