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Department of Education Awarded a Contract to MAXIMUS FEDERAL SERVICES, INC. for $195,953,218.52

Signed on

2/5/2025, 12:00 AM

MAXIMUS FEDERAL SERVICES, INC. Government Contract #91003125C0011

MAXIMUS FEDERAL SERVICES, INC. was awarded a contract with the United States Government for $195,953,218.52. 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 recipient of the federal contract is Maximus Federal Services, Inc., a U.S.-owned business that provides financial management support services. The contract, funded by the Department of Education, is for managing the default loan portfolio and providing information to student loan debtors. The contract is worth $19,595,218.52 and involves multiple transactions, including notable spending amounts of $13,388,462.92 and $8,596,693.92 for various services related to debt management and collections systems.

Contract Details

Contract ID91003125C0011
Contract TypeD
Total Obligation$42,440,018.66
Exercised Options$125,851,167.90
Base Amount + Options$195,953,218.52
Date Signed2025-02-05
Contract DescriptionTHE PURPOSE OF DMCS IS TO MANAGE THE DEFAULT LOAN PORTFOLIO, AND STORE, MANAGE, PROTECT, AND PROVIDE STUDENT LOAN DEBTORS IN DEFAULT AVAILABLE INFORMATION UNDER THE HEA. DMCS ENABLES BORROWERS, WHO SO CHOSE, TO MAKE PAYMENTS ON THEIR ACCOUNTS AND SEN
Start Date2025-02-01
End Date2026-01-31

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 FEDERAL SERVICES, INC.
Recipient Location1600 TYSONS BLVD STE 300 MCLEAN VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00006$2,388,167.90May 8, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $2,388,167.90 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$8,666,693.92April 22, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,666,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$13,388,462.92April 14, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $13,388,462.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$8,596,693.92March 6, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,596,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$0.00February 27, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00February 20, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$9,400,000.00February 5, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $9,400,000.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$836,685.52May 29, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $836,685.52 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$2,388,167.90May 8, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $2,388,167.90 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$8,666,693.92April 22, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,666,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$13,388,462.92April 14, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $13,388,462.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$8,596,693.92March 6, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,596,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$0.00February 27, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00February 20, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$9,400,000.00February 5, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $9,400,000.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$47,361,958.51September 3, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $47,361,958.51 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00011$536,000.00August 15, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $536,000.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$18,188,387.84July 31, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $18,188,387.84 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$9,462,102.05July 29, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $9,462,102.05 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$17,433,387.84May 30, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $17,433,387.84 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$836,685.52May 29, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $836,685.52 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$2,388,167.90May 8, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $2,388,167.90 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$8,666,693.92April 22, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,666,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$13,388,462.92April 14, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $13,388,462.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$8,596,693.92March 6, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,596,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$0.00February 27, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00February 20, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$9,400,000.00February 5, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $9,400,000.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$22,084,928.00September 18, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $22,084,928.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00013$20,635,202.15September 8, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $20,635,202.15 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$47,361,958.51September 3, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $47,361,958.51 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00011$536,000.00August 15, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $536,000.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$18,188,387.84July 31, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $18,188,387.84 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$9,462,102.05July 29, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $9,462,102.05 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$17,433,387.84May 30, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $17,433,387.84 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$836,685.52May 29, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $836,685.52 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$2,388,167.90May 8, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $2,388,167.90 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$8,666,693.92April 22, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,666,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$13,388,462.92April 14, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $13,388,462.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$8,596,693.92March 6, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,596,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$0.00February 27, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00February 20, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$9,400,000.00February 5, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $9,400,000.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00017$33,186,892.51January 20, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $33,186,892.51 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00016$11,253,096.37January 12, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $11,253,096.37 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00015$11,588,964.00November 24, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $11,588,964.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$22,084,928.00September 18, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $22,084,928.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00013$20,635,202.15September 8, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $20,635,202.15 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$47,361,958.51September 3, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $47,361,958.51 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00011$536,000.00August 15, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $536,000.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$18,188,387.84July 31, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $18,188,387.84 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$9,462,102.05July 29, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $9,462,102.05 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$17,433,387.84May 30, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $17,433,387.84 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$836,685.52May 29, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $836,685.52 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$2,388,167.90May 8, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $2,388,167.90 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$8,666,693.92April 22, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,666,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$13,388,462.92April 14, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $13,388,462.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$8,596,693.92March 6, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $8,596,693.92 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$0.00February 27, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00February 20, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$9,400,000.00February 5, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $9,400,000.00 to MAXIMUS FEDERAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.