GovChime
AWARDDELIVERY ORDEROther than small business

Delivery order 91003118F0348NAVIENT CORPORATION

Overview

Award facts

Net obligations
$143.63M
$143,631,060of $192.93M potential value
Outlays (paid to date)
$620.8K
$620.8K paid of $143.63M obligated$620,803
Period of performance
Sep 1, 2018 to Sep 1, 2019
Ended
Modifications
16
Latest action Sep 18, 2020
Contract type
Delivery order
PIID 91003118F0348

Contract value is the most the government could spend; obligations are what it has legally committed; outlays are what it has actually paid.

Description of requirement

IGF::CT::IGF CRITICAL FUNCTION 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 09/01/2018 TO 08/31/2019. MODIFICATION: THE PURPOSE OF THIS MODIFICATION IS TO CREATE A NEW TASK ORDER FOR CONTRACT ED-FSA-09-D-0015 WITH THE PERIOD OF PERFORMANCE: 9/01/2018 - 8/31/2019, AND PROVIDE FUNDING FOR TITLE IV AID SERVICING THROUGH APPROXIMATELY 12/31/2018.

Dates and value

Award date
Signed on Aug 29, 2018
Potential end of performance
Aug 31, 2019
Current value
$192,931,218Base and exercised options
Potential value (if all options are exercised)
$192,931,218
Parent contract vehicle
EDFSA09D0015 (IDC, multiple award) — 19 orders recorded under it

Obligations by fiscal year of action

  • FY2020: -$15,903,434 (de-obligation)
  • FY2019: $111,293,633
  • FY2018: $48,240,860

Total across 3 fiscal years: $143,631,060

Net de-obligation in that fiscal year (obligations withdrawn).

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Sep 18, 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
Funded from
091-0202Federal accounts (agency financial reports)

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
Yes - service where PBA is used.Y

Transaction history

Modification history

Base award
Aug 29, 2018Base obligation at award: $48,200,000
Latest action
Sep 18, 2020 — CloseoutModification P00016; administrative: no change in scope or value
Latest substantive action
Aug 22, 2019 — Supplemental agreement (within scope)Modification P00014; obligation change +$20,707
Latest funding action
Dec 16, 2019 — Funding onlyModification P00015; obligation change -$15,903,434; funding only: changes obligations, not scope
Actions by type
  • Base award1
  • Supplemental agreement (within scope)10
  • Funding only3
  • Other administrative action2
  • Closeout1
17 actions recorded, Aug 29, 2018 to Sep 18, 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
17

Funding

Funding agency code
9100
Funding sub-tier code
9100
Funding office code
910055
Treasury accounts
  • 091-2018/2019-0202-000
  • 091-2019/2020-0202-000
Object classes
  • 25.2: Other services from non-Federal sources
Disaster or emergency funding (DEFC)
  • Q: Not Designated Nonemergency/Emergency/Disaster/Wildfire Suppression