Unified Servicing and Data Solution (USDS)

IDIQ

Description

Provide provide servicing capabilities for FSA's student aid recipients. The vehicle replaces the existing Title IV Additional Servicers (TIVAS) and Not-For-Profit (NFP) Servicers (collectively, Legacy Servicers) contracts and provide the following services:
*Complete Student Loan Servicing;
*Student Loan Consolidation Origination and Disbursement;
*Financial Reporting;
*Processing of Specialty Claims (discharge, forgiveness, and cancellation);
*Complete Fulfillment;
*Operational Reporting;
*Compliance Monitoring; and
*Data Integrations with other FSA Systems.

Overview

Ceiling

$16,000,000,000

Primary Sponsoring Agency

Office of Federal Student Aid (FSA) [ED]

Who Can Use

One Agency

Primary NAICS

522390 - Other Activities Related to Credit Intermediation

Primary PSC

R710 - Support- Management: Financial

Primary Set Aside

None

Extent Competed

Full And Open Competition

Related Opportunity

Unified Servicing and Data Solution (USDS) Solicitation (91003122R0007)

Unified Servicing and Data Solution (USDS) awarded by Office of Federal Student Aid (FSA) in April 2023 accepts orders through April 2028. The IDIQ has a reported ceiling of $16,000,000,000, and as of today, $1,149,937,416 has been obligated through the vehicle with a total reported backlog of $401,532,585. The IDIQ was awarded full & open and has a primary NAICS code of 522390.

Award Hierarchy

Vehicle

Unified Servicing and Data Solution (USDS)

Indefinite Delivery Vehicles

Prime Contracts

Subcontracts

Status

Period of Performance

4/25/23

Start Date

4/24/28

Ordering Period End Date

40.0% Complete

Task Order Obligations and Backlog

$1.1B

Total Obligated

$1.1B

Current Award

$1.6B

Potential Award

74% Funded

$0.0

Funded Backlog

$401.5M

Total Backlog

Vehicle Award Share

Contractors with greatest percentage of obligations for Unified Servicing and Data Solution (USDS)

Vehicle Award Share

Federal Award Analysis