GovChime
AWARDDELIVERY ORDEROther than small business

Delivery order 91003118F0012NAVIENT CORPORATION

Overview

Award facts

Net obligations
$4.98M
$4,977,727of $6.02M potential value
Period of performance
Apr 1, 2018 to Mar 31, 2019
Ended
Modifications
5
Latest action Jul 6, 2020
Contract type
Delivery order
PIID 91003118F0012

Description of requirement

BASE AWARD: SERVICING OF TITLE IV STUDENT FINANCIAL AID, IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L. 111-152, 124 STAT. 1029) FOR THE PERIOD OF 6/17/2014 TO 6/16/2019. TASK ORDER: SERVICING OF TITLE IV STUDENT FINANCIAL AID IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L.111-152, 124 STAT. 1029) FOR THE PERIOD OF 04/01/2018 TO 03/31/2019. MODIFICATION: THE PURPOSE OF THIS MODIFICATION IS TO PROVIDE LOAN CONSOLIDATION SERVICES, THROUGH APPROXIMATELY JUNE 30, 2018.

Dates and value

Award date
Signed on Mar 27, 2018
Potential end of performance
Mar 30, 2019
Current value
$6,024,000Base and exercised options
Potential value (if all options are exercised)
$6,024,000
Parent contract vehicle
EDFSA09D0015 (IDC, multiple award) — 19 orders recorded under it

Obligations by fiscal year of action

  • FY2019: $2,028,361
  • FY2018: $2,949,366

Total across 2 fiscal years: $4,977,727

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Jul 6, 2020. View on USAspending · Recipient on SAM.gov

Recipient

NameNAVIENT CORPORATION
LocationWILMINGTON, DE
UEIMPZ6YQV1EVX7
CAGE code7GGQ3
Business sizeOther than small businessSize at award, per the contracting officer
Organization typeCorporate not tax exempt
Parent companyNAVIENT CORPORATION

Business types and certifications

For-profit organizationCorporation (not tax-exempt)

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by
  1. Department of Education
  2. FSA ACQUISITIONS OFFICE
Funded by
  1. Department of Education
  2. FEDERAL STUDENT AID

Place of performance

Place of performance
Wilmington, New Castle County, Delaware 19801-5363
Congressional district (place of performance)
DE-00As reported at the time of the action

Classification and competition

Classification

NAICS
522390OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION
Product or service (PSC)
R710SUPPORT- MANAGEMENT: FINANCIAL (service)

Competition

Extent competed
Full and open competitionA
Solicitation procedures
Subject to multiple award fair opportunityMAFO
Set-aside
Not reported
Contract pricing
Firm fixed priceJ
Offers received
4

Contract details

Subcontracting plan
Plan required - incentive not includedC
Service Contract Act labor standards
Yes
Commercial procedures
Commercial itemA
Government-furnished property
Transaction uses GFE/GFPY
Bundled requirement
Not bundledH
Consolidated requirement
Not consolidatedD
Undefinitized action (terms not final)
No
Multi-year contract
No
Performance-based service acquisition
No - service where PBA is not used.N

Transaction history

Modification history

Base award
Mar 27, 2018Base obligation at award: $1,506,000
Latest action
Jul 6, 2020 — CloseoutModification P00005; administrative: no change in scope or value
Latest funding action
May 7, 2019 — Funding onlyModification P00004; obligation change +$70,061; funding only: changes obligations, not scope
Actions by type
  • Base award1
  • Funding only4
  • Closeout1
6 actions recorded, Mar 27, 2018 to Jul 6, 2020; each action counted once.

All contract data

All contract data

Every other field reported for this award, as of its latest reported action

Competition

Evaluation preference
No preference used
Local area set-aside
No
Synopsized publicly (SAM.gov / FedBizOpps)
Yes
Simplified procedures for commercial items
No
A-76 (FAIR Act) action
No

Pricing and financing

Paid by purchase card
No

Socio-economic and policy

Inherently governmental functions
Critical functionsCT
Recovered materials and sustainability
No clauses included and no sustainability includedC
EPA-designated product
Not requiredE
Clinger-Cohen Act planning (IT)
No

Place and origin

Domestic or foreign entity
U.S. owned businessA
Country of product or service origin
United statesUSA
Place of manufacture
Not a manufactured end productC

Structure

Award or IDV
Award
Award type
Delivery orderC
Parent vehicle type
IDCB
Parent vehicle: multiple or single award
Multiple awardM
Parent vehicle agency
Department of Education9100
Awarding agency code
9100
Awarding sub-tier code
9100
Contracting office code
910031
Transactions recorded under this award key
6

Funding

Funding agency code
9100
Funding sub-tier code
9100
Funding office code
910055