Contract 91003123F0308
Edfinancial Services Llc · Department Of Education · May 5, 2023
Edfinancial Services Llc was awarded a federal contract by Department Of Education on May 5, 2023 for $39.65 million of work in financial transactions processing, reserve, and clearinghouse activities. Performance is in Knoxville, TN. This is a task or delivery order issued under parent IDIQ 91003120D0001. The contract has been modified 14 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on February 13, 2025.
Contract details
- PIID
- 91003123F0308
- Parent IDIQ
- 91003120D0001
- Award type
- Delivery Order
- Pricing
- Firm Fixed Price
- Competition
- Full And Open Competition
- NAICS
- 522320 · Financial Transactions Processing, Reserve, And Clearinghouse Activities
- Product / service
- Support- Management: Financial
- Place of performance
- Knoxville, TN
- First action
- May 5, 2023
- Latest action
- February 13, 2025
Description
PLEASE SEE BELOW FOR MORE DETAILS.
Modification timeline
-
February 13, 2025Mod P00014$-3.07M
-
October 29, 2024Mod P00013THE TOTAL OBLIGATED AMOUNT FOR THIS TASK ORDER HAS INCREASED BY $794,969.49 FROM $41,924,148.64 TO $42,719,118.13.CR 6598 FOR AIMS USER ACCESS AS WELL AS COST P$795.0K
-
September 26, 2024Mod P00012THE TOTAL OBLIGATED AMOUNT FOR THIS TASK ORDER HAS INCREASED BY $2,071,593.13 FROM $39,852,555.51 TO $41,924,248.64. TO ADD CRS 6948, 7132, 7069, AND 7131.$2.07M
-
September 23, 2024Mod P00011THE TOTAL OBLIGATED AMOUNT FOR THIS TASK ORDER HAS DECREASED BY $750,000.00 FROM $40,602,555.51 TO $39,852,555.51. THE TOTAL TASK ORDER VALUE HAS DECREASED TO $$-750.0K
-
September 5, 2024Mod P00010TO ISSUE A STOP WORK ORDER IN ACCORDANCE WITH BPO IDIQ CONTRACT CLAUSE 52.242-15 STOP WORK ORDER FOR CHANGE REQUEST (CR) 7109 BPO SUPPORT OF STUDENT DEBT RELIEF$0
-
August 15, 2024Mod P00009TO IMPLEMENT CR 7109 (BPO SUPPORT OF STUDENT DEBT RELIEF) AND CR 7034 (DCC CCP CLOUD MIGRATION PHASE 1). INCREASED FUNDING BY $1,079,159.07 FROM $39,523,396.44$1.08M
-
August 7, 2024Mod P00008THE PURPOSE OF THIS MODIFICATION IS TO REVISE TASK BILLING CODES TO REFLECT AN UPDATE IN AVERAGE TASK TIME. TO INCORPORATE CR 7100 UNDER SECTION C.4.4 CHANGE MA$0
-
July 5, 2024Mod P00007THIS MODIFICATION MIGRATES SPECIALTY PROGRAMS INTO THE TASK ORDER AS WELL AS INCORPORATE CRS, ADD FUNDING, UPDATE POCS, AND UPDATE EDAR 3452.232-72. THE TOTAL O$5.14M
-
April 30, 2024Mod P00006EXERCISE FAR 52.217-8, EXTENSION OF SERVICES, THROUGH OCTOBER 31, 2024. THE TOTAL OBLIGATED AMOUNT FOR THIS TASK ORDER HAS INCREASED BY $15,718,035 FROM $18,665$15.72M
-
April 2, 2024Mod P00005THE PURPOSE OF THIS MODIFICATION IS TO REVISE A TASK BILLING CODE, UPDATE THE COMMON PRICING TABLE AND IMPLEMENT MONETARY ADJUSTMENTS.$0
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| Recipient | Agency | Date | Obligated |
|---|---|---|---|
| Fiserv Federal Systems, Inc. | Department Of Education | March 27, 2026 | $960.3K |
| Edfinancial Services Llc | Department Of Education | February 23, 2026 | $66.13M |
| Trintech Inc | Department Of Education | February 5, 2026 | $1.18M |
| F.H. Cann & Associates, Inc. | Department Of Education | January 22, 2026 | $69.66M |
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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 91003123F0308?
Contract 91003123F0308 is a federal contract awarded to Edfinancial Services Llc by Department Of Education on May 5, 2023 for $39.65 million of work classified under FINANCIAL TRANSACTIONS PROCESSING, RESERVE, AND CLEARINGHOUSE ACTIVITIES. It has been modified 14 times since the base award.
Who won contract 91003123F0308?
Edfinancial Services Llc won contract 91003123F0308 from Department Of Education.
How much is contract 91003123F0308 worth?
Contract 91003123F0308 has obligated $39.65 million to date.