Contract 91003124F0301

Nelnet Servicing Llc · Department Of Education · January 3, 2024

Fixed Price With Economic Price AdjustmentFull & Open CompetitionNAICS 522390IDIQ Task Order

Nelnet Servicing Llc was awarded a federal contract by Department Of Education on January 3, 2024 for $52.94 million of work in other activities related to credit intermediation. Performance is in Washington, DC. This is a task or delivery order issued under parent IDIQ 91003123D0005. The contract has been modified 18 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 16, 2026. If all options are exercised, the contract could reach $127.51 million.

Obligated to date
$52.94M
$52,938,334
Current value
$52.94M
Potential value
$127.51M
if all options exercised
Modifications
18
Latest April 16, 2026

Contract details

PIID
91003124F0301
Parent IDIQ
91003123D0005
Award type
Delivery Order
Pricing
Fixed Price With Economic Price Adjustment
Competition
Full And Open Competition
NAICS
522390 · Other Activities Related To Credit Intermediation
Product / service
Support- Management: Financial
Place of performance
Washington, DC
First action
January 3, 2024
Latest action
April 16, 2026

Description

THE PURPOSE OF THIS MODIFICATION ADD ADDITIONAL FUNDING FOR THE INCREASE IN QUANTITY FOR THE MONTH OF MARCH 2026.

Modification timeline

  • April 16, 2026
    Mod P00018
    $36.2K
  • March 31, 2026
    Mod P00017
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE THE OPTION PERIOD FROM APRIL 1, 2026 THROUGH MARCH 31, 2027, IN ACCORDANCE WITH FAR CLAUSE 52.217-9-OPTION TO EX
    $12.13M
  • January 5, 2026
    Mod P00016
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE THE OPTION PERIOD FROM JANUARY 1, 2026, THROUGH MARCH 31, 2026, IN ACCORDANCE WITH FAR CLAUSE 52.217-9-OPTION TO
    $3.87M
  • September 26, 2025
    Mod P00015
    THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE THE OPTION PERIOD 1A FROM OCTOBER 1, 2025, THROUGH DECEMBER 31, 2025, IN ACCORDANCE WITH FAR CLAUSE 52.217-9-OPT
    $5.61M
  • September 2, 2025
    Mod P00014
    ADD FUNDS TO CLIN 10 FOR NEW ACTIVITIES FOR GUARANTY AGENCIES THAT WENT THROUGH THE LOAN PURCHASE PROCESS.
    $3.1K
  • July 31, 2025
    Mod P00013
    THIS TASK ORDER, ENTITLED SPECIALTY TASK SERVICES (STS), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLINS 8,9,10, AND 12.
    $3.19M
  • June 18, 2025
    Mod P00012
    DEOBLIGATION EXCESS FUNDING FROM CLINS 0006, 0009, 0011, 0013.
    $-3.9K
  • May 30, 2025
    Mod P00011
    EXERCISE FAR CLAUSE 52.217-8 OPTION TO EXTEND SERVICES FOR TWO ADDITIONAL MONTH.
    $3.88M
  • May 6, 2025
    Mod P00010
    THIS TASK ORDER, ENTITLED SPECIALTY TASK SERVICES (STS), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLINS 8,9,10, AND 12.
    $744.8K
  • April 30, 2025
    Mod P00009
    EXERCISE FAR CLAUSE 52.217-8 OPTION TO EXTEND SERVICES FOR ONE ADDITIONAL MONTH.
    $1.47M

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Frequently asked questions

What is contract 91003124F0301?

Contract 91003124F0301 is a federal contract awarded to Nelnet Servicing Llc by Department Of Education on January 3, 2024 for $52.94 million of work classified under OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION. It has been modified 18 times since the base award.

Who won contract 91003124F0301?

Nelnet Servicing Llc won contract 91003124F0301 from Department Of Education.

How much is contract 91003124F0301 worth?

Contract 91003124F0301 has obligated $52.94 million to date, with a total potential value of $127.51 million if all options are exercised.