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Education Agency Spending

Department of Education

FY 2019 Contract Awards by the Department of Education

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The U.S. Department of Education that exists today was officially established in fiscal year 1980. The agency’s mission is to “to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access”. In addition to establishing, administering, and coordinating federal assistance for education, the agency is responsible for carrying out education policies and implementing relevant laws. The Department of Education has two primary offices that are responsible for contract awards: 1) Contracts and Acquisitions Management (CAM); and 2) Federal Student Aid (FSA).

In fiscal year 2019, the Department of Education awarded $2,886,076,902 in contracts. The charts below show a breakdown of this $2.8 billion and are sourced from USASpending.gov and the GSA Schedule Sales Query Plus. Keep in mind, this data was pulled shortly after the close of fiscal year 2019 and may not represent final reported contract awards.

Dept. of Education

FY 2019 Contract Awards: $2.8+ Billion


FY 2019 Contract Awards by Top NAICS Codes


FY 2019 Contract Awards by Funding Office


FY 2019 Contract Awards by Place of Performance


FY 2019 Contract Awards by Business Size 

Other Than Small – Top 15 Companies

Company FY 2019 Awards
1 ACCENTURE FEDERAL SERVICES LLC $228,695,535
2 HIGHER EDUCATION ASSISTANCE AGENCY, PA $195,534,480
3 NELNET SERVICING, LLC $145,125,162
4 NAVIENT CORPORATION $136,671,081
5 GREAT LAKES EDUCATIONAL LOAN SERVICES $136,414,815
6 WESTAT, INC. $96,451,306
7 MAXIMUS FEDERAL SERVICES, INC. $88,941,290
8 PERSPECTA ENTERPRISE SOLUTIONS LLC $73,162,245
9 AMERICAN INSTITUTES FOR RESEARCH IN THE BEHAVIORAL SCIENCES $64,836,757
10 PIONEER CREDIT RECOVERY INCORPORATED $64,320,712
11 MISSOURI HIGHER EDUCATION LOAN AUTHORITY $51,270,565
12 RESEARCH TRIANGLE INSTITUTE $45,739,761
13 GENERAL DYNAMICS ONE SOURCE LLC $44,425,549
14 ENTERPRISE RECOVERY SYSTEMS $41,700,342
15 GC SERVICES LIMITED PARTNERSHIP $35,631,436

Small Business – Top 15 Companies

Company FY 2019 Awards
1 COAST PROFESSIONAL, INC. $103,954,039
2 IMMEDIATE CREDIT RECOVERY $87,567,801
3 NATIONAL RECOVERIES INC $86,403,141
4 CREDIT ADJUSTMENTS INC $63,097,113
5 CENTRAL RESEARCH INC $51,972,717
6 RELIANT CAPITAL SOLUTIONS $48,412,699
7 ACCOUNT CONTROL TECHNOLOGY $46,869,947
8 F.H. CANN & ASSOCIATES, INC. $46,532,673
9 ACTION FINANCIAL $43,543,617
10 NATIONAL CREDIT SERVICES, INC. $36,972,171
11 FINANCIAL MANAGEMENT SYSTEMS $36,453,817
12 PROFESSIONAL BUREAU OF COLLECTIONS OF MARYLAND $24,075,839
13 BASS & ASSOCIATES $15,074,607
14 PPS INFOTECH, LLC $14,342,222
15 SENTURE, LLC $14,126,933

FY 2019 Contract Awards by Socio-Economic Status


FY 2019 GSA Schedule Contract Awards: $366 Million

Top 10 GSA Schedules

In fiscal year 2019, the Department of Education awarded nearly 13% of all contracts though the GSA Schedules. 84% of these GSA Schedule awards can be attributed to the Professional Services Schedule, which allows for financial services and solutions and including a category for debt collection. In fact, over 75% of the Professional Services Schedule awards made by the Department of Education, were categorized under Product Service Code (PSC) R705, Support – Management: Debt Collection.

GSA Schedule FY 2019 Contract Awards
1 00CORP – Professional Services Schedule $306,133,388
2 70 – IT Equipment, Software & Services $57,164,541
3 48 – Transportation, Delivery, and Relocation Solutions $848,651
4 36 – Office & Document Management Solutions $741,532
5 736 – Temporary Administrative & Professional Staffing $465,993
6 738 X – Human Resources & EEO Services $294,730
7 58 I – Audio/Video, Telecom, & Security Solutions $210,420
8 76 – Publication Media $78,672
9 78 – Sports, Promotional, Outdoor, Trophies & Signs $62,946
10 751 – Leasing of Automobiles & Light Trucks $49,138

Considering a GSA Schedule Contract to Sell to the Department of Education?

If your company provides financial management services, a GSA Schedule Contract can be a beneficial tool to help capture contract opportunities with the Department of Education. Find out more about the GSA Schedule, including:

Beginners Guide to GSA Schedule Contracts

• Requirements to Obtain a GSA Schedule Contract
• Benefits of Holding a GSA Schedule Contract
• Fiscal Year 2018 Sales by Schedule
• Tips for Conducting GSA Schedule Market Research
• Steps Needed to Obtain a GSA Schedule

► Download Our Beginner’s Guide to GSA Schedule Contracts
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