This Solicitation opportunity from Illinois was posted on January 21, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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IDAPP Student Loan Servicing - Sole Source

Awarded

25-691ISAC-IDAPP-B-46296State & Local

Submission Closed02/05/2025, 12:00:00 AM UTC

Contract Overview

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

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NAICS: 522390

New

SLED

Title and Escrow Services (Lassen County)This subcontract opportunity is for the provision of title and escrow services to support prime contractors on Caltrans transportation projects located in Lassen County, California. The selected provider will be responsible for conducting preliminary title reports and public record searches to verify ownership, as well as managing the escrow process for parcel acquisitions. Key deliverables include statements of record ownership, continuation guarantees, and the successful closing of escrow accounts. To be eligible for this contract, the service provider must hold a valid license from the California Department of Insurance. Interested parties must submit their responses by November 12, 2026, for this project managed under the California Department of Transportation.

California Department of Transportation

POSTED

DEADLINE

The purpose for this Indefinite Delivery, Indefinite Quantity (IDIQ) contract is to support the Project Finance Federal Loan Management (PFFLM) services.This Indefinite Delivery, Indefinite Quantity contract is issued by the Department of Energy under the Office of Energy Dominance Financing. The primary objective of the agreement is to provide essential support for Project Finance Federal Loan Management services. Classified as a forecast with a posted date of October 18, 2026, the requirement falls under NAICS code 522390. The procurement is designated as other for its set-aside type, and inquiries regarding small business participation are directed to the Department of Energy headquarters.

Office of Energy Dominance Financing (EDF)

POSTED

DEADLINE

Default Servicing and Loss Mitigation ServicesThis subcontract for Default Servicing and Loss Mitigation Services supports prime contractors on VA Portfolio Loan Servicing contracts. The scope of work focuses on recovery and mitigation efforts for loans that are three or more months delinquent, including the execution of collections and the management of forbearance specifically for disabled Veterans. The service provider is responsible for developing loan modification recommendations that adhere to VA standards and delivering detailed collection reports. The contract is issued by the Department of Veterans Affairs, specifically the Sac Frederick office, under NAICS code 522390. Successful execution requires specialized knowledge of 38 U.S.C. requirements to ensure all loss mitigation and recovery activities remain compliant with federal law. The response deadline for this opportunity is October 27, 2026.

Sac Frederick (36C10X)

POSTED

DEADLINE

Mortgage Loan Servicing SpecialistThe Mortgage Loan Servicing Specialist subcontract involves the day-to-day administration of the VA loan portfolio for prime contractors under the Department of Veterans Affairs. The selected provider is responsible for boarding tVAP, Vendee, NADL, Partial Claims, and Repurchased loans within a seven-day window, processing payments in accordance with 38 CFR 36.4316, and managing all borrower communications. Technical requirements include the use of loan servicing software that integrates with iFAMS to ensure a properly serviced loan portfolio and the delivery of monthly status reports. This opportunity is associated with NAICS code 522390 and is managed by the Sac Frederick office of the Department of Veterans Affairs. Interested parties must note the response deadline of October 27, 2026. The primary objective of the contract is to maintain rigorous administrative oversight and operational efficiency for the agency's portfolio loan servicing needs.

Sac Frederick (36C10X)

POSTED

DEADLINE

Solicitation # 36C10X27R0002

The Department of Veterans Affairs, through the Strategic Acquisition Center in Frederick, Maryland, has issued a draft solicitation for the Portfolio Loan Servicing Contract (PLSC). This firm-fixed-price contract requires a contractor to provide all resources necessary to manage loan servicing and loan sale activities, including the boarding of various loan types within seven calendar days and the maintenance of searchable electronic records for borrower communications. The performance period consists of a base period from FY27 through FY28, with four one-year option periods for a total of five years. Services will be performed at the contractor's site, and the contractor must comply with OMB Circular A-123 and maintain specific insurance coverages, including Fidelity Bond and Errors and Omissions insurance. Award will be based on a best value assessment where non-price factors are significantly more important than price. The evaluation follows a four-phased approach: Phase I screens for minimum operational capabilities (Pass/Fail), Phase II evaluates the technical approach (requiring a Good rating or higher to advance), Phase III assigns a risk rating, and Phase IV assesses past performance and veteran preference. Preference is given to verified Service-Disabled Veteran-Owned Small Businesses (SDVOSB) and Veteran-Owned Small Businesses (VOSB). Proposals must be submitted in six distinct volumes with strict page limits and formatting requirements, including a requirement for proof of 50 million dollars in corporate funds or a line of credit.

Sac Frederick (36C10X)

POSTED

DEADLINE

Unified Servicing and Data Solution (USDS) EDFINANCIAL - DME Additional requirements for CR 6889 AIMs Integration

POSTED

DEADLINE

USDS-EDFINANCIAL CR 10284 ACH Interest Rate Reduction UCA

POSTED

DEADLINE

Unified Servicing and Data Solution (USDS) EDFINANCIAL - DME Discharge Quality Control Process

POSTED

DEADLINE

Unified Servicing and Data Solution (USDS) EDFINANCIAL - DME SSO Effort

POSTED

DEADLINE

Unified Servicing and Data Solution (USDS) EDFINANCIAL- DME Correct CSLD Admin Forb

POSTED

DEADLINE

Unified Servicing and Data Solution (USDS) EDFINANCIAL- DME Treasury Offset Program (TOP) Refund Reporting - USDS and DMCS

POSTED

DEADLINE

Unified Servicing and Data Solution (USDS) EDFINANCIAL- DME USDS Maintenance 1

Federal Student Aid

POSTED

about 1 month ago

DEADLINE

N/A

AI Contract Overview

The Illinois Student Assistance Commission intends to award a sole source contract to Nelnet Servicing dba Firstmark for IDAPP Student Loan Servicing, indicating that this provider is the only economically feasible option for this service. The contract is valued between five million and fifteen million dollars and is associated with the NAICS code 522390, which pertains to other activities related to credit intermediation. The purpose of this contract is to support the servicing of student loans under the IDAPP program, a critical component of the state's student financial aid operations. Interested parties are invited to submit written comments or requests for a public hearing by January 31st at 4 p.m., as the hearing will be canceled if no such submissions are received. The solicitation was posted on January 21, 2025, with a response deadline of February 5, 2025. The contract will be managed by the Illinois Student Assistance Commission, with the primary contact being the Accounts Payable department. Further details about the solicitation can be accessed through the provided online link.

General Info

Agency

Illinois Student Assistance Commission

NAICS

522390 - Other Activities Related to Credit Intermediation

Place of Performance

IL, USA

Set-Aside

NONE

Documents

SSJF Supplemental Document for IDAPP Student Loan Servicing

supplemental-document

High

Sole Source Hearing Details Form - Nelnet

other

Low

Part I SSJF - Student Loan Servicing - Signed.pdf

AI Contract Breakdown

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Timeline

PhaseAwarded

PostedJan 21

Solicitation

AwardedOct 23

Contract was awarded

Submission Closed

02/05/2025, 12:00:00 AM UTC

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Organization & Contact Information

AgencyIllinois Student Assistance Commission

Contacts1 person available

OfficeN/A

Organization / AgencyIllinois Student Assistance Commission

Office AddressN/A

Contacts

Accounts Payable

contact@example.gov

+1 (555) 000-0000

Full Description

This is a notice of intent to award a contract as a sole (economically feasible) source to: Nelnet Servicing dba Firstmark for IDAPP Student Loan Servicing. See attachment for details. The hearing will be canceled unless an interested party submits written comments or makes a written request for public hearing by Friday, January 31st at 4 p.m. to the Info Contact above.

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