91003125F0042↗

Name: 91003125F0042: Operations and Maintenance (O&M) to 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 Contract for the T
Creator: SpendQuery
License: https://creativecommons.org/licenses/by/4.0/

Edfinancial Services LLC received this contract from Fsa Acquisitions Office, Department of Education: $87.45M obligated so far for support- management: financial. It runs to 2027-04-01.

Key facts · data as of Oct 25, 2026

Recipient: Edfinancial Services LLC
Awarding agency: Department of Education
Contracting office: Fsa Acquisitions Office (910031)
Obligated to date: $87.45M
Potential value: $87.45M
Ends: 2027-04-01

Source: USAspending.gov prime award records (obligations: money committed, not outlays), data as of Oct 25, 2026.

Cite this page: SpendQuery, Award 91003125F0042, data as of Oct 25, 2026, https://spendquery.com/award?id=CONT_AWD_91003125F0042_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) TO 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 CONTRACT FOR THE T

Delivery Order · Department of Education · to Edfinancial Services LLC (UEI TB69PMAFZSK8) · data as of 2026-10-25

Obligated to date$87.45M17 actions

Current value$87.45Mwith options exercised

Period2025-10-01 → 2027-04-01current end date

Up for re-bid: ends 2027-04-01. 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 · 8 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

FY2025$46.89M

FY2026$40.56M

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

17 actions since 2025-09-23. 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	P00016	Supplemental agreement (work within scope)	$103.8K	THE PURPOSE OF THIS MODIFICATION IS TO REVISE THE IMPLEMENTATION DATES FOR THE FOLLOWING CHANGE ORDERS: CHANGE REQUEST 7443, CHANGE REQUEST 7444, CHANGE REQUEST 7478, AND CHANGE REQUEST 7486, AND TO ADD ADDITIONAL FUNDING TO CHANGE REQUEST 7443.
2026-08-03	P00015	Supplemental agreement (work within scope)	-$6.6K	THE PURPOSE OF THIS MODIFICATION IS TO REVISE IMPLEMENTATION DATES FOR CR 7444 AND CR 7478, AND DE-OBLIGATE FUNDING FOR CR 7444.
2026-06-09	P00014	Supplemental agreement (work within scope)	$0	THE PURPOSE OF THIS MODIFICATION IS TO REVISE IMPLEMENTATION DATE FOR CR 7464.
2026-06-04	P00013	Supplemental agreement (work within scope)	-$6.54M	THE PURPOSE OF THIS MODIFICATION IS TO DE-OBLIGATE EXCESS FUNDING THAT WILL NOT BE INVOICED FOR CLINS 0001, 0002, 0003AA, 0003AB, 0003AC, 0004, 0006AA, 0006AB, 0006AC, 1001, 1002, 1003AA, 1004, 1006AA, AND 1006AB IN THE TOTAL AMOUNT OF $6,535,505.66.
2026-05-21	P00012	Change order definitized	$154.4K	THE PURPOSE OF THIS MODIFICATION IS TO DEFINITIZE REQUIREMENTS, FIRM FIXED PRICE AND OBLIGATE ADDITIONAL FUNDING FOR CHANGE ORDER CHANGE REQUEST 7478.
2026-03-24	P00011	Supplemental agreement (work within scope)	$0	REVISE IMPLEMENTATION DATES FOR PHASES 1 AND 3, TO MOVE REQUIREMENT 17.7 INTO A NEW PHASE 4 TO ALIGN WITH D2D AUTOMATION UNDER CR 7444. DEFINITIZES THE REQUIREMENTS, PRICE, AND REVISES IMPLEMENTATION DATES FOR PHASES 1 AND 2 FOR CHANGE ORDER CR 7486.
2026-03-13	P00010	Supplemental agreement (work within scope)	$15.9K	THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDING AND REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CHANGE REQUEST 7511.
2026-02-25	P00009	Supplemental agreement (work within scope)	$18.2K	THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDING AND REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CHANGE REQUEST 7464.
2026-01-29	P00008	Change order	$1.06M	THE PURPOSE OF THIS MODIFICATION IS TO ISSUE A CHANGE ORDER TO ADD FUNDING AND REQUIREMENTS FOR CHANGE REQUEST 7478 AND CHANGE REQUEST 7486.
2026-01-21	P00007	Change order	$126.9K	THE PURPOSE OF THIS MODIFICATION IS TO DEFINITIZE REQUIREMENTS, ESTABLISH THE FIRM FIXED PRICE, AND OBLIGATE FUNDING FOR CHANGE ORDERS CHANGE REQUESTS 7438 AND 7462.
2026-01-20	P00006	Supplemental agreement (work within scope)	$0	THE PURPOSE OF THIS MODIFICATION IS TO REVISE THE PHASE 1 IMPLEMENTATION DATE FOR CHANGE REQUEST 7443.
2026-01-13	P00005	Change order definitized	$78.7K	THE PURPOSE OF THIS MODIFICATION IS TO DEFINITIZE REQUIREMENTS, ESTABLISH THE FIRM FIXED PRICE, AND OBLIGATE FUNDING FOR CHANGE ORDER CHANGE REQUEST 7441.
2026-01-02	P00004	Option exercised	$43.56M	ADD ADDITIONAL FUNDING FOR CLINS 0001, 0002, 0003AA, 0003AB, 0004, 0006AB, AND 0006AC. ADJUST THE QUANTITY AND VALUES OF THE OPTIONS WITH A PERIOD OF PERFORMANCE OF 01/01/2026-03/31/2026.
2025-12-23	P00003	Supplemental agreement (work within scope)	$1.9K	THE PURPOSE OF THIS MODIFICATION IS TO INCORPORATE THE REQUIREMENTS ASSOCIATED WITH IMPLEMENTING CHANGE REQUEST 7481.
2025-12-09	P00002	Supplemental agreement (work within scope)	$1.98M	THE PURPOSE OF THIS MODIFICATION IS TO DEFINITIZE TWO CHANGE ORDERS, CHANGE REQUEST 7443 AND CHANGE REQUEST 7444, ESTABLISHING THEIR FIRM-FIXED PRICES AND DOCUMENTING THE OBLIGATION OF THE FUNDING.
2025-09-30	P00001	Supplemental agreement (work within scope)	$2.00M	THE PURPOSE OF THIS MODIFICATION IS TO ADD FUNDING TO CLIN 3 SUPPLEMENTAL - PERFORMANCE INCENTIVE FOR AT RISK BORROWERS.
2025-09-23	0		$44.89M	OPERATIONS AND MAINTENANCE (O&M) TO 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 CONTRACT FOR THE T

Source: USAspending.gov prime award transactions and FSRS subaward reports, as loaded by SpendQuery (data as of 2026-10-25). Amounts are obligations (money committed), not outlays. The official record on USAspending.gov ↗