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$267,169,337

Department of Education·Department of Education

to MAXIMUS FEDERAL SERVICES, INC.

educationexpiring · 31d· period of performance ends in 31 daysONGOING · MOD OF 2025 CONTRACT
WORK BEGAN2025-02-01·LATEST ACTION2026-05-20·SOURCEUSASPENDING·SOURCE IDCONT_AWD_91003125C0011_9100_-NONE-_-NONE-
Award description

THE PURPOSE OF DMCS IS TO MANAGE THE DEFAULT LOAN PORTFOLIO, AND STORE, MANAGE, PROTECT, AND PROVIDE STUDENT LOAN DEBTORS IN DEFAULT AVAILABLE INFORMATION UNDER THE HEA. DMCS ENABLES BORROWERS, WHO SO CHOSE, TO MAKE PAYMENTS ON THEIR ACCOUNTS AND SEN

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high
In plain English

Manage the federal student loan default portfolio and enable borrowers to access account information and make payments.

Sub-sectors
student-loan-servicingdefault-managementfederal-loan-portfolio
Why this matters

This ongoing contract ensures continuity of critical student loan servicing infrastructure affecting millions of borrowers in default.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-05-19. Cost: $0.002709.

Period of performance
Start
2025-02-01
End
2026-07-31
Status
expiring · 31din 31 days
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.

$267.2M Department of Education — The Buildout — The Buildout