Contract 91003120F0321

Great Lakes Educational Loan Services, Inc · Department Of Education · December 16, 2019

Firm Fixed PriceFull & Open CompetitionNAICS 522390IDIQ Task Order

Great Lakes Educational Loan Services, Inc was awarded a federal contract by Department Of Education on December 16, 2019 for $5.45 million of work in other activities related to credit intermediation. Performance is in Madison, WI. This is a task or delivery order issued under parent IDIQ EDFSA09D0012. The contract has been modified 18 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on May 8, 2024. If all options are exercised, the contract could reach $43.49 million.

Obligated to date
$5.45M
$5,453,734
Current value
$43.49M
Modifications
18
Latest May 8, 2024

Contract details

PIID
91003120F0321
Parent IDIQ
EDFSA09D0012
Award type
Delivery Order
Pricing
Firm Fixed Price
Competition
Full And Open Competition
NAICS
522390 · Other Activities Related To Credit Intermediation
Product / service
Support- Management: Financial
Place of performance
Madison, WI
First action
December 16, 2019
Latest action
May 8, 2024

Description

CLOSEOUT

Modification timeline

  • May 8, 2024
    Mod P00020
    $0
  • September 15, 2023
    Mod P00019
    THE PURPOSE OF THIS MODIFICATION IS TO PROVIDE FUNDING IN THE AMOUNT OF $11,480.16 FOR EMPLOYMENT COST INDEX (ECI) ADJUSTMENT FOR FY2022, VIA CLIN 4002.
    $11.5K
  • May 11, 2023
    Mod P00018
    THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FUNDS FROM CLINS 0011 AND 4001.
    $-1.40M
  • December 14, 2022
    Mod P00017
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OPTION PERIOD 4 AND ADD FUNDING ACCORDINGLY.
    $980.0K
  • November 28, 2022
    Mod P00016
    THE PURPOSE OF THIS MODIFICATION IS TO PROVIDE FUNDING FOR LOAN CONSOLIDATION (LC) SERVICING THROUGH APPROXIMATELY 12/14/2022.
    $835.0K
  • September 1, 2022
    Mod P00015
    THE PURPOSE OF THIS MODIFICATION IS TO PROVIDE FUNDING FOR LOAN CONSOLIDATION (LC) THROUGH APPROXIMATELY 12/14/21.
    $440.0K
  • December 15, 2021
    Mod P00014
    THE PURPOSE OF THIS MODIFICATION IS TO PROVIDE FUNDING FOR LC SERVICING FROM 01/01/2022 THROUGH 03/31/2022.
    $500.0K
  • November 5, 2021
    Mod P00013
    THE PURPOSE OF THIS MODIFICATION IS TO PROVIDE FUNDING FOR THE LOAN CONSOLIDATION (LC) THROUGH APPROXIMATELY 12/14/21.
    $411.0K
  • September 30, 2021
    Mod P00012
    EXTENSION OF TITLE IV LOAN SERVICING SERVICES.
    $0
  • June 9, 2021
    Mod P00011
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OPTION PERIOD II AND PROVIDE FUNDING.
    $800.0K

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Frequently asked questions

What is contract 91003120F0321?

Contract 91003120F0321 is a federal contract awarded to Great Lakes Educational Loan Services, Inc by Department Of Education on December 16, 2019 for $5.45 million of work classified under OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION. It has been modified 18 times since the base award.

Who won contract 91003120F0321?

Great Lakes Educational Loan Services, Inc won contract 91003120F0321 from Department Of Education.

How much is contract 91003120F0321 worth?

Contract 91003120F0321 has obligated $5.45 million to date, with a total potential value of $43.49 million if all options are exercised.