Flexible spending account (FSA) administration

Ended Definitive Contract Awarded Jan 1, 2016 Last action Sep 27, 2024

Contract number: TCC16HQC0003
Awardee: Wageworks, Inc. UEI H6LMDQMVBJ57 Part of Healthequity, Inc.
Awarding agency: Office of the Comptroller of the Currency Department of the Treasury
Obligated: $450,251

Award facts

Opportunity: CC15HQR0010 Solicitation number

Federal Flexible Spending Account (FSA) Administration Award Notice · Posted Apr 16, 2015
Contract value 100% obligated: $450,250.92 Current and potential, with all options
Completion date 100% complete: Mar 31, 2021 Current and potential, with all options
Contracting staff: Miriam Ross
NAICS code: 524298 All Other Insurance Related Activities
PSC: G007 Social- Government Health Insurance Programs
Set-aside: No set-aside
Competition: Full and Open Competition · 2 offers Negotiated Proposal / Quote
Pricing: Firm Fixed Price
Place of performance: San Mateo, CA 94403, USA

Award details come from SAM.gov/FPDS.

Transactions

Action	Obligated	Date
Close Out 9	-$22,178	Sep 27, 2024
Funding Only Action 8 · Flex spending plan correct deobligation error from MOD 0007	$19,813	Dec 28, 2020
Supplemental Agreement for work within scope 7 · Flex spending plan three months extension and deobligation of excess funds	-$7,681	Dec 18, 2020
Supplemental Agreement for work within scope 6	$0	Aug 19, 2020
Exercise an Option 5 · Flex spending plan	$40,905	Dec 17, 2019
Exercise an Option 4 · Flex spending plan option year 3	$97,068	Dec 6, 2018
Exercise an Option 3 · For other functions exercise of an option	$97,068	Dec 12, 2017
Other Administrative Action 2 · For other functions administrative change: key personnel	$0	Apr 6, 2017
Exercise an Option 1 · For other functions the purpose of this contract is for flex spending account administration. Exercise option year 1	$128,188	Dec 20, 2016
Other Administrative Action 101 · The purpose of this administrative modification is to change the contract administrator from darryle brown to grace KAM. For other functions	$0	Feb 25, 2016
Original award	$97,068	Oct 8, 2015

Show all 11

About this award

Written by GovTribe AI · Sep 28, 2024

This firm fixed-price federal contract was awarded to Wageworks, Inc. (doing business as Wageworks) to provide Flexible Spending Account (FSA) administration services. The contract has a ceiling value of $450,250.92 and a period of performance through March 31, 2021. Wageworks, which is owned by Healthequity, Inc., has previously provided similar pre-tax benefits administration services for a variety of federal agencies. This award does not have a set-aside designation. The contracting agency is the Office of the Comptroller of the Currency, which is a civilian federal agency. The contract supports the Federal Flexible Spending Account (FSA) program, which allows federal employees to pay for qualified medical and dependent care expenses on a pre-tax basis.

Quick answers

Who was awarded contract TCC16HQC0003?

TCC16HQC0003 was awarded to Wageworks, Inc. by Office of the Comptroller of the Currency (Department of the Treasury) on January 1, 2016.

How much is contract TCC16HQC0003 worth?

The government has obligated $450,251 on TCC16HQC0003.

Was contract TCC16HQC0003 competed?

The extent of competition for TCC16HQC0003 was full and open competition. The government received 2 offers.

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