Federal flexible spending account (fsafeds) administration services for the calendar year 2024.
Ended Awarded Last action
- Contract number
- 24362524F0026
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Office of Personnel Management
- Obligated
- $7,739,014
Award facts
- Contract value 100% obligated
- $7,739,013.73 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
- Irving, TX 75063, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Original award | $7,739,014 |
About this award
This is a firm fixed price delivery order awarded by the Office of Personnel Management (OPM) to Healthequity, Inc. to provide federal flexible spending account (FSAFEDS) administration services for the calendar year 2024. The $7,739,013.73 contract does not have a set-aside designation. Healthequity, a provider of health savings and reimbursement accounts, has previously held similar FSAFEDS administration contracts with various federal agencies including the Departments of Homeland Security, Health and Human Services, and Defense. This contract requires the company to handle account management, claims processing, customer service, and other support functions that allow federal employees to contribute to and access pre-tax medical and dependent care spending accounts. The contract is part of a larger indefinite delivery/indefinite quantity (IDIQ) vehicle worth over $250 million through which Healthequity provides third-party FSAFEDS administration services to numerous federal agencies through the end of 2024.
Quick answers
Who was awarded contract 24362524F0026?
24362524F0026 was awarded to Healthequity, Inc. by Office of Personnel Management on January 1, 2024.
How much is contract 24362524F0026 worth?
The government has obligated $7,739,014 on 24362524F0026.
Is contract 24362524F0026 an order under another contract?
Yes. 24362524F0026 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 24362524F0026 competed?
The extent of competition for 24362524F0026 was full and open competition. The government received 1 offer.
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