Edfinancial Services LLC
Federal Contractor · Rank #424
Edfinancial Services LLC Federal Spending Profile
Edfinancial Services LLC is a mid-sized federal recipient, with $185.5M in total federal obligations spread across 6 awards reported on USAspending.gov. That places Edfinancial Services LLC #424 among federal contractors ranked by total obligations.
Every one of Edfinancial Services LLC's 6 federal awards is a procurement contract rather than a grant — the company sells goods or services to the government rather than receiving grant funding.
Edfinancial Services LLC's federal work runs through a single agency relationship: Department of Education. With no other agency customers in the record, the company's federal revenue rises or falls with that one relationship.
The federal government's spending with Edfinancial Services LLC falls almost entirely under Other Services ($652.4M), which describes the kind of goods or services the company is paid to deliver.
The most recent 6 awards on record include a $328.9M contract from the Department of Education, the company's largest single award in that window.
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Spending by Agency
Recent Awards
| Description | Agency | Start Date | Amount |
|---|---|---|---|
| THE PURPOSE OF THIS MODIFICATION IS TO CREATE A NEW TASK ORDER FOR CONTRACT ED-FSA-12-D-0005 WITH THE PERIOD OF PERFORMANCE: 01/01/2020 TO 12/31/2020. | Department of Education | Dec 30, 2019 | $328.9M |
| 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. | Department of Education | Jul 1, 2024 | $212.9M |
| 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. | Department of Education | Apr 1, 2024 | $41.8M |
| THE PURPOSE OF THIS REQUIREMENT IS TO ISSUE IDENTICAL STEADY-STATE TASK ORDERS FOR NON-SERVICING CONTACT CENTER SUPPORT AND BACK-OFFICE PROCESSING TO ALL BPO PROVIDERS. | Department of Education | May 4, 2023 | $39.7M |
| EO14042 - THE PURPOSE OF THIS REQUIREMENT (TASK ORDER 0002) IS TO ISSUE IDENTICAL RAMP-UP TASK ORDERS TO ALL BPO PROVIDERS. THE RAMP-UP TASK ORDERS WILL ALLOW NEXT GEN BPO PROVIDERS TO BEGIN PERFORMING TASKS UNDER ALL NON-SERVICING FUNCTIONAL AREAS. | Department of Education | Nov 5, 2021 | $19.9M |
| THE INITIAL TASK ORDER IS A FIRM-FIXED PRICE TASK ORDER FOR THE TASKS AND DELIVERABLES REQUIRED FOR THE USDS SERVICER TO BECOME PERFORMANCE READY, ATTAIN ITS AUTHORIZATION TO OPERATE (ATO), AND ACHIEVE GO-LIVE (GO- LIVE) OF ITS SERVICING SYSTEM. | Department of Education | Apr 25, 2023 | $9.4M |
All federal spending data sourced from USAspending.gov, the official source for federal award data as mandated by the Government Accountability Office.
Edfinancial Services LLC Federal Contracts FAQ
Edfinancial Services LLC has received $185,542,192 in total federal obligations across 6 awards and 6 contracts.
Edfinancial Services LLC works with 1 federal agencies, including Department of Education. The largest agency relationships are based on total dollar obligations.
Edfinancial Services LLC has received federal awards in multiple states.
Edfinancial Services LLC is ranked #424 among the largest federal contractors by total obligation amount. Rankings are based on USASpending.gov data for FY2024.
Explore Other Federal Contractors
Spending figures represent total federal obligations for FY2024, as reported through USASpending.gov. Rankings are based on aggregate obligation amounts across all contract, grant, and direct payment awards.