Contract 91003124F0312

Nelnet Servicing Llc · Department Of Education · July 8, 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 July 8, 2024 for $79.27 million (current value) 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 5 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on February 23, 2026. If all options are exercised, the contract could reach $79.27 million.

Current value
$79.27M
Modifications
5
Latest February 23, 2026

Contract details

PIID
91003124F0312
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
July 8, 2024
Latest action
February 23, 2026

Description

THIS MODIFICATION IS ISSUED TO TERMINATE CR 6955 AND 7037 IN ACCORDANCE WITH CONTRACT FAR CLAUSE 52.249-4 TERMINATION FOR CONVENIENCE OF THE GOVERNMENT (SERVICES) AND DE-OBLIGATE FUNDS.

Modification timeline

  • February 23, 2026
    Mod P00015 · Terminate For Convenience (Complete Or Partial)
    $79.27M
  • November 24, 2025
    Mod P00016 · Other Administrative Action
    THIS MODIFICATION IS ISSUED TO PROVIDE EXTENSION TO A STOP WORK ORDER IN ACCORDANCE WITH CONTRACT FAR CLAUSE 52.242-15 STOP WORK ORDER (AUG 1989)
    $81.75M
  • September 23, 2024
    Mod P00011 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO FORMALIZE STOP WORK ORDERS FOR SAVE IDR AND SAVE PROCESSING, AND A CHANGE ORDER FOR SAVE INJUNCTION REQUIREMENTS FOR THE FIRM FIXED PRICE OF $3,447.02.
    $87.22M
  • September 10, 2024
    Mod P00010 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO DEOBLIGATE FUNDING THAT IS NOT NEEDED.
    $87.21M
  • July 12, 2024
    Mod P00009 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF MODIFICATION P00009 IS TO FORMALIZE THE REQUIREMENTS AND FUNDED AMOUNT FOR SAVE RECALC DELAY REQUIREMENTS. PLACES ALL BORROWERS ON SAVE WITH MPA GREATER THAN $0 AND DUE DATES JULY 1-15 …
    $88.36M
  • July 8, 2024
    Mod P00008 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDING FOR CR 7037-SDR-USDS STUDENT DEBT RELIEF DISCHARGE PROCESSING. ADDITIONAL TYPES OF FORGIVENESS ARE BEING IMPLEMENTED. SERVICER SHALL SUPPORT THE IMPL…
    $88.34M

Similar contracts

RecipientAgencyDateObligated
Maximus Education LlcDepartment Of EducationMarch 31, 2026$164.83M
Nelnet Servicing LlcDepartment Of EducationMarch 31, 2026$200.25M
Central Research IncDepartment Of EducationMarch 31, 2026$49.91M
Missouri Higher Education Loan AuthorityDepartment Of EducationMarch 31, 2026$128.15M
Nelnet Servicing LlcDepartment Of EducationMarch 31, 2026$52.90M
Maximus Education LlcDepartment Of EducationMarch 31, 2026$50.42M

Top contractors in NAICS 522390

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

#ContractorContractsObligated
1Nelnet Servicing Llc8$297.32M
2Maximus Education Llc7$251.34M
3Edfinancial Services Llc6$168.08M
4Missouri Higher Education Loan Authority6$153.36M
5Central Research Inc2$23.01M
6Information Systems & Networks Corporation1$17.71M
7Dynaxys, Llc1$4.30M
8Identi-Check Inc1$0
9Goldschmitt-Cri-2, Llc2$0
10Accenture Federal Services Llc1$-68.9K

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Frequently asked questions

What is contract 91003124F0312?

Contract 91003124F0312 is a federal contract awarded to Nelnet Servicing Llc by Department Of Education on July 8, 2024 for $79.27 million of work classified under OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION. It has been modified 5 times since the base award.

Who won contract 91003124F0312?

Nelnet Servicing Llc won contract 91003124F0312 from Department Of Education.

How much is contract 91003124F0312 worth?

Contract 91003124F0312 has obligated $0 to date but carries a potential ceiling of $79.27 million if fully funded and all options are exercised.