TANTUS TECHNOLOGIES, INC. - THIS IS A FIRM FIXED PRICE TASK ORDER FOR THE FEDERAL STUDENT AID (FSA) FINANCIAL MANAGEMENT SYSTEM (FMS) THAT INCLUDES INCENTIVES AND DISINCENTIVES BASED ON SERVICE LEVEL AGREEMENT CONTAINED WITH THE STATEMENT OF WORK.
Key Details
Description
THIS IS A FIRM FIXED PRICE TASK ORDER FOR THE FEDERAL STUDENT AID (FSA) FINANCIAL MANAGEMENT SYSTEM (FMS) THAT INCLUDES INCENTIVES AND DISINCENTIVES BASED ON SERVICE LEVEL AGREEMENT CONTAINED WITH THE STATEMENT OF WORK.
Context & Analysis
Department of Education obligated $28,981,685.52 to TANTUS TECHNOLOGIES, INC. for this is a firm fixed price task order for the federal student aid (fsa) financial management system (fms) that includes incentives and disincentives based on service level agreement contained with the…. The award is classified under NAICS 541519. Competition extent: full and open competition with 16 offers received. The procurement used a SMALL BUSINESS SET ASIDE - TOTAL set-aside. Performance is located in VA. This award is one of several similar procurements from Department of Education under NAICS 541519 — related awards are listed below.
Market context
- Recompete outlook
- Ended Nov 30, 2023 (35 months ago). Recompete signal as of Oct 19, 2026: 19/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
- Competition
- Competed, with 16 offers. 93% of 128 awards in this market (Department of Education awards in NAICS 541519 over the last 3 years) were competed; median 3 offers.
- Award size
- At $29.0M, this award is larger than 19 in 20 of the 141 priced Department of Education awards in NAICS 541519 over the last 3 years (median $463K).
- Largest vendors in this market
By obligations, Department of Education awards in NAICS 541519 over the last 3 years.
- GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC. — 1 award, $150.0M
- OBSIDIAN GLOBAL, LLC — 2 awards, $101.9M
- JAZZ SOLUTIONS INC. — 11 awards, $94.7M
- KAIVA TECH, LLC — 8 awards, $52.5M
- IRON VINE SECURITY LLC — 2 awards, $47.3M
Computed from USAspending award data on Oct 19, 2026.
Contractor Information
Related Opportunities
Similar Awards
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THE PURPOSE OF THIS CONTRACT IS FOR CONTRACTOR TO CONTINUE PROVIDING OPERATION AND MAINTENANCE OF THE APPLICATION AND ELIGIBILITY DETERMINATION SYSTEM AS THE DEPART. OF EDUCATION MOVES TOWARD IMPLEMENTING THE NEXT GENERATION DATA CENTER IT PLATFORM.
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