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$61,582,058

Department of Education·Department of Education

to CENTRAL RESEARCH INC

educationactive
WORK BEGAN2026-04-01·LATEST ACTION2026-04-29·SOURCEUSASPENDING·SOURCE IDCONT_AWD_91003126F0019_9100_91003123D0002_9100
Award description

OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT.

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

Operations and maintenance of federal student loan servicing systems supporting borrower accounts and payment processing.

Sub-sectors
student-loan-servicingm&o-contractfederal-student-aid
Why this matters

Affects 40+ million borrowers managing $1.7+ trillion in federal student debt; changes impact loan forgiveness programs and repayment accessibility.

Supply-chain signal

Requires IT services, cloud infrastructure, and call-center operations; recipient must maintain secure, scalable systems handling sensitive borrower financial data.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-06-06. Cost: $0.007244.

Period of performance
Start
2026-04-01
End
2033-04-24
Status
activein 2490 days
Sources

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

$61.6M Department of Education — The Buildout — The Buildout