Contract 91003123D0005

Nelnet Servicing Llc · Department Of Education · September 29, 2023

Fixed Price With Economic Price AdjustmentFull & Open CompetitionNAICS 522390

Nelnet Servicing Llc was awarded a federal contract by Department Of Education on September 29, 2023 for an undisclosed amount of work in other activities related to credit intermediation. It was awarded under full and open competition. The contract has been modified 15 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on February 19, 2026. If all options are exercised, the contract could reach $16.00 billion.

Potential value
$16.00B
if all options exercised
Modifications
15
Latest February 19, 2026

Contract details

PIID
91003123D0005
Award type
Indefinite Delivery / Indefinite Quantity
Pricing
Fixed Price With Economic Price Adjustment
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
522390 · Other Activities Related To Credit Intermediation
Product / service
Support- Management: Financial
First action
September 29, 2023
Latest action
February 19, 2026

Description

UPDATE FAR CLAUSE 52.216-32 TASK-ORDER AND DELIVERY-ORDER OMBUDSMAN

Modification timeline

  • February 19, 2026
    Mod P00050 · Supplemental Agreement For Work Within Scope
    $0
  • January 16, 2026
    Mod P00049 · Supplemental Agreement For Work Within Scope
    INCORPORATE USDS ATTACHMENT 01 BUSINESS OPERATIONS SERVICING REQUIREMENTS V.3.2.0.
    $0
  • January 6, 2026
    Mod P00048 · Supplemental Agreement For Work Within Scope
    ADD CLIN 15 TO ESTABLISH REIMBURSEMENT OF COSTS FOR LEGAL ACTIONS IN RESPONSE TO THE SETTLEMENT AGREEMENT RESOLVING THE APPEAL DESIGNATED CBCA NO. 8479 AND THE CERTIFIED CLAIM SUBMITTED BY NELNET.
    $0
  • September 5, 2025
    Mod P00046 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO REVISE THE PRICING STRUCTURE IN SECTION B OF THE IDIQ CONTRACT AND UPDATE THE ECI ADJUSTMENTS FOR 2025.
    $0
  • September 5, 2025
    Mod P00047 · Supplemental Agreement For Work Within Scope
    ADD CLIN 13 ALONG WITH FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT TABLE, ADD CLIN 14 ALONG WITH FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT TABLE FOR CR 7095 FOR ONGOING COSTS, REVISED TERMS AND CONDIT…
    $0
  • August 19, 2025
    Mod P00045 · Supplemental Agreement For Work Within Scope
    INCORPORATE CHANGE ORDER #22 - CR 7339, CHANGE ORDER #23 - CR 7340, CR 7312, CR 7357, CR 7385 AND REPLACE ATTACHMENT 01 - BUSINESS OPERATIONS SERVICING REQUIREMENTS TO V.3.1.0.
    $0
  • May 27, 2025
    Mod P00044
    $0
  • September 23, 2024
    Mod P00035 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE CR 7054 - NSLDS IDR PROXY INELIGIBLE MONTHS AND PROVIDE UPDATED ATTACHMENT 01 - BUSINESS OPERATIONS SERVICING REQUIREMENTS, ADD ATTACHMENT GETIDRPROG…
    $0
  • September 20, 2024
    Mod P00036 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE CR 6822 - FINE GRAIN FORBEARANCE REPORTING TO NSLDS - REVISED, PROVIDE UPDATED ATTACHMENT 01 - BUSINESS OPERATIONS SERVICING REQUIREMENTS, ADD ATTACH…
    $0
  • September 19, 2024
    Mod P00034 · Other Administrative Action
    THE PURPOSE OF THIS MODIFICATION IS TO REVISE THE PRICING STRUCTURE DUE TO THE LATEST EMPLOYMENT COST INDEX RELEASE, IAW THE ECONOMIC PRICE ADJUSTMENT TERMS METHODOLOGY WITHIN THE CONTRACT CLAUSES. TH…
    $0

Similar contracts

RecipientAgencyDateObligated
Edfinancial Services LlcDepartment Of EducationJuly 1, 2026$123.67M
Goldschmitt-Cri-2, LlcDepartment Of EducationJuly 1, 2026$12.63M
Central Research IncDepartment Of EducationJuly 1, 2026$62.07M
Missouri Higher Education Loan AuthorityDepartment Of EducationJuly 1, 2026$138.48M
Maximus Education LlcDepartment Of EducationJune 30, 2026$169.19M
Nelnet Servicing LlcDepartment Of EducationJune 30, 2026$206.79M

Top contractors in NAICS 522390

Lifetime obligated dollars across all federal contracts in this NAICS code.

Track this on BesaGov

Get a free weekly email when this changes — new awards, new sub-awards, new opportunities. No login required.

✓ You’re on the list. We’ll never spam you.

Helpful guides

Continue learning

See all guides →
More on BesaGov

Keep researching

Track this contract, set alerts on similar opportunities, and build proposal pipelines on BesaGov.
Sign up free

Frequently asked questions

What is contract 91003123D0005?

Contract 91003123D0005 is a federal contract awarded to Nelnet Servicing Llc by Department Of Education on September 29, 2023 for an undisclosed amount of work classified under OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION. It has been modified 15 times since the base award.

Who won contract 91003123D0005?

Nelnet Servicing Llc won contract 91003123D0005 from Department Of Education.

How much is contract 91003123D0005 worth?

Contract 91003123D0005 has obligated $0 to date but carries a potential ceiling of $16.00 billion if fully funded and all options are exercised.