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This Solicitation opportunity from Department Of Education was posted on June 25, 2021. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Interim Servicing Solicitation - Amendment 0004

Closed
91003120R00180004Federal

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

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NAICS: 522390
Federal
VA Loan Servicing
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

8 days ago

DEADLINE

in 6 days

General Info

NAICS

522390 - Other Activities Related to Credit Intermediation

Place of Performance

Washington, DC, 20202, USA

Set-Aside

NONE

Documents

1

Amendment 0004 - Solicitation 91003120R0018 Cancelled

PDF, High priority: read this firstamendment
High

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

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Submission Closed

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Organization & Contact Information

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AgencyDepartment Of Education → Federal Student Aid
Contacts1 person available
OfficeWASHINGTON, DC, 20202, USA
Office AddressWASHINGTON, DC, 20202, USA
Contacts

Full Description

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The purpose of Amendment 0004 is to cancel Solicitation Number 9100312R0018 for the Interim Servicing Solution (ISS). ISS was introduced by Federal Student Aid (FSA) in fall 2020 to provide a bridge from the current loan servicing environment to an improved future state. After further consideration and review of the Consolidated Appropriations Act, 2021, the subject solicitation is hereby cancelled. The U.S. Department of Education will continue its efforts to modernize the delivery of federal student aid and create a better experience for millions of students and their families.

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