This contract expires in 80 days (Jan 15, 2027).
EDFINANCIAL SERVICES LLC - OPERATIONS AND MAINTENANCE (O&M) TO FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED BY THE USDS SERVICER MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE T
Key Details
Description
OPERATIONS AND MAINTENANCE (O&M) TO FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED BY THE USDS SERVICER MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE T
Context & Analysis
On Jan 20, 2026, Department of Education obligated $93,719,833.23 to EDFINANCIAL SERVICES LLC for operations and maintenance (o&m) to for student loan servicing in accordance with the requirements of the usds contract. all work and deliverables provided by the usds servicer must be in accordance w…. 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 8 offers received. Performance is located in KNOXVILLE, TN. The contract is scheduled through Jan 15, 2027 — approximately 3 months remaining. This award is one of several similar procurements from Department of Education under NAICS 522390 — related awards are listed below.
Market context
- Recompete outlook
- Ends Jan 15, 2027, in 3 months. Recompete signal as of Oct 16, 2026: 77/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
- Competition
- Competed, with 8 offers. 97% of 36 awards in this market (Department of Education awards in NAICS 522390 over the last 3 years) were competed; median 5 offers.
- Award size
- At $93.7M, this award is above the median of the 30 priced Department of Education awards in NAICS 522390 over the last 3 years (median $59.7M).
- Incumbent at this agency
- EDFINANCIAL SERVICES LLC has 6 other awards from Department of Education, totalling $635.7M, 2025–2026.
- Largest vendors in this market
By obligations, Department of Education awards in NAICS 522390 over the last 3 years.
- ACCENTURE FEDERAL SERVICES LLC — 1 award, $1.5B
- MAXIMUS EDUCATION LLC — 6 awards, $843.3M
- NELNET SERVICING LLC — 6 awards, $833.0M
- MISSOURI HIGHER EDUCATION LOAN AUTHORITY — 6 awards, $454.3M
- CENTRAL RESEARCH INC — 4 awards, $218.0M
Computed from USAspending award data on Oct 16, 2026.
Contractor Information
Similar Awards
IGF::CL::IGF - TIVOD SUPPORTS THE ORIGINATION, DISBURSEMENT, AND REPORTING OF TITLE IV FEDERAL STUDENT AID PROGRAMS, INCLUDING - BUT NOT LIMITED TO - DIRECT LOANS, PELL GRANTS, AND THE TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS. THE TITLE IV SOLUTION SHALL ALSO PROVIDE ONGOING SUPPORT FOR THE DISCONTINUED TITLE IV FEDERAL STUDENT AID PROGRAMS, INCLUDING - BUT NOT LIMITED TO - ACADEMIC COMPETITIVENESS GRANTS AND NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANTS.
ACCENTURE FEDERAL SERVICES LLC
$1.5B
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.
NELNET SERVICING LLC
$398.5M
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.
MAXIMUS EDUCATION LLC
$302.9M
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.
MISSOURI HIGHER EDUCATION LOAN AUTHORITY
$246.9M
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.
EDFINANCIAL SERVICES LLC
$213.0M
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