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FBO DAILY ISSUE OF APRIL 06, 2011 FBO #3420
MODIFICATION

R -- HCERA/SAFRA - Not-For-Profit (NFP) Servicer Program

Notice Date
4/4/2011
 
Notice Type
Modification/Amendment
 
NAICS
522320 — Financial Transactions Processing, Reserve, and Clearinghouse Activities
 
Contracting Office
Department of Education, Federal Student Aid, FSA Acquisitions, Union Center Plaza, RM 91F1, 830 First Street, NE, Washington, District of Columbia, 20202-5405
 
ZIP Code
20202-5405
 
Solicitation Number
NFP-RFP-2010
 
Archive Date
12/2/2013
 
Point of Contact
Nicholas Chung, Phone: 2023773635, Mike Whisler, Phone: 2023773450
 
E-Mail Address
nicholas.chung@ed.gov, mike.whisler@ed.gov
(nicholas.chung@ed.gov, mike.whisler@ed.gov)
 
Small Business Set-Aside
N/A
 
Description
The purpose of this Amendment is to: (1) Extend the date for providing additional pricing information from March 31, 2011 to no later than April 8, 2011, unless otherwise notified; (2) All Solicitation Closing Dates and time of closing remain unchanged; (3) Remind interested parties that upon issuance of a Memorandum of Understanding (MOU ), the Government anticipates an implementation lead-time of at least six to nine months before a servicer is capable of becoming "qualified" and issued a contract award. This estimate will depend on the Government's resource availability and the number of other servicers that the Government may be in the process of onboarding. Allocation of borrower volume may not occur simultaneously nor immediately following contract award; and (4) Clarify that the term provided in Section B.13.N.14 of the solicitation applies to each team that the Government has a contract with. Thus, the threshold for competing with other servicers in the non-NFP pool, including all relevant pricing, is two million borrower accounts total per team, regardless of how many Entities that team is comprised of. All other terms and conditions remain unchanged.
 
Web Link
FBO.gov Permalink
(https://www.fbo.gov/spg/ED/FSA/CA/NFP-RFP-2010/listing.html)
 
Place of Performance
Address: TBD, United States
 
Record
SN02416300-W 20110406/110404234337-fc8b383c5003ff93543d13c0ba1197f2 (fbodaily.com)
 
Source
FedBizOpps Link to This Notice
(may not be valid after Archive Date)

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