Contract 91003125F0302

Edfinancial Services Llc · Department Of Education · July 1, 2025

Firm Fixed PriceFull & Open CompetitionNAICS 522320IDIQ Task Order

Edfinancial Services Llc was awarded a federal contract by Department Of Education on July 1, 2025 for $37.65 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 11 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on June 26, 2026. If all options are exercised, the contract could reach $86.50 million.

Obligated to date
$37.65M
$37,646,799
Current value
$86.50M
Modifications
11
Latest June 26, 2026

Contract details

PIID
91003125F0302
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- Administrative: Other
Place of performance
Knoxville, TN
First action
July 1, 2025
Latest action
June 26, 2026

Description

BPO, TO FULLY FUND OPTION PERIOD 2 AND ADD CRS.

Modification timeline

  • June 26, 2026
    Mod P00022 · Supplemental Agreement For Work Within Scope
    $86.50M
  • February 23, 2026
    Mod P00018 · Funding Only Action
    DE-OBLIGATE FUNDING.
    $66.13M
  • January 22, 2026
    Mod P00017 · Funding Only Action
    FULLY FUND OPTION PERIOD 1.
    $66.13M
  • January 7, 2026
    Mod P00016 · Funding Only Action
    FULLY FUND OPTION PERIOD 1.
    $61.83M
  • December 31, 2025
    Mod P00015 · Funding Only Action
    A NO COST MODIFICATION TO EXTEND THE USE OF FUNDING.
    $52.81M
  • December 16, 2025
    Mod P00013 · Supplemental Agreement For Work Within Scope
    A NO COST MODIFICATION TO ADD CRS AND ADDRESS AND HOO CHANGE.
    $52.81M
  • November 26, 2025
    Mod P00012 · Supplemental Agreement For Work Within Scope
    A NO COST MODIFICATION TO EXTEND ACARI.
    $52.81M
  • September 30, 2025
    Mod P00011 · Exercise An Option
    TO EXERCISE OPTION PERIOD 1 AND PROVIDE INCREMENTAL FUNDING.
    $52.81M
  • September 24, 2025
    Mod P00010 · Funding Only Action
    TO PROVIDE FULL FUNDING.
    $47.06M
  • September 2, 2025
    Mod P00009 · Supplemental Agreement For Work Within Scope
    TO PROVIDE INCREMENTAL FUNDING AND INCORPORATE NO COST CRS.
    $43.41M

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Frequently asked questions

What is contract 91003125F0302?

Contract 91003125F0302 is a federal contract awarded to Edfinancial Services Llc by Department Of Education on July 1, 2025 for $37.65 million of work classified under FINANCIAL TRANSACTIONS PROCESSING, RESERVE, AND CLEARINGHOUSE ACTIVITIES. It has been modified 11 times since the base award.

Who won contract 91003125F0302?

Edfinancial Services Llc won contract 91003125F0302 from Department Of Education.

How much is contract 91003125F0302 worth?

Contract 91003125F0302 has obligated $37.65 million to date, with a total potential value of $86.50 million if all options are exercised.