IDVOther than small business
IDC (multiple-award IDV) EDFSA09D0015MAXIMUS EDUCATION LLC
Overview
Award facts
- Obligated on orders under this IDV
- $1.78B
- $1,784,470,117 across 19 orders
- Period of performance
- From Jun 17, 2009
- Modifications
- 166
- Latest action Feb 27, 2024
- Contract type
- IDC (multiple-award IDV)
- PIID EDFSA09D0015
Description of requirement
SERVICING OF TITLE IV STUDENT FINANCIAL AID. TAS CODE: TAS::91 0198::TAS TO PROVIDE TITLE IV STUDENT LOAN MANAGEMENT AND SERVICING TO SECONDARY EDUCATION STUDENTS. SPECIFIC COMPLIANCE ACTIVITIES FOR SERVICING FEDERALLY HELD ASSETS MAY INCLUDE, BUT ARE NOT LIMITED TO: (1) SECURITY; (2) LOAN CONVERSION, (3) FINANCIAL RECONCILIATION; (4) SERVICING; (5) REPORTING; (6) RECORD RETENTION; AND (7) AUDIT RESPONSE SUPPORT.
Dates and value
- Award date
- Signed on Jun 17, 2009
- Ordering period ends
- Dec 15, 2023
- Ceiling
- Shared program ceiling (all awardees of this multiple-award vehicle, not a per-awardee value): $2,495,392,311
Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Feb 27, 2024. View on USAspending · Recipient on SAM.gov
Recipient
LocationRESTON, VA
UEIHSUVUJE1ESU7
CAGE code96H29
Business sizeOther than small businessSize at award, per the contracting officer
Organization typePartnership
Parent companyMAXIMUS EDUCATION LLC
Business types and certifications
For-profit organizationLimited liability companyPartnership or LLP
Self-reported at the time of the action.
Agency and place
Awarding and funding
- Awarded by
- Department of Education
- FSA ACQUISITIONS OFFICE
- Funded by
- Department of Education
- FEDERAL STUDENT AID
Classification and competition
Classification
- Product or service (PSC)
- R710SUPPORT- MANAGEMENT: FINANCIAL (service)
Competition
- Extent competed
- Full and open competitionA
- Solicitation procedures
- Two stepTS
- Set-aside
- No set-aside used
- Contract pricing
- Fixed price with economic price adjustmentK
- Offers received
- 5
Contract details
- Subcontracting plan
- Individual subcontract planF
- Major program
- Title iv additional services
- Cost Accounting Standards clause
- Not applicable exempt from CASX
- Service Contract Act labor standards
- Yes
- Commercial procedures
- Commercial products/servicesA
- Government-furnished property
- Transaction does not use GFE/GFPN
- Bundled requirement
- Not a bundled requirementD
- Consolidated requirement
- No
- Undefinitized action (terms not final)
- No
- Multi-year contract
- No
- Performance-based service acquisition
- Yes - service where PBA is used.Y
Transaction history
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
Socio-economic and policy
- Recovered materials and sustainability
- No clauses included and no sustainability includedC
- Clinger-Cohen Act planning (IT)
- No
Place and origin
- Domestic or foreign entity
- U.S. owned businessA
Structure
- Award or IDV
- IDV
- IDV type
- IDCB
- Indefinite-delivery contract type
- Indefinite delivery / indefinite quantityB
- Multiple or single award
- Multiple awardM
- Program acronym
- TIVAS
- Awarding agency code
- 9100
- Awarding sub-tier code
- 9100
- Contracting office code
- 910031
- Transactions recorded under this award key
- 166
Funding
- Funding agency code
- 9100
- Funding sub-tier code
- 9100
- Funding office code
- 910055