CY23 HI-feio fsafeds agency contribution offset procurement
Ended Awarded Last action
- Contract number
- 24362523F0021
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Office of Personnel Management
- Obligated
- $8,760,986
Award facts
- Contract value 100% obligated
- $8,760,986.27 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 · 2 offers Multiple Award, Fair Opportunity
- 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $0 | |
| Funding Only Action | $760,986 | |
| Original award | $8,000,000 |
About this award
This federal contract award was issued by the Office of Personnel Management (OPM) to Healthequity, Inc., a for-profit organization in Draper, Utah. The $8,760,986.27 firm fixed-price delivery order is for CY23 HI-FEIO FSAFEDS agency contribution offset procurement, supporting the Federal Flexible Spending Account (FSAFEDS) program. The contract does not have a set-aside designation, indicating Healthequity competed on a full and open basis.
Healthequity holds a $250 million Government-Wide Acquisition Contract (GWAC) with OPM, which serves as the primary vehicle for the company's FSAFEDS administration services across federal agencies. This IDIQ contract enables task order issuances from over a dozen federal departments, allowing them to leverage Healthequity's third-party administration services for the Federal Flexible Spending Account Program. The contract facilitates pre-tax contribution management for medical and dependent care expenses, helping federal agencies enhance their employee benefits packages and support workforce recruitment and retention.
Quick answers
Who was awarded contract 24362523F0021?
24362523F0021 was awarded to Healthequity, Inc. by Office of Personnel Management on January 1, 2023.
How much is contract 24362523F0021 worth?
The government has obligated $8,760,986 on 24362523F0021.
Is contract 24362523F0021 an order under another contract?
Yes. 24362523F0021 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 24362523F0021 competed?
The extent of competition for 24362523F0021 was full and open competition. The government received 2 offers.
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