Award
91003124F0320
View source record on USAspending.gov ↗OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE TASK ORDER.
- Awarding agency
- Department of Education
- Sub-agency
- Department of Education
- Fiscal year
- FY2024
- Obligated (promised)
- $223,580,462
- Total obligation (detail)
- $223,580,462
- Potential value (ceiling)
- $223,580,462
- Outlaid (paid out, linked File C)
- no linked financial data
- Signed
- Jun 28, 2024
- Period of performance
- Jul 1, 2024 – Jun 19, 2027
- Competition
- FULL AND OPEN COMPETITION
- Offers received
- 5
- Solicitation
- SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
- Pricing
- FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT
- NAICS
- 522390 — OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION
- Award type
- DELIVERY ORDER
Structural flags (1)
Obligations ≥ 3× initial obligation
These contracts grew to at least three times the money they started with, through later changes. Some contracts are planned to grow; others grow past what was originally agreed.
growth_ratio=3.21 · total_obligation=223,580,462 · initial_obligation=69,644,570 · modification_count=44
Rule
modification_growth, methodology v1.2.0 — definition and caveats
Transactions (45)
| 0 | Jun 28, 2024 | — | $69,644,570 | OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE TASK ORDER. |
| P00001 | Jul 18, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $156,784 | THE PURPOSE OF MODIFICATION P00001 IS ADDING FUNDING AND REQUIREMENTS AS FOLLOWS CR 6676 USDS CONSOLIDATION ORIGINATOR UPDATES AND CR 7026 USDS REAMORITIZATION SCHEDULE |
| P00002 | Jul 31, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $118,842 | THE PURPOSE OF THIS MODIFICATION IS ADDING FUNDING ASSOCIATED WITH IMPLEMENTING CR 6972 3RD CATCH-UP CR FOR USDS SERVICERS TO UPDATE BUSINESS REQUIREMENTS AND TO CORRECT TYPOS, MISSING PUNCTUATION, AND CONSISTENT FORMATTING THROUGHOUT THE DOCUMENT. |
| P00003 | Aug 20, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $0 | THE PURPOSE OF THIS MODIFICATION IS FUNDING AND REQUIREMENTS FOR CR 7125-USDS SERVICER INFORMATION PORTAL INTEGRATION WITH AIMS MFA-NELNET, FIRM-FIXED PRICE OF $0.00. NELNET ADDED URLS TO BE INTEGRATED WITH THE AIMS SYSTEM. A CONTINUATION OF CR 6889. |
| P00004 | Aug 21, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $3,861 | THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDING AND REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CHANGE REQUEST - 7067 - JOINT CONSOLIDATION LOAN SEPARATION - PHASE 1 FOR THE FIXED PRICE OF $3,860.64. |
| P00005 | Sep 9, 2024 | OTHER ADMINISTRATIVE ACTION | $195,018 | THE PURPOSE OF MODIFICATION P00005 IS ADDING FUNDING ASSOCIATED WITH THE LATEST EMPLOYMENT COST INDEX (ECI) RELEASE, IN ACCORDANCE WITH THE ECONOMIC PRICE ADJUSTMENT TERMS AS WRITTEN IN THE CONTRACT. |
| P00006 | Sep 19, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $245,443 | THE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE CR 7054 - NSLDS IDR PROXY INELIGIBLE MONTHS AND PROVIDE ADDITIONAL FUNDING IN THE AMOUNT OF $ 245,443.39. |
| P00007 | Sep 20, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $216,111 | THE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE CR 6822 - FINE GRAIN FORBEARANCE REPORTING TO NSLDS - REVISED AND PROVIDE ADDITIONAL FUNDING IN THE AMOUNT OF $216,111.01. |
| P00008 | Sep 27, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $1,780,292 | THE PURPOSE OF THIS MODIFICATION IS TO FORMALIZE REQUIREMENTS AND FUNDING FOR CHANGE ORDERS ISSUED IN JULY AND AUGUST 2024, ADD FUNDING FOR CR 7170 -IDR- MOVING OF NOVEMBER 2024 IDR ANNIVERSARY DATES, AND ADD AT RISK INCENTIVE FUNDING AND DETAILS. |
| P00009 | Oct 31, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $35,708,938 | THE PURPOSE OF THIS MODIFICATION IS TO INCREASE THE QUANTITY, VALUES, AND EXERCISE THE OPTION PERIOD CLINS WITH A POP OF 11/1/2024-12/31/2024. THE TOTAL OBLIGATED AMOUNT IS INCREASED FROM $72,360,920.47, BY $35,708,937.85, TO $108,069,858.32. |
| P00010 | Nov 1, 2024 | CHANGE ORDER | $1,074,142 | THE PURPOSE OF MODIFICATION P00010 IS TO FORMALIZE REQUIREMENTS AND FUNDING FOR CHANGE ORDERS ISSUED IN OCTOBER 2024AND ISSUE A CHANGE ORDER TO ADD CR 7031-SPS PHASE 2 INTEGRATION WITH USDS SERVICERS. FUNDING IS ADDED AS A NOT TO EXCEED VALUE. |
| P00011 | Dec 2, 2024 | FUNDING ONLY ACTION | -$1,000,000 | DEOBLIGATION IN THE AMOUNT OF $1,000,000.00. CLIN 0003AC IS DECREASED FROM $1,000,000.00, BY $1,000,000.00, TO $0.00. |
| P00012 | Dec 16, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | -$482,317 | THE PURPOSE OF MODIFICATION P00012 IS TO DEFINITIZE CHANGE ORDERS 4,5,6,7,8,10&11, AND TO ADD THE FEDCONNECT INSTRUCTIONS. |
| P00013 | Dec 20, 2024 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $0 | THE PURPOSE OF MODIFICATION P00013 IS ADDING REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CR 7036. THE SPECIFIC REVISED ATTACHMENT 01 - REDLINED REQUIREMENTS ASSOCIATED WITH THIS CR ARE ATTACHED FOR THIS TASK ORDER AND SHALL BE INCORPORATED AT THE CONTR |
| P00014 | Dec 27, 2024 | EXERCISE AN OPTION | $16,350,402 | THE PURPOSE OF MODIFICATION P00014 IS TO ADJUST THE QUANTITY AND VALUES OF THE OPTIONS TO EXERCISE THE OPTION PERIOD CLINS, WITH A PERIOD OF PERFORMANCE OF 1/1/2025-1/31/2025, AND TO ADD OPTIONAL CLINS FOR THE PERIOD OF 2/1/2025-3/31/2025. |
| P00015 | Jan 31, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $117,194 | THE PURPOSE OF MODIFICATION P00015 IS TO REVISE THE IMPLEMENTATION DATE FOR CR 6972, AND DEFINITIZE REQUIREMENTS AND FIRM FIXED PRICE FUNDING FOR CHANGE ORDER ISSUED FOR CRS 7189, 7031, 7150, 7248, AND 7249. |
| P00016 | Jan 31, 2025 | EXERCISE AN OPTION | $31,701,870 | THE PURPOSE OF MODIFICATION P00016 IS TO ADJUST THE QUANTITY AND VALUES OF THE OPTIONS TO EXERCISE THE OPTION PERIOD CLINS IN THE TOTAL AMOUNT OF $32,701,870.28, WITH A PERIOD OF PERFORMANCE OF 2/1/2025-3/31/2025. |
| P00017 | Feb 13, 2025 | CHANGE ORDER | $30,616 | ISSUE A CHANGE ORDER TO ADD FUNDING AND REQUIREMENTS FOR CR 7331 MOVING OF APRIL-JAN 2026 IDR ANNIVERSARY DATES FOR SAVE AND COMBO BORROWERS. |
| P00018 | Mar 4, 2025 | CHANGE ORDER | $0 | DOCUMENT THE ISSUANCE ON FEBRUARY 26, 2025 OF A STOP WORK ORDER IN ACCORDANCE WITH CONTRACT FAR CLAUSE 52.242-15 STOP WORK ORDER (AUG 1989). 2025 STOPPING INCOME DRIVEN REPAYMENT (IDR) PROCESSING, ATTACHMENT 01 REQUIREMENTS 5102.000-5102.042. |
| P00019 | Apr 11, 2025 | EXERCISE AN OPTION | $15,254,312 | EXTEND THE CURRENT TASK ORDER BY INCREASING THE QUANTITY AND VALUES OF THE OPTION AND EXERCISE THE OPTION PERIOD CLINS IN THE TOTAL AMOUNT OF $15,254,312.35 WITH A PERIOD OF PERFORMANCE OF 02/01/25-04/30/25. |
| P00020 | Apr 11, 2025 | CHANGE ORDER | $0 | DOCUMENT THE ISSUANCE ON JANUARY 17, 2025, AND LIFT ON APRIL 10, 2025, OF A STOP WORK ORDER IN ACCORDANCE WITH CONTRACT FAR CLAUSE 52.242-15 STOP WORK ORDER (AUG 1989). |
| P00021 | Apr 18, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $10,724 | DEFINITIZE REQUIREMENTS AND FIRM FIXED PRICE FUNDING FOR CRS 7331 AND 7304 AND ADD FUNDING FOR SHORTAGES ASSOCIATED WITH ADDITIONAL VOLUME. |
| P00022 | Apr 30, 2025 | EXERCISE AN OPTION | $15,232,937 | EXTEND THE CURRENT TASK ORDER BY ADDING OPTION PERIOD CLINS, INCREASE THE QUANTITY AND VALUES OF THE OPTION, AND TO EXERCISE THE OPTION PERIOD CLINS IN THE TOTAL AMOUNT OF $15,232,936.66 WITH A PERIOD OF PERFORMANCE OF 05/01/25-05/31/25. |
| P00023 | May 16, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | -$498,903 | DEFINITIZE REQUIREMENTS AND FIRM FIXED PRICE FUNDING FOR CRS ISSUED AS CHANGE ORDERS: 7187, 7189, 7219, 7339 AND 7340. REMOVING ACCRUED INTEREST FOR PAYE, IDR AND IDR ANNIVERSARY DATES, SPOUSAL TREATMENT CHANGES FOR PROCESSING REPAYMENT PLANS. |
| P00024 | May 30, 2025 | EXERCISE AN OPTION | $29,673,353 | EXTEND THE CURRENT TASK ORDER BY ADDING OPTION PERIOD CLINS, INCREASE THE QUANTITY AND VALUES OF THE OPTION, AND TO EXERCISE THE OPTION PERIOD CLINS IN THE TOTAL AMOUNT OF $29,673,353.00, WITH A PERFORMANCE PERIOD OF 06/01/2025-07/31/2025. |
| P00025 | Jun 10, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $1,300,000 | DOCUMENT THE ISSUANCE OF AND PROVIDE EXTENSIONS TO STOP WORK ORDERS IN ACCORDANCE WITH CONTRACT FAR CLAUSE 52.242-15 STOP WORK ORDER (AUG 1989) AND ADD PERFORMANCE INCENTIVE FOR AT-RISK BORROWERS, IN THE AMOUNT OF $1,300,000.00. |
| P00026 | Jul 9, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $169,799 | ADD ADDITIONAL FUNDING, REVISE CR 6676 PHASE 4 IMPLEMENTATION DATE TO 3/26/2026, AND ADD FUNDING AND REQUIREMENTS FOR CR 7357 USDS REVISED IDR APPLICATION PROCESSING AND CR 7385 CHANGE TO SAVE GENERAL ADMINISTRATIVE FORBEARANCE. |
| P00027 | Jul 18, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $4,952 | ADD ADDITIONAL FUNDING AND REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CR 7398 - FSA CLOUD NETWORK FOR KAFKA BROKER BEING REHOSTED ON MS. |
| P00028 | Jul 24, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $404,650 | ADD FUNDING FOR SHORTAGES ASSOCIATED WITH AN INCREASE TO MAILING ENVELOPES UNDER CLIN 6. |
| P00029 | Jul 29, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $29,049,011 | EXTEND THE CURRENT TASK ORDER BY ADDING FUNDING AND INCREASING THE QUANTITY AND VALUES IN THE TOTAL AMOUNT OF $29,049,011.24, WITH A PERIOD OF PERFORMANCE OF 08/01/25-09/30/25. |
| P00030 | Aug 13, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $30,589 | REVISE IMPLEMENTATION DATES FOR CR 6822 AND CR 7150, AND FULLY DEFINITIZE THE CHANGE ORDER ISSUED FOR CR 7233. |
| P00031 | Aug 20, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $49,953 | INCORPORATE CR 7312 FY25 - FINANCIAL AUDIT HANDOUTS - NON - DEFAULTED LOANS AND EXTEND THE STOP WORK ORDER FOR WEBSITE SINGLE SIGN ON (SSO) FUNCTIONS |
| P00032 | Sep 9, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $293,776 | MOVE PHASE 4 FOR CR6676 FROM DECEMBER 2025 TO THE JUNE 2026 RELEASE, EXECUTE ONE SAVE FORBEARANCE EXTENSION, ADD CR 7420 OBBBA - SERVICER IBR CHANGES, ADD FUNDING ASSOCIATED WITH THE LATEST EMPLOYMENT COST INDEX (ECI) RELEASE, AND ISSUE STOP WORK ORD |
| P00033 | Sep 15, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $23,794 | ADD ONGOING COSTS FOR CR 7095. DOCUMENT STATUS AND EXTENSIONS OF STOP WORK ORDERS. |
| P00034 | Sep 19, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $78,866 | FORMALIZE CHANGE ORDER ISSUED FOR CR7213-NSLDS-JOINT CONSOLIDATION LOAN SEPARATION AND ADD CR7428-SAVE ANNIVERSARY DATES AND CR7429-GENERAL ADMINISTRATIVE (SAVE) FORBEARANCE EXTENSION |
| P00035 | Oct 27, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $0 | THE PURPOSE OF THIS MODIFICATION IS TO REVISE IMPLEMENTATION DATES FOR CRS 7420 OB3 SERVICER IBR CHANGES AND CR 6822 FINE GRAIN FORBEARANCE REPORTING'S PHASE 4. |
| P00036 | Nov 20, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $0 | THIS MODIFICATION IS ISSUED TO DOCUMENT AND PROVIDE EXTENSIONS TO STOP WORK ORDERS IN ACCORDANCE WITH CONTRACT FAR CLAUSE 52.242-15 STOP WORK ORDER (AUG 1989) |
| P00037 | Dec 12, 2025 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | -$25,279,097 | DEOBLIGATE FUNDING THAT IS NOT NEEDED. |
| P00038 | Jan 28, 2026 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $0 | REVISE IMPLEMENTATION DATES FOR CLIN 0010 - CR 6972 - USDS - 3RD CATCH-UP CR FOR USDS SERVICERS |
| P00039 | Feb 10, 2026 | DEFINITIZE CHANGE ORDER | $8,291 | DEFINITIZE REQUIREMENTS AND FIRM FIXED PRICE FUNDING FOR CR 7213 NSLDS - JOINT CONSOLIDATION LOAN SEPARATION |
| P00040 | Mar 6, 2026 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | -$7,941 | UPDATE IMPLEMENTATION DATES FOR CR 6676 AND CR 6972, AND DEOBLIGATE FUNDING AS A RESULT OF PARTIAL TERMINATION OF CR 7192 REQUIREMENTS. |
| P00041 | Mar 13, 2026 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $0 | UPDATE IMPLEMENTATION TIMELINE FOR CR 7054 NATIONAL STUDENT LOAN DATA SYSTEM (NSLDS) PROXY INELIGIBLE FILE PROCESSING |
| P00042 | Apr 17, 2026 | FUNDING ONLY ACTION | $9,574,149 | ADD FUNDING BACK TO THE TASK ORDER FOR FY2024Q4-FY2025Q4 NEGATIVE PERFORMANCE INCENTIVE WITHHOLDINGS PER SETTLEMENT AGREEMENT DATED FEBRUARY 5, 2026 |
| P00043 | May 4, 2026 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | -$7,654,519 | DEOBLIGATE FUNDING THAT IS NOT NEEDED. |
| P00044 | May 15, 2026 | SUPPLEMENTAL AGREEMENT FOR WORK WITHIN SCOPE | $0 | REVISE PHASE 2 IMPLEMENTATION FOR CR 7054 NATIONAL STUDENT LOAN DATA SYSTEM (NSLDS) PROXY INELIGIBLE FILE PROCESSING IMPLEMENTATION TO 6/19/27 |
Record history in our archive
Outlay keeps a content-hashed copy of this record from every pull. No post-publication revisions observed so far.
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