Department of Education
Dept. of Education Links
- Dept. of Education Website: https://www.ed.gov
- Doing Business with Dept. of Education: https://www2.ed.gov/about/offices/list/ocfo/contracts/contracts.html and https://www2.ed.gov/fund/contract/about/booklet1.html
- Procurement Forecast: https://www2.ed.gov/fund/contract/find/forecast.html
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:
• 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
► GSA Schedule Explained in 2 Minutes