Advance Notice of Posting of Title IV Student Financial Aid Originations and Disbursements Solution Phase I Solicitation

The Department of Education's Office of Federal Student Aid (FSA) is preparing to release a Phase I Solicitation for a new solution to manage the origination and disbursement of Title IV student financial aid programs. This initiative aims to replace or enhance the existing Common Origination and Disbursement (COD) system to ensure efficient processing of loan and grant transactions while adhering to all legislative and regulatory requirements. The solution must also maintain the financial integrity of these critical aid programs. The solicitation is scheduled to be posted within one to two weeks from late February 2014, with a firm deadline for posting by March 7, 2014. Interested parties are advised to monitor the Federal Business Opportunities (FBO) website for the official posting and any subsequent updates, and to avoid contacting contracting personnel directly regarding the solicitation. The contract will be performed in Washington, D.C., and involves NAICS code 522320. Key contacts include Contract Specialist Raj Kohli and Senior Contracting Officer Connie Ginn. This solicitation represents an important procurement opportunity to support the administration of Title IV aid programs through modernized financial processing solutions.