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  5. ›RFQ for Income Sharing Agreement Services- Statewide

Awarded contract·Texas State Technical College (TSTC)·Texas

RFQ for Income Sharing Agreement Services- Statewide

Won by MentorWorks Education Capital, Inc.$300kSingle Award
Contract source

Awarded vendors

  • MentorWorks Education Capital, Inc.

Description

The contract is for Income Sharing Agreement Services- Statewide, and the vendor is MentorWorks Education Capital, Inc. The contract is for the state of Texas, and the agency is Texas State Technical College (TSTC). The purpose of the contract is to find a partner/servicer that can help TSTC achieve critical objectives such as increasing enrollment, retention, and graduation rates. The contract includes requirements for the vendor to provide a comprehensive and transparent program model, customizable underwriting process, and program design model that leverages real institutional data. The vendor must also provide information on their company and support team, and must comply with various security requirements. Some key aspects of the contract include: • The contract is for a single award. • The contract is for the state of Texas. • The agency is Texas State Technical College (TSTC). • The purpose of the contract is to find a partner/servicer that can help TSTC achieve critical objectives. • The contract includes requirements for the vendor to provide a comprehensive and transparent program model, customizable underwriting process, and program design model that leverages real institutional data. • The vendor must also provide information on their company and support team, and must comply with various security requirements.

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Education
NAICS
611710
Solicitation №
115

Contract value

$300,000

Based on the contract description, it is difficult to estimate the exact value of the contract. However, considering that the contract is for Income Sharing Agreement Services for a state-supported two-year technical college, the value could be in the range of $100,000 to $500,000. This estimate is based on the assumption that the contract will involve a significant amount of work and resources to provide the required services.

AI estimate from the award documents

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