Department of Education Contracts in Michigan
Federal contracts by Department of Education performed in Michigan (MI)
Agency State Spending Overview
The Department of Education has obligated $356,139,326 in federal contract spending performed in Michigan across 2 contract awards. Of these awards, 100% were competitively bid, meaning multiple companies submitted proposals for the work. Small businesses account for 0% of the agency's contract awards in the state. The top contractor receiving Department of Education dollars in Michigan is Great Lakes Educational Loan Services, Inc with $356.1M. This spending represents a significant portion of the federal government's economic activity in Michigan and supports jobs across multiple industry sectors.
Overview
Total Spending: $356,139,326
Contract Count: 2
Average Contract Size: $178.1M
Competition Rate: 100%
Small Business Rate: 0%
Top Contractors
Companies receiving the most Department of Education contract dollars in Michigan, ranked by total obligated value.
- Great Lakes Educational Loan Services, Inc — $356.1M (2 contracts)
Spending by Sector
How Department of Education's contract spending in Michigan is distributed across industry sectors.
- Other: $356.1M (2 contracts)
Contracts
- BASE AWARD: SERVICING OF TITLE IV STUDENT FINANCIAL AID, IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L. 111-152, 124 STAT. 1029) FOR THE PERIOD OF 6/17/2014 TO 6/16/2019. TASK ORDER: SERVICING OF TITLE IV STUDENT FINANCIAL AID IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L.111-152, 124 STAT. 1029) FOR THE PERIOD OF 09/01/2018 TO 08/31/2019. THIS TASK ORDER ALSO SERVES TO PROVIDE FUNDING UNDER CONTRACT ED-FSA-09-D-0012 FOR TITLE IV AID SERVICING THROUGH APPROXIMATELY 12/31/2018. — $180.1M
- IGF::CT::IGF CRITICAL FUNCTION BASE AWARD: SERVICING OF TITLE IV STUDENT FINANCIAL AID, IN ACCORDANCE WITH SECTION 2212 OF THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010 (PUB.L. 111-152, 124 STAT. 1029). TASK ORDER DESCRIPTION: SERVICING OF TITLE IV STUDENT FINANCIAL AID, FROM 9/1/2016 THROUGH 8/31/2017. PROVIDES FUNDING FOR TITLE IV AID SERVICING, THROUGH APPROXIMATELY 12/31/2016. PROVIDES FUNDING FOR THE DELINQUENCY REDUCTION COMPENSATION PROGRAM, IN A NOT-TO-EXCEED AMOUNT OF $500,000 PER QUARTER AND $2,000,000 ANNUALLY. — $176.1M
Frequently Asked Questions
How much does Department of Education spend on contracts in Michigan?
Department of Education has $356.1M in federal contracts performed in Michigan across 2 awards.
What is the competition rate for Department of Education contracts in Michigan?
100% of Department of Education's contracts in Michigan were competitively awarded.
Which contractors win the most Department of Education work in Michigan?
The top contractors include Great Lakes Educational Loan Services, Inc.
What industries receive Department of Education contract dollars in Michigan?
Department of Education's spending spans Other.