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This Solicitation opportunity from Illinois was posted on January 17, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

ISAC - IDAPP Student Loan Servicing sole source

Awarded
24-691ISAC-IDAPP-B-40844State & Local

Contract Overview

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

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NAICS: 541219
New
SLED
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Solicitation 2027-03 CONL seeks a qualified consultant to provide outsourced controller services for the Water Street Parking Garage expansion in New London, Connecticut. This project aims to add approximately 250 parking spaces to the existing facility to accommodate the anticipated 300,000 annual visitors for the new Coast Guard Museum, which is scheduled to open in August 2027. Construction is expected to begin in the summer of 2027 and will take 12 to 18 months to complete. The selected consultant will be responsible for comprehensive financial monitoring, including tracking funding sources, managing cash flow projections, reviewing payment applications and change orders, and maintaining audit-ready records. The contract requires strict adherence to municipal finance requirements, bond covenants, and grant agreements from the Connecticut Department of Transportation and the Department of Economic and Community Development. Compliance with the Davis-Bacon Act, prevailing wage laws, and CHRO requirements is mandatory. Award will be granted to the lowest responsible, qualified proposer based on a two-phase evaluation process. Phase one scores firm experience, project qualifications, proposed fees, professional references, and financial stability, while phase two consists of interviews and presentations. All proposals must be submitted via the city's e-procurement portal by December 1, 2026.
Procurement

POSTED

about 15 hours ago

DEADLINE

in about 1 month

AI Contract Overview

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The Illinois Student Assistance Commission (ISAC) intends to award a sole source contract to Nelnet Servicing, LLC doing business as Firstmark Services, for the purpose of servicing IDAPP student loans. This decision is based on the determination that a sole source arrangement is economically feasible, and the contract details are available for review. Interested parties are invited to submit written comments or request a public hearing by January 26, 2024, at 4 p.m., after which the hearing will be canceled if no such requests are received. The solicitation, identified as number 24-691ISAC-IDAPP-B-40844, was posted on January 17, 2024, with a response deadline of January 31, 2024. The contract falls under NAICS code 541219 and is managed by the Illinois Department of Higher Education, with the primary contact being the Illinois Student Assistance Commission. The project will be performed within Illinois, and further details can be accessed through the provided online link.

General Info

Place of Performance

IL, USA

Set-Aside

NONE

Documents

4

Pricing Schedule for IDAPP 2024

PDF, High priority: read this firstpricing-schedule
High

Sole Source Justification Form - IDAPP Nelnet Student Loan Servicing

PDF, High priority: read this firstsole-source-justification
High

SSJF Answer Details for IDAPP Student Loan Servicing #2

PDF, High priority: read this firstspecifications
High

Sole Source hearing Details_Nelnet.pdf

PDF

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PhaseAwarded
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Solicitation

Awarded

Contract was awarded

Submission Closed

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Organization & Contact Information

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AgencyIllinois Student Assistance Commission
Contacts1 person available
OfficeN/A
Office AddressN/A

Full Description

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This is a notice of intent to award a contract as a sole (economically feasible) source to: Nelnet Servicing, LLC dba Firstmark Services, for servicing of IDAPP student loans. 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 26, 2024 at 4 p.m. to the Info Contact above.

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