Department of Education Awarded a Contract to MAXIMUS EDUCATION LLC for $16,000,000,000.00

Q: Where is MAXIMUS EDUCATION LLC located?

1891 METRO CENTER DR RESTON VIRGINIA UNITED STATES

Signed on

4/24/2023, 12:00 AM

MAXIMUS EDUCATION LLC Government Contract #91003123D0001

MAXIMUS EDUCATION LLC was awarded a contract with the United States Government for $16,000,000,000.00. The contract was awarded by the agency office FSA ACQUISITIONS OFFICE, which is a division with the Department of Education within the Department of Education.

Summary of Award

The JSON data from USAspending.gov provides a detailed snapshot of a significant government contract awarded to Maximus Education LLC by the U.S. Department of Education. This contract, specifically categorized as an "Indefinite Delivery/Indefinite Quantity" (IDIQ) contract, underpins the Unified Servicing and Data Solution (USDS) initiative. This initiative primarily aims to deliver comprehensive servicing capabilities for the Federal Student Aid’s student aid recipients, a key component of the Department of Education’s mission.

**Contract Overview**

The contract, identified by the unique award ID `CONT_IDV_91003123D0001_9100`, is structured as an IDIQ type. This categorization allows for flexible procurement, facilitating additional orders over the contract period without predetermined quantities. Notably, the contract has a ceiling value of $16 billion, though currently, there is no total obligation or outlay recorded, indicating that funds have not yet been disbursed or fully obligated at the inception of the contract. This aligns with the IDIQ nature, where specific requirements and allocations are determined progressively. **Contractual Framework and Competitiveness** The contract was competitively awarded based on a full and open competition process, with eight offers received. This competitive nature emphasizes transparency and ensures that the selected contractor, Maximus Education LLC, demonstrated superior capability in meeting the project’s requirements. The solicitation procedures indicated a negotiated proposal approach, further underlying the importance of quality over cost alone in the selection process. Interestingly, despite the competitive environment, the contract set no specific aside designations such as those for small or disadvantaged businesses, indicating the high-level expertise required that might limit potential bidders to larger, more established entities. **Nature of Work and Services** The product or service code for this contract is R710, focusing on support management, specifically financial management. The related NAICS code is 522390, which encompasses various activities tied to credit intermediation. As such, Maximus Education LLC is tasked with delivering financial management and logistical support crucial for managing student aid services. This encompasses a comprehensive array of services, from data management solutions to sophisticated information systems capable of handling large volumes of data inherent to student aid services. **Contract Period and Execution** The contract spans a decade, initiating on April 25, 2023, and set to conclude on April 24, 2033. This long-term engagement underscores the structural and operational complexities involved in federal student aid services, necessitating sustained governance and adaptability throughout the contract duration. Continuous service provision over this period is vital to maintaining the stability and reliability of student aid support systems. **Recipient Details and Capabilities** Maximus Education LLC, the award recipient, is stationed in Reston, Virginia. This U.S.-owned business operates as a Limited Liability Corporation, not designated as a small business, which supports its capacity to handle extensive projects such as the USDS initiative. Their designation within the business categories suggests an ability to undertake large-scale federal contracts, supplemented by their prior experience and specialized skill set in educational and administrative domains. Maximus Education LLC’s location in Fairfax County, a region known for a robust technological and professional services ecosystem, potentially provides strategic advantages in terms of resource availability and proximity to policymakers and other stakeholders. **Funding and Agency Involvement** The U.S. Department of Education, specifically the Federal Student Aid Acquisitions Office, is both the funding and awarding entity. As the largest provider of student financial aid in the nation, the Department plays a pivotal role in facilitating post-secondary education funding. The contract supports the Department’s mission by enhancing the operational infrastructure that enables effective student aid distribution. **Transaction Details** Currently, no transaction information is recorded within the JSON data. This could indicate pending implementation stages or the initial phase of contract execution, where specific task orders have yet to be defined or executed. As the project progresses, detailed transaction data would be crucial to analyze the financial flow and evaluate contract performance. **Conclusion** This contract represents a substantial commitment by the Department of Education to enhance its student aid services through innovative solutions. Maximus Education LLC, with its expertise and comprehensive service offerings, is well-positioned to meet the complex demands of this initiative. Going forward, the ability to adapt to evolving educational finance landscapes will be integral to the successful execution of this long-term contract. The outcome of this venture could significantly influence the student aid infrastructure, affecting countless students nationwide.

Contract Details

Contract ID91003123D0001

Contract TypeIDV_B_B

Total Obligation$0.00

Exercised Options

Base Amount + Options$16,000,000,000.00

Date Signed2023-04-24

Contract DescriptionIDIQ CONTRACT ENTITLED THE UNIFIED SERVICING AND DATA SOLUTION (USDS) FOR SERVICING CAPABILITIES FOR FSA'S STUDENT AID RECEPIENTS.

Start Date2023-04-25

End Date2033-04-24

Agency Details

Awarding AgencyDepartment of Education

Awarding Sub AgencyDepartment of Education

Awarding OfficeFSA ACQUISITIONS OFFICE

Funding AgencyDepartment of Education

Funding Sub AgencyDepartment of Education

Funding OfficeFEDERAL STUDENT AID

Recipient Details

RecipientMAXIMUS EDUCATION LLC

Recipient Location1891 METRO CENTER DR RESTON VIRGINIA, UNITED STATES

Business CategoriesCategory Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business