FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT

NELNET SERVICING LLC - SPECIALTY TASK SERVICES (STS) TASK ORDER IS FOR IMAGE REPOSITORY, DECOMMISSIONED SERVICER DATA AND PAYMENT SUPPORT, FFEL GUARANTY AGENCY REHABILITATION LOAN PURCHASES, AND LEGACY LOAN CONSOLIDATION ORIGINATION AND DISBURSEMENT SUPPORT FUNCTIONS.

PIID: 91003124F0301Solicitation ID: 91003122R0007
Signed Date: Jan 5, 2026Effective Date: Apr 1, 2024End Date: Closed on Mar 31, 2026
Award $
$40.8M
Vendor
NELNET SERVICING LLC
NAICS
522390
Signed Date
Jan 5, 2026

Key Details

Dollars Obligated
$40.8M
Base & All Options
$-1,789,282.65
Awarding Sub-Agency
Department of Education
Product Service Code
R710 - SUPPORT- MANAGEMENT: FINANCIAL
Extent Competed
FULL AND OPEN COMPETITION
Number of Offers
8
Place of Performance
WASHINGTON, DC, 202020001, CD-DC-98

Description

SPECIALTY TASK SERVICES (STS) TASK ORDER IS FOR IMAGE REPOSITORY, DECOMMISSIONED SERVICER DATA AND PAYMENT SUPPORT, FFEL GUARANTY AGENCY REHABILITATION LOAN PURCHASES, AND LEGACY LOAN CONSOLIDATION ORIGINATION AND DISBURSEMENT SUPPORT FUNCTIONS.

Context & Analysis

On Jan 5, 2026, Department of Education obligated $40,776,076.35 to NELNET SERVICING LLC for specialty task services (sts) task order is for image repository, decommissioned servicer data and payment support, ffel guaranty agency rehabilitation loan purchases, and legacy loan consolidation o. 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 WASHINGTON, DC. This award is one of several similar procurements from Department of Education under NAICS 522390 — related awards are listed below.

Contractor Information

UEI: MNXKQ62J7AE8
CAGE Code: 5JZQ5
Location: LINCOLN, NE

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