Contract 91003120D0005
Maximus Federal Services, Inc. · Department Of Education · June 23, 2020
Maximus Federal Services, Inc. was awarded a federal contract by Department Of Education on June 23, 2020 for an undisclosed amount of work in financial transactions processing, reserve, and clearinghouse activities. It was awarded under full and open competition. The contract has been modified 23 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on December 2, 2025. If all options are exercised, the contract could reach $1.70 billion.
Contract details
- PIID
- 91003120D0005
- Award type
- —
- Pricing
- Firm Fixed Price
- Set-aside
- No Set Aside Used.
- Competition
- Full And Open Competition
- NAICS
- 522320 · Financial Transactions Processing, Reserve, And Clearinghouse Activities
- Product / service
- Support- Management: Financial
- First action
- June 23, 2020
- Latest action
- December 2, 2025
Description
TO REMOVE SECTION I-78 52.222-55 MINIMUM WAGES FOR CONTRACTOR WORKERS UNDER EXECUTIVE ORDER 14026.
Modification timeline
-
December 2, 2025Mod P00025$0
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April 23, 2025Mod P0002391003120D0005$0
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September 9, 2024Mod P00022THE PURPOSE OF MODIFICATION P00022 IS TO DELETE THE "COMMON PRICING TABLE" IN "SECTION 2.0 COMMON PRICING" IN ITS ENTIRETY AND REPLACE IT WITH AN UPDATED TABLE$0
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May 30, 2024Mod P00021THE PURPOSE OF THIS MODIFICATION IS TO ADD AND INCORPORATE WAGE DETERMINATIONS INTO THE IDIQ RETROACTIVELY TO THE INITIAL AWARD DATE OF THE IDIQ CONTRACT.$0
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May 13, 2024Mod P00020ADD SECTION I-78 52.222-55 MINIMUM WAGES FOR CONTRACTOR WORKERS UNDER EXECUTIVE ORDER 14026 (JAN 2022) TO THE IDIQ CONTRACT IN ITS ENTIRETY.$0
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March 19, 2024Mod P00019THE PURPOSE OF THIS MODIFICATION TO REVISE A PRICE BILLING CODE, REVISE THE SMALL BUSINESS SUBCONTRACTING GOALS, DOCUMENT THE APPLICABILITY OF EO 14026 AND REVI$0
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December 4, 2023Mod P00018UPDATE FSA LOCAL CLAUSES AND DIRECT THE USE OF NBIS STARTING 11/30/2023, IN LIEU OF EQIP FOR BACKGROUND INVESTIGATIONS.$0
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June 21, 2023Mod P00017THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE THE OPTIONAL ORDERING PERIOD FOR THE BPO IDIQ CONTRACT. AS A RESULT, THE PERIOD OF PERFORMANCE WILL BE EXTENDED$0
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June 6, 2023Mod P00016THE PURPOSE OF THIS ADMINISTRATIVE MODIFICATION IS TO MODIFY SECTION 4.2.4 PERFORMANCE MANAGEMENT TO REFLECT THE NEW BPO PERFORMANCE MANAGEMENT FRAMEWORK AND TR$0
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April 28, 2023Mod P00015THE PURPOSE OF THIS ADMINISTRATIVE MODIFICATION IS TO REMOVE THE DELIVERABLE FOR HARD TOKENS UNDER DELIVERABLE 10 SECURITY DOCUMENTATION POST ATO, IN TABLE 6 FS$0
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| Recipient | Agency | Date | Obligated |
|---|---|---|---|
| Fiserv Federal Systems, Inc. | Department Of Education | March 27, 2026 | $960.3K |
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| F.H. Cann & Associates, Inc. | Department Of Education | January 22, 2026 | $69.66M |
| Missouri Higher Education Loan Authority | Department Of Education | January 22, 2026 | $28.45M |
| Missouri Higher Education Loan Authority | Department Of Education | December 2, 2025 | $0 |
Top contractors in NAICS 522320
Lifetime obligated dollars across all federal contracts in this NAICS code.
| # | Contractor | Contracts | Obligated |
|---|---|---|---|
| 1 | International Business Machines Corporation | 48 | $803.82M |
| 2 | Bank Of New York Mellon (The) | 1 | $194.82M |
| 3 | F.H. Cann & Associates, Inc. | 5 | $136.89M |
| 4 | Edfinancial Services Llc | 5 | $127.16M |
| 5 | Commuter Check Services Corp. | 9 | $112.32M |
| 6 | State Street Corporation | 2 | $112.08M |
| 7 | Maximus Federal Services, Inc. | 6 | $77.30M |
| 8 | Missouri Higher Education Loan Authority | 5 | $76.05M |
| 9 | U.S. Bancorp | 230 | $68.85M |
| 10 | Dynaxys, Llc | 1 | $68.56M |
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Frequently asked questions
What is contract 91003120D0005?
Contract 91003120D0005 is a federal contract awarded to Maximus Federal Services, Inc. by Department Of Education on June 23, 2020 for an undisclosed amount of work classified under FINANCIAL TRANSACTIONS PROCESSING, RESERVE, AND CLEARINGHOUSE ACTIVITIES. It has been modified 23 times since the base award.
Who won contract 91003120D0005?
Maximus Federal Services, Inc. won contract 91003120D0005 from Department Of Education.
How much is contract 91003120D0005 worth?
Contract 91003120D0005 has obligated $0 to date but carries a potential ceiling of $1.70 billion if fully funded and all options are exercised.