This contract expires in 14 days (Jun 20, 2026).

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FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

EDFINANCIAL SERVICES LLC - 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.

PIID: 91003124F0319
Signed Date: Nov 20, 2025Effective Date: Jul 1, 2024End Date: Closes in 14 days
Award $
$213.0M
Vendor
EDFINANCIAL SERVICES LLC
NAICS
522390
Signed Date
Nov 20, 2025

Key Details

Dollars Obligated
$213.0M
Base & All Options
Awarding Sub-Agency
Department of Education
Product Service Code
R710 - SUPPORT- MANAGEMENT: FINANCIAL
Extent Competed
FULL AND OPEN COMPETITION
Number of Offers
5
Place of Performance
WASHINGTON, DC, 202020001, CD-DC-98

Description

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.

Context & Analysis

On Nov 20, 2025, Department of Education obligated $213,037,128.66 to EDFINANCIAL SERVICES LLC for 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 requi. The award is classified under NAICS 522390 — OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION and issued as a fixed price with economic price adjustment contract. Competition extent: full and open competition with 5 offers received. Performance is located in WASHINGTON, DC. The contract is scheduled through Jun 20, 2026 — approximately 1 month remaining. This award is one of several similar procurements from Department of Education under NAICS 522390 — related awards are listed below.

Contractor Information

UEI: TB69PMAFZSK8
CAGE Code: 59S93
Location: KNOXVILLE, TN

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