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Contract 91003124F0301

Nelnet Servicing Llc · Department Of Education · June 28, 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 June 28, 2024 for $31.10 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 6 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on March 31, 2026. If all options are exercised, the contract could reach $127.47 million.

Obligated to date
$31.10M
$31,096,875
Current value
$52.90M
Potential value
$127.47M
if all options exercised
Modifications
6
Latest March 31, 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
June 28, 2024
Latest action
March 31, 2026

Description

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 EXTEND THE TERM OF THE CONTRACT.

Modification timeline

  • March 31, 2026
    Mod P00017 · Exercise An Option
    $52.90M
  • January 5, 2026
    Mod P00016 · Exercise An Option
    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 EXTEND THE TERM OF THE CONTRACT, REVISE…
    $40.78M
  • September 26, 2025
    Mod P00015 · Exercise An Option
    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-OPTION TO EXTEND THE TERM OF THE CONTRACT, …
    $36.90M
  • September 2, 2025
    Mod P00014 · Supplemental Agreement For Work Within Scope
    ADD FUNDS TO CLIN 10 FOR NEW ACTIVITIES FOR GUARANTY AGENCIES THAT WENT THROUGH THE LOAN PURCHASE PROCESS.
    $31.29M
  • July 31, 2025
    Mod P00013 · Supplemental Agreement For Work Within Scope
    THIS TASK ORDER, ENTITLED SPECIALTY TASK SERVICES (STS), IS ISSUED FOR THE CONTRACT SERVICES ASSOCIATED WITH USDS CONTRACT CLINS 8,9,10, AND 12.
    $31.28M
  • September 19, 2024
    Mod P00004 · Other Administrative Action
    THE PURPOSE OF MODIFICATION P00004 IS ADDING FUNDING ASSOCIATED WITH THE LATEST ECI RELEASE, IN ACCORDANCE WITH THE ECONOMIC PRICE ADJUSTMENT TERMS AS WRITTEN IN THE CONTRACT. ADDITIONAL FUNDING IS AD…
    $10.95M
  • June 28, 2024
    Mod P00003 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF MODIFICATION P00003 IS TO ADD FUNDING FOR THE PERIOD OF 07/01/2024-10/31/2024 AND REVISE THE PERIOD OF PERFORMANCE FOR THE OPTIONAL SUBCLINS.
    $9.37M
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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 June 28, 2024 for $31.10 million of work classified under OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION. It has been modified 6 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 $31.10 million to date, with a total potential value of $127.47 million if all options are exercised.