Contract 91003124F0321

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 $169.59 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 28 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on March 13, 2026. If all options are exercised, the contract could reach $398.49 million.

Obligated to date
$169.59M
$169,591,332
Current value
$398.49M
Modifications
28
Latest March 13, 2026

Contract details

PIID
91003124F0321
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 13, 2026

Description

THE PURPOSE OF THIS MODIFICATION IS TO LIFT STOP WORK ORDER - CR 7054 NSLDS IDR PROXY INELIGIBLE MONTHS IN ACCORDANCE WITH FAR 52.242-15 STOP WORK ORDER (AUG 1989) AND UPDATE SCHEDULE DATES.

Modification timeline

  • March 13, 2026
    Mod P00048 · Supplemental Agreement For Work Within Scope
    $398.49M
  • February 26, 2026
    Mod P00047 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO DECREASE THE PRICE FOR CR 7150 AS PHASE 4 IS NO LONGER APPLICABLE BECAUSE THE 1099 REQUIREMENT FOR TPD IS REMOVED.
    $398.49M
  • February 20, 2026
    Mod P00046 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO PUT ADDITIONAL FUNDING FOR CR 7213 AND DEFINITIZE THE CR ON THIS MODIFICATION.
    $398.56M
  • January 15, 2026
    Mod P00045 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO REMOVE THE UAT ARTIFACTS FOR CR 7420 OB3 - SERVICER IBR CHANGES
    $398.54M
  • January 6, 2026
    Mod P00044 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO ADD CLIN 4017 TO ESTABLISH REIMBURSEMENT OF COSTS FOR LEGAL ACTIONS AND TO PROVIDE FUNDING IN RESPONSE TO THE SETTLEMENT AGREEMENT RESOLVING THE APPEAL DESIGNATE…
    $398.54M
  • December 4, 2025
    Mod P00043 · Supplemental Agreement For Work Within Scope
    THIS MODIFICATION IS TO PROVIDE ADDITIONAL FUNDING TO CLIN 6AC - ALTERNATE FORMAT FOR THE INCREASE IN QUANTITY.
    $398.40M
  • November 24, 2025
    Mod P00042 · Supplemental Agreement For Work Within Scope
    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)
    $398.40M
  • November 14, 2025
    Mod P00041 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO MODIFY THE FIRM-FIXED PRICE OF CHANGE REQUEST (CR) 7420 OB3 - SERVICER IBR CHANGES DUE TO CHANGES FROM CR 7420 QUESTIONS AND ANSWERS V.12.
    $398.40M
  • October 22, 2025
    Mod P00013 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO REVISE DATES IN CHANGE REQUEST (CR) 7420 OB3 - SERVICER IBR CHANGES.
    $398.32M
  • September 18, 2025
    Mod P00040 · Supplemental Agreement For Work Within Scope
    THE PURPOSE OF THIS MODIFICATION IS TO ADD CLIN 4014 FOR CHANGE ORDER #17 - CR 7213, INCORPORATE AND ADD REQUIREMENTS FOR CR 7428 AND CR 7429.
    $398.32M

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Frequently asked questions

What is contract 91003124F0321?

Contract 91003124F0321 is a federal contract awarded to Nelnet Servicing Llc by Department Of Education on June 28, 2024 for $169.59 million of work classified under OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION. It has been modified 28 times since the base award.

Who won contract 91003124F0321?

Nelnet Servicing Llc won contract 91003124F0321 from Department Of Education.

How much is contract 91003124F0321 worth?

Contract 91003124F0321 has obligated $169.59 million to date, with a total potential value of $398.49 million if all options are exercised.