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Department of Education Awarded a Contract to EDFINANCIAL SERVICES LLC for $16,000,000,000.00

Signed on

4/24/2023, 12:00 AM

EDFINANCIAL SERVICES LLC Government Contract #91003123D0003

EDFINANCIAL SERVICES 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

EDFINANCIAL SERVICES LLC is the recipient of a $16 billion contract from the Department of Education's Federal Student Aid office. The contract, titled "Unified Servicing and Data Solution for Servicing Capabilities for FSA's Student Aid Recipients," involves financial management support services. Notable officers receiving amounts include William A Hollin ($369,667) and John J Farinella ($374,596).

Contract Details

Contract ID91003123D0003
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 RECIPIENTS.
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

RecipientEDFINANCIAL SERVICES LLC
Recipient Location298 N SEVEN OAKS DR KNOXVILLE TENNESSEE, UNITED STATES
Business CategoriesCategory Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00041$0.00May 28, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00040$0.00March 20, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00039$0.00February 24, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00038$0.00February 12, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00037$0.00January 7, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00036$0.00December 19, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00035$0.00November 29, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00034$0.00October 16, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00033$0.00September 20, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00032$0.00September 13, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00031$0.00September 3, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00030$0.00August 20, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00029$0.00August 19, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00028$0.00July 22, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00027$0.00July 15, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00026$0.00June 27, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00025$0.00May 30, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00024$0.00May 29, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00023$0.00May 22, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00022$0.00May 10, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00021$0.00April 24, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00020$0.00April 12, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00019$0.00March 29, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00018$0.00March 26, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00017$0.00March 19, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016$0.00March 18, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00015$0.00February 20, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00014$0.00February 13, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013$0.00February 1, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00012$0.00January 29, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$0.00January 24, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009$0.00January 2, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00010$0.00January 2, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$0.00November 29, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$0.00September 27, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00September 22, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$0.00September 13, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00September 8, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00August 30, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00June 29, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00May 24, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$0.00April 24, 2023

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to EDFINANCIAL SERVICES LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.