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The BuildoutBeta

$79,272,528

Department of Education·Department of Education

to NELNET SERVICING LLC

educationexpiredONGOING · MOD OF 2024 CONTRACT
WORK BEGAN2024-04-01·LATEST ACTION2026-02-25·SOURCEUSASPENDING·SOURCE IDCONT_AWD_91003124F0312_9100_91003123D0005_9100
Award description

OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE TASK ORDER.

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high
In plain English

Operations and maintenance for federal student loan servicing under an existing USDS contract that began in April 2024.

Sub-sectors
student-loan-servicingm&o-contractfederal-loan-administration
Why this matters

Student loan servicing affects millions of borrowers; this modification ensures continuity of payment processing and account management for federal loans.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-06-01. Cost: $0.002690.

Period of performance
Start
2024-04-01
End
2026-02-23
Status
expired140 days ago
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.

$79.3M Department of Education — The Buildout — The Buildout