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) for the Period of 09/01/2017 to 08/31/2018. 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 09/01/2017 to 08/31/2018. Modification to Provide Funding for Period of Performance: 9/01/2017 - 8/31/2018 and Title IV AID Servicing Through Approximately 12/31/2017
Contract Overview
Contract Amount: $145,406,696 ($145.4M)
Contractor: Navient Corporation
Awarding Agency: Department of Education
Start Date: 2017-09-01
End Date: 2018-08-31
Contract Duration: 364 days
Daily Burn Rate: $399.5K/day
Official Description: 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) FOR THE PERIOD OF 09/01/2017 TO 08/31/2018. 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 09/01/2017 TO 08/31/2018. MODIFICATION TO PROVIDE FUNDING FOR PERIOD OF PERFORMANCE: 9/01/2017 - 8/31/2018 AND TITLE IV AID SERVICING THROUGH APPROXIMATELY 12/31/2017.
Place of Performance
Location: Delaware, 19801
State: Delaware Government Spending