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Financial Responsibility Composite Score Review

Active

Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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The Department of Education is seeking professional services to review and potentially revise the methodology used for the financial responsibility composite score. This critical metric is employed to assess the fiscal health of postsecondary institutions participating in Title IV federal student aid programs, such as federal student loans and Pell Grants. Because this score acts as a gatekeeper for eligibility, it directly determines whether an institution can continue to receive federal funding. This opportunity is currently listed as a forecast with the NAICS code 541611. Interested parties can coordinate with the Department of Education, specifically contacting Katie Opper or the Small Business Office for further information regarding this requirement.

General Info

Department of Education seeks professional services to review financial responsibility composite score methodology.

Agency

Department of Education → Education, Department of

NAICS

541611 - Administrative Management and General Management Consulting Services

Place of Performance

DC, USA

Set-Aside

NONE

Documents

0

No documents available

Documents will appear here when they are available.

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Timeline

PostedSep 24

forecast

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Organization & Contact Information

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AgencyDepartment of Education → Education, Department of

Contacts2 people available

OfficeN/A

Organization / AgencyDepartment of Education → Education, Department of

Office AddressN/A

Contacts

Katie Opper

contact@example.gov

Small Business Office

contact@example.gov

Full Description

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The contract will assist in reviewing and if necessary revising the methodology for the finanical responsibility composite score. The US Department of Education uses this metric used to evaluate the fiscal health of postsecondary institutions that participate in Title IV federal student aid programs (e.g., Pell Grants, federal student loans). It serves as a gatekeeper for eligibility — schools must maintain an acceptable score to continue receiving federal funding.

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