Federal Agency

Department of Education

ED · Code: 091

Total tracked spending: $8.7B

Spending Trend

$4.8B

FY2020

$614.8M

FY2021

$941.3M

FY2022

$639.4M

FY2023

$1.1B

FY2024

$385.5M

FY2025

$273.9M

FY2026

Company	Obligations	Contracts	Share
ACCENTURE FEDERAL SERVICES LLC	$2.2B	9	25.1%
NELNET SERVICING LLC	$2.1B	30	24.1%
PENNSLYVANIA HIGHER EDUCATION ASSISTANCE AGENCY	$1.5B	18	17.7%
GREAT LAKES EDUCATIONAL LOAN SERVICES, INC	$1.4B	21	16.1%
WESTAT, INC.	$1.3B	57	15.3%
MAXIMUS EDUCATION LLC	$1.3B	9	14.7%
MAXIMUS FEDERAL SERVICES, INC.	$1.0B	8	11.4%
MISSOURI HIGHER EDUCATION LOAN AUTHORITY	$969.3M	14	11.1%
NTT DATA SERVICES FEDERAL GOVERNMENT, LLC	$704.8M	8	8.1%
AMERICAN INSTITUTES FOR RESEARCH IN THE BEHAVIORAL SCIENCES	$693.4M	100	7.9%
EDUCATIONAL TESTING SERVICE	$646.8M	14	7.4%
COAST PROFESSIONAL, INC.	$609.2M	3	7.0%
PERATON ENTERPRISE SOLUTIONS LLC	$601.7M	4	6.9%
EDFINANCIAL SERVICES LLC	$588.8M	12	6.7%
CONTINENTAL SERVICE GROUP, LLC	$527.2M	2	6.0%
RESEARCH TRIANGLE INSTITUTE	$525.4M	36	6.0%
FMS INVESTMENT CORP	$524.8M	4	6.0%
NAVIENT CORPORATION	$485.0M	6	5.5%
GC SERVICES LIMITED PARTNERSHIP	$468.6M	2	5.4%
WINDHAM PROFESSIONALS INC	$450.2M	4	5.1%
IMMEDIATE CREDIT RECOVERY, INC.	$449.0M	3	5.1%
NATIONAL RECOVERIES INC	$413.9M	3	4.7%
PIONEER CREDIT RECOVERY, INC	$404.6M	2	4.6%
ACCOUNT CONTROL TECHNOLOGY INC.	$345.8M	1	4.0%
ALLTRAN EDUCATION, INC.	$330.7M	2	3.8%

Code	Description	Obligations	Contracts
522390	OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION	$10.1B	126
561440	COLLECTION AGENCIES	$4.0B	42
541720	RESEARCH AND DEVELOPMENT IN THE SOCIAL SCIENCES AND HUMANITIES	$3.4B	618
523999	MISCELLANEOUS FINANCIAL INVESTMENT ACTIVITIES	$3.3B	19
541512	COMPUTER SYSTEMS DESIGN SERVICES	$2.1B	169
541611	ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES	$1.3B	656
541519	OTHER COMPUTER RELATED SERVICES	$1.0B	421
522110	COMMERCIAL BANKING	$993.1M	13
541511	CUSTOM COMPUTER PROGRAMMING SERVICES	$797.7M	222
611710	EDUCATIONAL SUPPORT SERVICES	$720.6M	728
518210	DATA PROCESSING, HOSTING, AND RELATED SERVICES	$695.2M	40
541211	OFFICES OF CERTIFIED PUBLIC ACCOUNTANTS	$356.4M	18
522310	MORTGAGE AND NONMORTGAGE LOAN BROKERS	$338.4M	3
522320	FINANCIAL TRANSACTIONS PROCESSING, RESERVE, AND CLEARINGHOUSE ACTIVITIES	$283.2M	31
541219	OTHER ACCOUNTING SERVICES	$222.7M	37

Pricing Type	Obligations	Contracts	Share
FIRM FIXED PRICE	$20.2B	4149	230.5%
FIXED PRICE INCENTIVE	$3.8B	22	43.4%
FIXED PRICE WITH ECONOMIC PRICE ADJUSTMENT	$3.0B	50	34.8%
COST PLUS AWARD FEE	$2.3B	57	26.4%
COST PLUS FIXED FEE	$1.3B	142	14.7%
TIME AND MATERIALS	$177.3M	75	2.0%
LABOR HOURS	$87.1M	51	1.0%
COST SHARING	$85.1M	1	1.0%
FIXED PRICE LEVEL OF EFFORT	$77.0M	8	0.9%
COST NO FEE	$16.6M	11	0.2%
FIXED PRICE REDETERMINATION	$5.4M	1	0.1%
COMBINATION (APPLIES TO AWARDS WHERE TWO OR MORE OF THE ABOVE APPLY)	$3.8M	1	0.0%
Unknown	$955K	4	0.0%
ORDER DEPENDENT (IDV ALLOWS PRICING ARRANGEMENT TO BE DETERMINED SEPARATELY FOR EACH ORDER)	$638K	131	0.0%
FIXED PRICE AWARD FEE	$195K	4	0.0%