Education Dept. Awards $44.4M Contract for Federal Student Aid Customer Contact Center to Peraton

Contract Overview

Contract Amount: $44,380,579 ($44.4M)

Contractor: Peraton Enterprise Solutions LLC

Awarding Agency: Department of Education

Start Date: 2020-06-29

End Date: 2022-02-28

Contract Duration: 609 days

Daily Burn Rate: $72.9K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: IT

Official Description: PROVIDES A GOVERNMENT TO CITIZEN CUSTOMER CONTACT CENTER THAT PRIMARILY SERVES STUDENTS AND PARENTS INVOLVED WITH FEDERAL STUDENT AID/STUDENT LOANS.

Place of Performance

Location: HERNDON, FAIRFAX County, VIRGINIA, 20171

State: Virginia Government Spending

Plain-Language Summary

Department of Education obligated $44.4 million to PERATON ENTERPRISE SOLUTIONS LLC for work described as: PROVIDES A GOVERNMENT TO CITIZEN CUSTOMER CONTACT CENTER THAT PRIMARILY SERVES STUDENTS AND PARENTS INVOLVED WITH FEDERAL STUDENT AID/STUDENT LOANS. Key points: 1. Contract supports a critical government-to-citizen service for student loan borrowers. 2. Peraton Enterprise Solutions LLC is the incumbent contractor. 3. The contract was awarded under full and open competition. 4. Spending on this contract is relatively low compared to broader IT services.

Value Assessment

Rating: good

The contract value of $44.4 million over 609 days appears reasonable for a customer contact center supporting federal student aid. Benchmarking against similar government-wide contracts for contact center services would provide further context.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

Awarded via full and open competition, this method likely fostered competitive pricing. The delivery order structure suggests it's part of a larger indefinite-delivery/indefinite-quantity (IDIQ) contract, allowing for task-specific competition.

Taxpayer Impact: The competitive award process is expected to ensure taxpayer funds are used efficiently for essential student aid services.

Public Impact

Ensures continued support for millions of students and parents navigating federal student aid. Provides a vital communication channel for loan repayment and financial aid inquiries. Maintains operational continuity for a key government service during the contract period.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the IT services sector, specifically customer relationship management and telecommunications. Spending benchmarks for similar government contact center operations vary widely based on scope and technology.

Small Business Impact

The data does not indicate if small businesses were involved as subcontractors on this specific delivery order. Further analysis would be needed to assess small business participation.

Oversight & Accountability

The Department of Education is responsible for oversight of this contract. Standard government procurement regulations and contract management practices should ensure accountability.

Related Government Programs

Risk Flags

Tags

wired-telecommunications-carriers, department-of-education, va, delivery-order, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Education awarded $44.4 million to PERATON ENTERPRISE SOLUTIONS LLC. PROVIDES A GOVERNMENT TO CITIZEN CUSTOMER CONTACT CENTER THAT PRIMARILY SERVES STUDENTS AND PARENTS INVOLVED WITH FEDERAL STUDENT AID/STUDENT LOANS.

Who is the contractor on this award?

The obligated recipient is PERATON ENTERPRISE SOLUTIONS LLC.

Which agency awarded this contract?

Awarding agency: Department of Education (Department of Education).

What is the total obligated amount?

The obligated amount is $44.4 million.

What is the period of performance?

Start: 2020-06-29. End: 2022-02-28.

What is the total value of the IDIQ contract from which this delivery order was issued, and what is the remaining ceiling?

The provided data only details a specific delivery order value of $44.4 million. To fully assess the overall contract value and potential future spending, information on the parent IDIQ contract's total ceiling, awarded value, and remaining balance is necessary. This context is crucial for understanding the long-term financial commitment.

How does Peraton's performance on previous student aid contact center contracts compare to industry benchmarks?

Evaluating Peraton's past performance metrics, such as customer satisfaction scores, call resolution rates, and average handling times, against industry standards is essential. This comparison helps determine if the government is receiving competitive service levels and value for its investment in this critical citizen-facing function.

What are the key performance indicators (KPIs) for this contract, and how are they being measured and reported?

Understanding the specific KPIs tied to this contract, such as response times, first-call resolution rates, and customer satisfaction, is vital for assessing effectiveness. Clarity on the measurement methodologies and reporting frequency ensures that the Department of Education can objectively track service delivery and hold the contractor accountable.

Industry Classification

NAICS: InformationWired and Wireless Telecommunications (except Satellite)Wired Telecommunications Carriers

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT)PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Solicitation ID: 91003120R0006

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Veritas Capital Fund Management, L.L.C.

Address: 13600 EDS DR A3S, HERNDON, VA, 20171

Business Categories: Category Business, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $76,131,148

Exercised Options: $44,380,579

Current Obligation: $44,380,579

Actual Outlays: $44,380,579

Subaward Activity

Number of Subawards: 10

Total Subaward Amount: $57,144,511

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: GS00Q12NSD0014

IDV Type: IDC

Timeline

Start Date: 2020-06-29

Current End Date: 2022-02-28

Potential End Date: 2023-06-30 00:00:00

Last Modified: 2022-11-16

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