ACS wins Ed. contract again

Affiliated Computer Services Inc. prevailed in a protest over its winning an extension for a $150-million-a-year contract for loan servicing services with the Department of Education.

SLM Corp. of Reston, Va., commonly known as Sallie Mae, protested the award when it was announced in November 2001. Sallie Mae is the leading provider of funding and servicing for education loans.

In January, the Department of Education announced it would conduct market research to determine whether it was appropriate to extend the contract with ACS of Dallas. On May 8, the agency announced it would keep ACS.

ACS has held the contract for the Direct Loan Servicing System since 1994, and will now continue to provide those services through Sept. 30, 2007. The system provides application, payment collection, accounting and reconciliation of government-sponsored loans to students for higher education tuition payments.

 

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

Trending

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.