Department of Education Awarded a Contract to ARETE CONSULTING LLC for $2,862,889.14

Q: Where is ARETE CONSULTING LLC located?

150 RIVERSIDE PKWY STE 206 FREDERICKSBURG VIRGINIA UNITED STATES

Signed on

7/17/2025, 12:00 AM

ARETE CONSULTING LLC Government Contract #91003125F0014

ARETE CONSULTING LLC was awarded a contract with the United States Government for $2,862,889.14. 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

ARETE CONSULTING LLC, a Small Business based in Fredericksburg, Virginia, has been awarded a contract worth $548,790.12 by the Department of Education's Federal Student Aid office. The contract is for operations and maintenance support for the Health Education Assistance Loan online processing system. Notable details include a base amount of $2,862,889.14, with a total account obligation of $131,585.39. The work falls under the category of professional services for program management/support.

Contract Details

Contract ID91003125F0014

Contract TypeC

Total Obligation$548,790.12

Exercised Options$2,862,889.14

Base Amount + Options$2,862,889.14

Date Signed2025-07-17

Contract DescriptionOPERATIONS AND MAINTENANCE SUPPORT FOR THE HEALTH EDUCATION ASSISTANCE LOAN ONLINE PROCESSING SYSTEM FOR FSA.

Start Date2025-07-19

End Date2026-07-18

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

RecipientARETE CONSULTING LLC

Recipient Location150 RIVERSIDE PKWY STE 206 FREDERICKSBURG VIRGINIA, UNITED STATES

Business Categories8(a) Program Participant, Asian Pacific American Owned Business, Category Business, DoT Certified Disadvantaged Business Enterprise, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Sole Proprietorship, Special Designations, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00002 | $0.00December 4, 2025

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

This payment could indicate a change to the existing contract.

Transaction #P00001 | $417,204.73September 11, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $417,204.73 to ARETE CONSULTING LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $131,585.39July 17, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $131,585.39 to ARETE CONSULTING LLC. The payment included a Subsidy Cost of $0.00.