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Department of Education Awarded a Contract to MAXIMUS EDUCATION LLC for $376,408,430.77

Signed on

3/31/2026, 12:00 AM

MAXIMUS EDUCATION LLC Government Contract #91003126F0018

MAXIMUS EDUCATION LLC was awarded a contract with the United States Government for $376,408,430.77. 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 Education LLC, a U.S.-owned business based in Reston, Virginia. The contract, awarded by the Department of Education's Federal Student Aid office, is for operations and maintenance task order related to student loan servicing. The total contract amount is $164,848,721.77 with the potential to increase to $376,408,430.77. A notable transaction shows a payment of $23,111.77 on April 10, 2026, following an initial transaction of $164,825,610 on March 31, 2026.

Contract Details

Contract ID91003126F0018
Contract TypeC
Total Obligation$164,848,721.77
Exercised Options$164,848,721.77
Base Amount + Options$376,408,430.77
Date Signed2026-03-31
Contract DescriptionOPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED BY THE USDS SERVICER MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT F
Start Date2026-04-01
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

Comments

Award Transactions

Transaction #P00001$23,111.77April 10, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $23,111.77 to MAXIMUS EDUCATION LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0$164,825,610.00March 31, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $164,825,610.00 to MAXIMUS EDUCATION LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$58,145.80May 28, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $58,145.80 to MAXIMUS EDUCATION LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00May 18, 2026

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

This payment could indicate a change to the existing contract.

Transaction #P00004$994,939.71May 12, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $994,939.71 to MAXIMUS EDUCATION LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$31,844.29May 4, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $31,844.29 to MAXIMUS EDUCATION LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$281,798.73May 1, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $281,798.73 to MAXIMUS EDUCATION LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$23,111.77April 10, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $23,111.77 to MAXIMUS EDUCATION LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0$164,825,610.00March 31, 2026

Department of Education, a sub agency of Department of Education, issued a payment of $164,825,610.00 to MAXIMUS EDUCATION LLC. The payment included a Subsidy Cost of $0.00.