The federal flexible spending account program (fsafeds): 2025 administrative fees
Ended Awarded Last action
- Contract number
- 12314425F0231
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Office of Procurement and Property Management
Department of Agriculture
- Obligated
- $311,032
Award facts
- Contract value 100% obligated
- $311,031.60 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Office of Human Resource Management Department of Agriculture
- NAICS code
- 524292 Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds
- PSC
- R711 Support- Management: Banking
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Draper, UT 84020, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this award
The Office of Personnel Management issued a delivery order to Healthequity, Inc. on August 11, 2025, with a ceiling value of $311,031.60 for Federal Flexible Spending Account Program (FSAFEDS) administrative fees through March 14, 2026.
This delivery order is issued under Healthequity's primary Indefinite Delivery Contract with OPM, awarded January 1, 2026, with a $131.8 million ceiling through December 31, 2029. That IDC covers comprehensive FSAFEDS third-party administration—account establishment, contribution processing, claims processing, customer service, reimbursement management, and debit card issuance—serving approximately 2 million federal civilian employees and uniformed service members.
Place of performance is Draper, UT. The order carries firm fixed-price pricing and was issued without set-aside. Healthequity serves as prime contractor with no identified subcontractors.
Quick answers
Who was awarded contract 12314425F0231?
12314425F0231 was awarded to Healthequity, Inc. by Office of Procurement and Property Management (Department of Agriculture) on August 11, 2025.
How much is contract 12314425F0231 worth?
The government has obligated $311,032 on 12314425F0231.
Which agency awarded contract 12314425F0231?
Office of Procurement and Property Management (Department of Agriculture) awarded 12314425F0231, with funding from Office of Human Resource Management (Department of Agriculture).
Is contract 12314425F0231 an order under another contract?
Yes. 12314425F0231 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 12314425F0231 competed?
The extent of competition for 12314425F0231 was full and open competition. The government received 1 offer.
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