This task order is issued for $1,000,000.00 for start up services as agreed upon per the fsafeds contract. These funds are being utilized to begin the infrastructure buildout for the addition of a…
Ended Awarded Last action
- Contract number
- 24362526F0005
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Office of Personnel Management
- Obligated
- $1,000,000
Award facts
- Contract value 100% obligated
- $1,000,000.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- PSC
- R799 Support- Management: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Draper, UT 84020, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
About this award
The Office of Personnel Management issued a $1M delivery order to HealthEquity, Inc. on September 23, 2025, for startup services supporting infrastructure buildout for a Federal Flexible Spending Account (FSAFEDS) debit card offering. This firm fixed-price delivery order, with a completion date of January 30, 2026, is issued under HealthEquity's primary indefinite delivery contract (IDC) with OPM. That underlying IDC, awarded January 1, 2026, carries a $131.8M ceiling and extends through December 31, 2029, covering comprehensive third-party administration of FSAFEDS for approximately 2 million federal civilian employees and uniformed service members. The contract was awarded on a full and open competitive basis with no set-aside designation.
HealthEquity, headquartered in Draper, Utah, serves as the prime contractor with no identified subcontractors and is responsible for critical FSAFEDS administrative functions including account establishment, contribution processing, claims processing, customer service, reimbursement management, and debit card issuance. The company enables federal employees to utilize pre-tax dollars for healthcare and dependent care expenses while maintaining responsibility for enrollment, marketing, data security, and fraud prevention. This delivery order specifically funds the initial infrastructure investments required to implement debit card capabilities as an additional service component within the existing FSAFEDS program, performance location is Draper, Utah.
Description
This task order is issued for $1,000,000.00 for start up services as agreed upon per the fsafeds contract. These funds are being utilized to begin the infrastructure buildout for the addition of a fsafeds debit card offering for participants.
Quick answers
Who was awarded contract 24362526F0005?
24362526F0005 was awarded to Healthequity, Inc. by Office of Personnel Management on September 23, 2025.
How much is contract 24362526F0005 worth?
The government has obligated $1,000,000 on 24362526F0005.
Is contract 24362526F0005 an order under another contract?
Yes. 24362526F0005 is a delivery order under 24322625D0002, an indefinite delivery contract.
Was contract 24362526F0005 competed?
The extent of competition for 24362526F0005 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award