Legacy Loan Servicing Contract - EdFinancial
Awarded Award Notice Posted
- Solicitation number
- Legacy_Awards_EDFSA12D0005
- Agency
- Contracts and Acquisition Management Department of Education
- Awarded
- to Edfinancial Services LLC
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- ED-FSA-12-D-0005 Federal IDV award
- NAICS code
- 522390 Other Activities Related to Credit Intermediation
- PSC
- R710 Support- Management: Financial
- Place of performance
- United States
Notice details come from SAM.gov. Updated .
About this opportunity
This Award Notice from the Department of Education awards a contract to EDFinancial Services LLC for legacy student loan servicing. Under the terms of the contract, EDFinancial will provide commercial loan servicing for Title IV student financial aid obligations, including management of outstanding debt. The contract award amount totals $278,530,000 for servicing federally-held student loan assets in compliance with federal and state regulations. Pricing in the contract attachments includes tiered rates based on loan status and volume, escalating annually according to Bureau of Labor Statistics indices.
Notice text
See attached contract award.
Awarded contract ED-FSA-12-D-0005 to EDFINANCIAL SERVICES LLC for 2785300000.00 on 2012-01-23.
Attachments
| File | Type | Posted |
|---|---|---|
| EDFSA12D0005.pdf |
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