91003124F0319↗
Edfinancial Services LLC received this contract from Fsa Acquisitions Office, Department of Education: $209.31M obligated so far for support- management: financial. It runs to 2027-03-20.
Key facts · data as of Oct 21, 2026
- Recipient
- Edfinancial Services LLC
- Awarding agency
- Department of Education
- Contracting office
- Fsa Acquisitions Office (910031)
- Obligated to date
- $209.31M
- Potential value
- $209.31M
- Ends
- 2027-03-20
Source: USAspending.gov prime award records (obligations: money committed, not outlays), data as of Oct 21, 2026.
Cite this page: SpendQuery, Award 91003124F0319, data as of Oct 21, 2026, https://spendquery.com/award?id=CONT_AWD_91003124F0319_9100_91003123D0003_9100
Edfinancial Services LLC: all federal awards · Department of Education: spending · Fsa Acquisitions Office: what it buys · The follow-on: recompete brief
OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE TASK ORDER.
Obligated to date$209.31M43 actions
Current value$209.31Mwith options exercised
Period2024-07-01 → 2027-03-20current end date
Up for re-bid: ends 2027-03-20. Recompete brief →
What it is
- Product or service
- Support- Management: Financial (PSC R710)
- Industry
- Other Activities Related to Credit Intermediation (NAICS 522390)
- Contracting office
- Fsa Acquisitions Office (910031)
- Competition
- Full and open competition · 5 offers received
- Pricing
- Fixed price with economic price adjustment
- How it was bought
- Multiple-award IDIQ · under 91003123D0003
- Where the work is
- Knox, TN · district TN-02
Obligations by fiscal year
FY2024$60.70M
FY2025$152.34M
FY2026-$3.73M
SpendQuery holds FY2023 on; earlier years are on USAspending.gov.
Subcontractors: where the money went next
No subawards reported for this award. Primes report subawards of $30,000 or more; many awards have none.
Every action
43 actions since 2024-06-28. Each is a modification or amendment with the money it added or took back.
| Date | Modification | Kind | Amount | What the agency wrote |
|---|---|---|---|---|
| 2026-08-24 | P00042 | Supplemental agreement (work within scope) | $0 | THE PURPOSE OF THIS MODIFICATION IS TO REVISE IMPLEMENTATION DATE FOR CR 6972. |
| 2026-07-23 | P00041 | Supplemental agreement (work within scope) | -$3.56M | THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE EXCESS FUNDING THAT WILL NOT BE INVOICED FOR CLINS 3006AB, 3006AC, 3011, 3012, 3013, 4006AA, 4006AB, 4006AC, 5003AB, 5003AC, 5006AA, AND 5006AC IN THE TOTAL AMOUNT OF $3,559,324.59. |
| 2026-06-16 | P00040 | Terminated for convenience | -$3.1K | THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE FUNDING AS A RESULT OF TERMINATION FOR CONVENIENCE OF CHANGE ORDER #11 CR 7192 REQUIREMENTS. |
| 2026-06-11 | P00039 | Supplemental agreement (work within scope) | $3.0K | UNIFIED SERVICING AND DATA SOLUTION. THE PURPOSE OF THIS MODIFICATION IS TO REVISE THE IMPLEMENTATION DATES, ARTIFACTS, COMPLIANCE STATEMENT DUE DATE, AND ADD ADDITIONAL FUNDING FOR CHANGE REQUEST 7054. |
| 2026-04-28 | P00038 | Supplemental agreement (work within scope) | $53.4K | THE PURPOSE OF THIS MODIFICATION IS TO ADD ADDITIONAL FUNDING TO CHANGE ORDER #2: SAVE JULY ADMINISTRATIVE STAY REQUIREMENTS. |
| 2026-03-19 | P00037 | Supplemental agreement (work within scope) | $0 | THE PURPOSE OF THIS MODIFICATION IS TO REVISE THE IMPLEMENTATION DATES FOR CHANGE REQUEST 6676 AND CHANGE REQUEST 6972. |
| 2026-02-26 | P00036 | Change order definitized | $5.0K | THE PURPOSE OF THIS MODIFICATION IS TO DEFINITIZE REQUIREMENTS, FIRM FIXED PRICE FUNDING, AND ADDITIONAL FUNDING FOR CR 7213. |
| 2025-12-19 | P00035 | Funding only | $1.87M | ADD ADDITIONAL FUNDING TO CLINS 5001, 5002, 5003AA, 5004, AND 5006AB FOR SEPTEMBER 2025 INVOICE SHORTAGE. |
| 2025-11-21 | P00033 | Supplemental agreement (work within scope) | -$2.10M | THE PURPOSE OF THIS MODIFICATION IS TO REVISE IMPLEMENTATION DATES FOR CRS 7420 OB3 SERVICER IBR CHANGES, CR 6822 FINE GRAIN FORBEARANCE REPORTING'S PHASE 4. AND DEOBLIGATION OF FUNDS FROM CLIN 3006AA. |
| 2025-11-20 | P00034 | Supplemental agreement (work within scope) | $0 | THIS MODIFICATION IS ISSUED TO DOCUMENT AND PROVIDE EXTENSIONS TO STOP WORK ORDERS IN ACCORDANCE WITH CONTRACT FAR CLAUSE 52.242-15 STOP WORK ORDER (AUG 1989). |
| 2025-10-21 | P00032 | Supplemental agreement (work within scope) | $0 | THE PURPOSE OF THIS MODIFICATION IS THE EXTENSION OF THE STOP WORK ORDERS FOR CR 7036 SINGLE SIGN ON, CR 7054, AND CERTAIN IDR REQUIREMENTS AND CORRECT THE PERIOD OF PERFORMANCE TO MATCH THE LAST CHANGE REQUEST COMPLETION DATE. |
| 2025-09-29 | P00031 | Supplemental agreement (work within scope) | $365 | THE PURPOSE OF THIS MODIFICATION IS TO REVISE THE PHASE III IMPLEMENTATION DATES, PHASE IV RELEASE DATE AND TO ADD ADDITIONAL FUNDING FOR CR 6676. |
| 2025-09-17 | P00030 | Supplemental agreement (work within scope) | $51.7K | EXTEND SWO FOR CR 7036 FOR 90 DAYS, REVISE IMPLEMENTATION DATES FOR CR 7150, ADD REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CR 7312, AND ADD FUNDING AND REQUIREMENTS ASSOCIATED WITH CHANGE ORDER #17 AND CR'S 7428 AND 7429. |
| 2025-09-09 | P00029 | Funding only | -$750.2K | THE PURPOSE OF THIS MODIFICATION IS TO DEOBLIGATE EXCESS FUNDING FOR CLINS 0003AF, 0006AC, 0018, 1011AA, 1011AB, 1011AC, 2006AA, AND 2006AB. |
| 2025-08-27 | P00028 | Supplemental agreement (work within scope) | $229.6K | ADD FUNDING AND REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CR 7420 OBBBA - SERVICER IBR CHANGES, ADD FUNDING ASSOCIATED WITH THE LATEST EMPLOYMENT COST INDEX (ECI) RELEASE, AND ISSUE STOP WORK ORDERS FOR CR 7192 AND CR 6904. |
| 2025-07-30 | P00027 | Option exercised | $23.38M | THE PURPOSE OF THIS MODIFICATION IS TO EXTEND THE CURRENT TASK ORDER BY ADDING FUNDING AND INCREASING THE QUANTITY AND VALUES IN THE TOTAL AMOUNT OF $23,375,000.00 WITH A PERIOD OF PERFORMANCE OF 08/01/2025-09/30/2025. |
| 2025-07-17 | P00026 | Supplemental agreement (work within scope) | $107.1K | THE PURPOSE OF THIS MODIFICATION IS TO ADD A CLIN, AND FIRM FIXED PRICE FUNDING TO THE CONTRACT FOR CHANGE ORDER 15. ADD FUNDING AND REQUIREMENTS ASSOCIATED WITH THE IMPLEMENTATION OF CR 7398. |
| 2025-07-10 | P00025 | Supplemental agreement (work within scope) | $135.5K | THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDING AND REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CHANGE REQUEST 7357 AND CHANGE REQUEST 7385, AND TO ADD ADDITIONAL FUNDING TO CLIN 0001 AND CLIN 0003AB. |
| 2025-06-18 | P00024 | Supplemental agreement (work within scope) | $0 | THE PURPOSE OF THIS MODIFICATION IS TO EXTEND THE SINGLE SIGN ON STOP WORK ORDER 45 DAYS FROM THE EXECUTED DATE OF THE MODIFICATION. |
| 2025-06-06 | P00023 | Supplemental agreement (work within scope) | $1.32M | DEFINITIZE CHANGE ORDER 22, ADD FUNDING AND DETAILS FOR PERFORMANCE INCENTIVE FOR AT-RISK BORROWERS, AND DOCUMENT THE ISSUANCE AND EXTENSIONS OF THE STOP WORK ORDERS IN ACCORDANCE WITH CONTRACT FAR CLAUSE 52.242-15 STOP WORK ORDER (AUG 1989). |
| 2025-05-30 | P00022 | Option exercised | $28.69M | EXTEND THE CURRENT TASK ORDER BY ADDING OPTION PERIOD CLINS, INCREASE THE QUANTITY AND VALUES OF THE OPTION, AND TO EXERCISE THE OPTION PERIOD CLINS IN THE TOTAL AMOUNT OF $28,690,325.00 WITH A PERIOD OF PERFORMANCE OF 06/01/2025-07/31/2025. |
| 2025-05-15 | P00021 | Change order definitized | -$398.3K | THE PURPOSE OF THIS MODIFICATION IS TO DEFINITIZE REQUIREMENTS AND FIRM FIXED PRICE FUNDING FOR CHANGE ORDERS 9, 12, 13, AND 14 ISSUED AS NOT TO EXCEED. ADDING CLINS AND FIRM FIXED PRICE FUNDING TO THE CONTRACT FOR CHANGE ORDER 23. |
| 2025-04-30 | P00020 | Option exercised | $14.44M | EXTEND THE CURRENT TASK ORDER BY ADDING OPTION PERIOD CLINS, INCREASE THE QUANTITY AND VALUES OF THE OPTION, AND TO EXERCISE THE OPTION PERIOD CLINS IN THE TOTAL AMOUNT OF $14,443,413.00 WITH A PERIOD OF PERFORMANCE OF 05/01/2025-05/31/2025. |
| 2025-04-15 | P00019 | Change order definitized | $15.7K | THE PURPOSE OF MODIFICATION P00019 IS TO DEFINITIZE REQUIREMENTS AND FIRM FIXED PRICE FUNDING FOR CHANGE ORDER 21 ISSUED AS NOT TO EXCEED. ADDING CLINS AND FIRM FIXED PRICE FUNDING TO THE CONTRACT FOR CHANGE ORDERS 16, 18, 19, AND 20. |
| 2025-04-11 | P00018 | Administrative change | $0 | DOCUMENT THE ISSUANCE ON JANUARY 17, 2025, AND LIFT ON APRIL 10, 2025, OF A STOP WORK ORDER IN ACCORDANCE WITH CONTRACT FAR CLAUSE 52.242-15 STOP WORK ORDER (AUG 1989). |
| 2025-04-01 | P00017 | Funding only | $14.47M | THE PURPOSE OF THE MODIFICATION P00017 IS TO EXTEND THE CURRENT TASK ORDER BY ADDING OPTION PERIOD CLINS, INCREASE THE QUANTITY AND VALUES OF THE OPTION, AND TO EXERCISE THE OPTION PERIOD CLINS IN THE TOTAL AMOUNT OF $14,467,949 WITH A PERIOD OF PERF |
| 2025-03-14 | P00016 | Administrative change | $0 | OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED BY THE USDS SERVICER MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CON |
| 2025-02-13 | P00015 | Change order | $15.1K | THE PURPOSE OF MODIFICATION P00015 IS TO ISSUE A CHANGE ORDER TO ADD FUNDING AND REQUIREMENTS FOR CR 7331. |
| 2025-01-31 | P00014 | Option exercised | $29.43M | THE PURPOSE OF MODIFICATION P00014 IS TO FUND THE OPTIONAL CLINS IN THE AMOUNT OF $29,429,725.54. ADD FAR CLAUSE 52.240-1 PROHIBITION ON UNMANNED AIRCRAFT SYSTEMS MANUFACTURED OR ASSEMBLED BY AMERICAN SECURITY DRONE ACT-COVERED FOREIGN ENTITIES. |
| 2024-12-30 | P00013 | Option exercised | $13.64M | THE PURPOSE OF MODIFICATION P00013 IS TO INCREASE THE QUANTITY AND VALUES OF THE OPTIONS AND TO EXERCISE THE OPTION PERIOD CLINS IN THE TOTAL AMOUNT OF $13,638,000.00 WITH A PERIOD OF PERFORMANCE OF 1/1/2025-1/31/2025. ADDITIONAL FUNDING LINE CLINS A |
| 2024-12-23 | P00012 | Supplemental agreement (work within scope) | -$450.3K | THE PURPOSE OF MODIFICATION P00012 IS TO DEFINITIZE REQUIREMENTS AND FIRM FIXED PRICE FUNDING FOR CHANGE ORDERS 5, 6, 7, 8, 10 AND 11 ISSUED AS NOT TO EXCEED, AND ADD FUNDING AND REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CR 7036. THE SPECIFIC REVISED |
| 2024-12-05 | P00011 | Funding only | -$1.00M | DEOBLIGATION IN THE AMOUNT OF $1,000,000.00. CLIN 0003AC IS DECREASED FROM $1,000,000.00, BY $1,000,000.00, TO $0.00. |
| 2024-11-01 | P00010 | Change order | $878.2K | THE PURPOSE OF MODIFICATION P00010 IS TO FORMALIZE REQUIREMENTS AND FUNDING FOR CHANGE ORDERS ISSUED IN OCTOBER 2024AND ISSUE A CHANGE ORDER TO ADD CR 7031-SPS PHASE 2 INTEGRATION WITH USDS SERVICERS. FUNDING IS ADDED AS A NOT TO EXCEED VALUE. |
| 2024-10-31 | P00009 | Supplemental agreement (work within scope) | $28.13M | THE PURPOSE OF THIS MOD IS TO INCREASE THE QUANTITY, VALUES AND TO EXERCISE THE OPTION PERIOD CLINS WITH A POP OF 11/1/2024-12/31/2024.THE TOTAL OBLIGATED AMOUNT IS INCREASED FROM $60,701,768.07, BY $28,134,607.24, TO $88,836,375.31. |
| 2024-09-25 | P00008 | Supplemental agreement (work within scope) | $1.41M | THE PURPOSE OF THIS MODIFICATION IS TO FORMALIZE REQUIREMENTS AND FUNDING FOR CHANGE ORDERS ISSUED IN JUL AND AUG 2024, ADD FUNDS FOR CR 7170-IDR-MOVING OF NOV 2024 IDR ANNIVERSARY DATES, ADD AT RISK INCENTIVE FUNDING AND DETAILS AND EXCHANGE PR LOA. |
| 2024-09-20 | P00007 | Supplemental agreement (work within scope) | $4.13M | THE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE CR 6822 - FINE GRAIN FORBEARANCE REPORTING TO NSLDS - REVISED AND PROVIDE ADDITIONAL FUNDING CLINS 1-4. |
| 2024-09-13 | P00006 | Supplemental agreement (work within scope) | $184.4K | THE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE CR 7054 - NSLDS IDR PROXY INELIGIBLE MONTHS AND PROVIDE ADDITIONAL FUNDING IN THE AMOUNT OF $184,441.30. |
| 2024-09-03 | P00005 | Administrative change | $150.3K | THE PURPOSE OF MODIFICATION P00005 IS ADDING FUNDING ASSOCIATED WITH THE LATEST EMPLOYMENT COST INDEX (ECI) RELEASE, IN ACCORDANCE WITH THE ECONOMIC PRICE ADJUSTMENT TERMS AS WRITTEN IN THE CONTRACT. |
| 2024-08-20 | P00004 | Supplemental agreement (work within scope) | $3.2K | THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDING AND REQUIREMENTS WITH IMPLEMENTING CHANGE REQUEST 7067 - JOINT CONSOLIDATION LOAN SEPARATION - PHASE 1 FOR THE FIXED PRICE OF $3,229.50. |
| 2024-08-19 | P00003 | Supplemental agreement (work within scope) | $0 | THE PURPOSE OF THIS MODIFICATION IS FUNDING AND REQUIREMENTS FOR CR 7125-USDS SERVICER INFORMATION PORTAL INTEGRATION WITH AIMS MFA-NELNET, FIRM-FIXED PRICE OF $0.00. NELNET ADDED URLS TO BE INTEGRATED WITH THE AIMS SYSTEM. A CONTINUATION OF CR 6889. |
| 2024-07-22 | P00002 | Supplemental agreement (work within scope) | $121.1K | THE PURPOSE OF THIS MODIFICATION IS ADDING FUNDING AND REQUIREMENTS FOR CR 6972 -USDS-3RD CATCH-UP CR FOR USDS SERVICERS TO PROVIDE UPDATE TO BUSINESS REQUIREMENTS AND TO CORRECT TYPOS, ADD MISSING PUNCTUATION, AND PROVIDE CONSISTENT DOCUMENT FORMAT |
| 2024-07-15 | P00001 | Supplemental agreement (work within scope) | $147.6K | THE PURPOSE OF MODIFICATION P00001 IS ADDING FUNDING AND REQUIREMENTS AS FOLLOWS CR 6676 USDS CONSOLIDATION ORIGINATOR UPDATES AND CR 7026 USDS REAMORITIZATION SCHEDULE |
| 2024-06-28 | 0 | $54.55M | OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE TASK ORDER. |
Source: USAspending.gov prime award transactions and FSRS subaward reports, as loaded by SpendQuery (data as of 2026-10-21). Amounts are obligations (money committed), not outlays. The official record on USAspending.gov ↗