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EDFSA15C0006

Definitive Contract

Overview

Government Description
- TIVOD SUPPORTS THE ORIGINATION, DISBURSEMENT, AND REPORTING OF TITLE IV FEDERAL STUDENT AID PROGRAMS, INCLUDING - BUT NOT LIMITED TO - DIRECT LOANS, PELL GRANTS, AND THE TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS. THE TITLE IV SOLUTION SHALL ALSO PROVIDE ONGOING SUPPORT FOR THE DISCONTINUED TITLE IV FEDERAL STUDENT AID PROGRAMS, INCLUDING - BUT NOT LIMITED TO - ACADEMIC COMPETITIVENESS GRANTS AND NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANTS.
Awardee
Accenture Federal Services
Awarding / Funding Agency
Office of Federal Student Aid (FSA) [ED]
NAICS
522390 - Other Activities Related to Credit Intermediation
PSC
R710 - Support- Management: Financial
Technology Program
Common Origination and Disbursement (COD)
Place of Performance
Washington, DC 20202 United States
Pricing
Fixed Price
Set Aside
None
Extent Competed
Full And Open Competition
Related Opportunity
Title IV Financial Aid Origination and Disbursement (ED-FSA-14-R-0013)
Analysis Notes
COVID-19 $4,493,560 (0%) percent of this Definitive Contract was funded by COVID-19 emergency acts including the Consolidated Appropriations Act of 2021 and the American Rescue Plan Act of 2021 and the CARES Act.
Amendment Since initial award the Potential Award value has increased 19% from $1,225,316,545 to $1,454,326,687.
Subcontracting Plan This Definitive Contract has a Subcontracting Plan (without incentive). The Department of Education has an overall small business subcontracting goal of 37%
Accenture Federal Services was awarded Definitive Contract EDFSA15C0006 EDFSA15C0006 worth up to $1,454,326,687 by the Office of Federal Student Aid in March 2015. The contract has a duration of 9 years 10 months and was awarded through solicitation Title IV Financial Aid Origination and Disbursement full & open with NAICS 522390 and PSC R710 via direct negotiation acquisition procedures with 3 bids received. As of today, the Definitive Contract has a total reported backlog of $11,271,091 and funded backlog of $6,460,285.

Status
(Open)

Last Modified 12/10/24
Period of Performance
3/1/15
Start Date
1/31/25
Current End Date
1/31/25
Potential End Date
99.0% Complete

Obligations and Backlog
$1.4B
Total Obligated
$1.4B
Current Award
$1.5B
Potential Award
99% Funded
$6.5M
Funded Backlog
$11.3M
Total Backlog

Award Hierarchy

Definitive Contract

EDFSA15C0006

Subcontracts

-

Activity Timeline

Interactive chart of timeline of amendments to EDFSA15C0006

Labor Services Billing

Annual labor billing rates and FTE reported for EDFSA15C0006

Year Services Invoiced Hours FTE Blended Rate
2016 $180,024,350 671,036.3 322.6 $268.28
2017 $140,272,841 692,352.8 332.9 $202.60
2018 $130,930,691 604,283.8 290.5 $216.67
2019 $119,766,193 772,533.8 371.4 $155.03
2020 $126,431,781 841,648.6 404.6 $150.22
2021 $128,713,053 871,442.3 419.0 $147.70
2023 $154,064,130 771,236.6 370.7 $199.76

Subcontract Awards

Disclosed subcontracts for EDFSA15C0006

Opportunity Lifecycle

Procurement history for EDFSA15C0006

Transaction History

Modifications to EDFSA15C0006

People

Suggested agency contacts for EDFSA15C0006

Competition

Number of Bidders
3
Solicitation Procedures
Negotiated Proposal/Quote
Evaluated Preference
None
Commercial Item Acquisition
Commercial Item
Simplified Procedures for Commercial Items
No

Other Categorizations

Subcontracting Plan
Plan Required (Incentive Not Included)
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
C47BNA8GM833
Awardee CAGE
1ZD18
Agency Detail
Awarding Office
910031 FSA ACQUISITIONS OFFICE
Funding Office
910055
Created By
jason.dyer@ed.gov
Last Modified By
myriacarpenter@ed.gov
Approved By
myriacarpenter@ed.gov

Legislative

Legislative Mandates
None Applicable
Performance District
DC-98

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Student and Administration, Education (091-0202) Higher education Operation and maintenance of equipment (25.7) $1,078,386,830 99%
Modified: 12/10/24