GD fights for $850M student loan contract

General Dynamics Information Technology has filed a protest over an Education Department contract it lost to Maximus Inc.

The $848.4 million contract is for the operation and maintenance of the Debt Management and Collections System run by the Office of Federal Student Aid.

Maximus won the contract on Oct. 1. GD filed its protest on Nov. 12. A decision from the Government Accountability Office is expected by Feb. 20.

When Maximus won the contract, the company said the win was part of a strategy to move into more agencies and adjacent programs. The company is best known for the work it does supporting state and local and international social services programs such as Medicaid.

“This contract underscores our efforts to extend our core offerings, such as citizen engagement, customer contact centers and case management,” said Richard Montoni, Maximus CEO.

The contract supports the Office of Federal Student Aid with debt management and collections of defaulted student loans. The contact has a two-year and three month base and eight one-year options. The base contract runs through Dec. 31, 2015.

Work under the contract includes citizen-centric administrative business functions such as an in-bound customer contact center to respond to inquiries from borrowers and various third parties. The prime contractor also will operate an intake facility for correspondence, collateral and other hard-copy materials, a correspondence unit to respond to borrowers’ inquiries, a financial transaction processing center, and a mail fulfillment center, Maximus said in its announcement.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH
contracts DB

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Sequestration, LPTA and the Top 100

    Join Washington Technology’s Editor-in-Chief Nick Wakeman as he analyzes the annual Top 100 list and reveals critical insights into how market trends have impacted its composition. You'll learn what movements of individual companies means and how the market overall is being impacted by the current budget environment, how the Top 100 rankings reflect the major trends in the market today and how the biggest companies in the market are adapting to today’s competitive environment. Learn More!