Administrative fees for DOL's fsafeds program
Ended Awarded Last action
- Contract number
- 1605C324F00014
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Office of the Assistant Secretary for Administration and Management
Department of Labor
- Obligated
- $115,043
Award facts
- Contract value 100% obligated
- $115,042.95 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
- 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
- Washington, DC 20210, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Change Order | $1,158 | |
| Original award | $113,885 |
About this award
This is a firm fixed price delivery order awarded to Healthequity, Inc. by the U.S. Department of Labor (DOL) to provide administrative services for the Federal Flexible Spending Account Program (FSAFEDS). The contract has a ceiling value of $115,042.95 and an ultimate completion date of December 31, 2024. Healthequity, a provider of healthcare financial solutions, has previously been awarded multiple FSAFEDS administration contracts across various federal agencies, including the Departments of Homeland Security, Health and Human Services, Veterans Affairs, and Defense. This delivery order does not have a set-aside designation. The contract requires Healthequity to handle account management, claims processing, customer service, and other support functions to enable federal employees to manage medical and dependent care expenses on a pre-tax basis through FSAFEDS. Healthequity also holds a larger, multiple award Governmentwide Acquisition Contract (GWAC) through the Office of Personnel Management for providing FSAFEDS third-party administration services, valued at over $250 million, which funds task orders for numerous agencies through December 2024.
Quick answers
Who was awarded contract 1605C324F00014?
1605C324F00014 was awarded to Healthequity, Inc. by Office of the Assistant Secretary for Administration and Management (Department of Labor) on January 1, 2024.
How much is contract 1605C324F00014 worth?
The government has obligated $115,043 on 1605C324F00014.
Is contract 1605C324F00014 an order under another contract?
Yes. 1605C324F00014 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 1605C324F00014 competed?
The extent of competition for 1605C324F00014 was full and open competition. The government received 1 offer.
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