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Loan Servicing and Payment Reconciliation Services

Active

State & Local

Response Deadline11/17/2026, 07:00:00 PM UTC

Contract Overview

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

AI Contract Overview

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The Loan Servicing and Payment Reconciliation Services subcontract supports prime contractors on Maryland Department of Labor projects by providing end-to-end financial servicing and account reconciliation. The scope of work includes tracking loan disbursements and debtor repayments, managing collections, and performing borrower-level reconciliation and deposit tie-outs. These tasks are executed through a secure payment portal that offers installment options and ensures that repayment reminders and late notices are issued in compliance with PCI DSS standards. Under NAICS code 541219, the selected provider is responsible for delivering comprehensive payment tracking and reconciled financial reports. The solicitation was posted on October 23, 2026, with a response deadline of November 17, 2026. This engagement focuses on maintaining financial accuracy and regulatory compliance for the state of Maryland's labor-related loan programs.

General Info

Loan servicing and payment reconciliation for Maryland Department of Labor loan programs.

Agency

Maryland → Department of Labor (Formerly DLLR)

NAICS

541219 - Other Accounting Services

Place of Performance

MD, USA

Set-Aside

NONE

Documents

This scope was carved out of LABOR-FY2027-019.

The full solicitation package (12 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

– Federal Worker Loan Program – IT and Customer Support Services

AI Contract Breakdown

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Timeline

PostedOct 23

subcontract

Response DeadlineNov 17

Submission deadline

Response Deadline

11/17/2026, 07:00:00 PM UTCin 22 days

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Organization & Contact Information

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AgencyMaryland → Department of Labor (Formerly DLLR)

ContactsNo contacts available

OfficeN/A

Organization / AgencyMaryland → Department of Labor (Formerly DLLR)

Office AddressN/A

ContactsNo contact information available

Full Description

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Performs end-to-end financial servicing and account reconciliation for prime contractors on Maryland Department of Labor projects. Tracks loan disbursements, debtor repayments, and manages collections. Performs borrower-level reconciliation and deposit tie-outs using a secure payment portal with installment options. Issues repayment reminders and late notices per PCI DSS standards. Delivers reconciled financial reports and payment tracking.

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