Task order for CY2025 fsafeds services administrative fees
Ended Awarded Last action
- Contract number
- 28321325FDX030094
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Social Security Administration
- Obligated
- $190,097
Award facts
- Contract value 100% obligated
- $190,096.50 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
- 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 | $1,033 | |
| Original award | $189,064 |
About this award
The Social Security Administration awarded a modification to a delivery order to Healthequity, Inc. for Calendar Year 2025 Federal Flexible Spending Account (FSAFEDS) Services administrative fees, valued at $190,096.50. This firm fixed-price task order, awarded on April 14, 2025, with an ultimate completion date of December 31, 2025, represents an increase in administrative fees due to higher-than-anticipated employee participation in the FSAFEDS program. The contract involves no set-aside designation, indicating Healthequity competed on a full and open competitive basis. Services will be performed in Draper, Utah, where Healthequity maintains its primary operations.
Healthequity, Inc., operating as Healthequity HSA Administrators, specializes in third-party administrative services for flexible spending and health savings accounts serving federal employees. Under this delivery order, the company provides comprehensive FSAFEDS administration including account establishment, contribution processing, claims processing, customer service, reimbursement management, and debit card issuance for federal civilian employees. This award is part of Healthequity's broader service delivery under larger indefinite delivery contracts with the Office of Personnel Management, which covers administration services for approximately 2 million federal civilian employees and uniformed service members, demonstrating the company's critical role in managing tax-advantaged employee benefits programs across the federal government.
Quick answers
Who was awarded contract 28321325FDX030094?
28321325FDX030094 was awarded to Healthequity, Inc. by Social Security Administration on April 14, 2025.
How much is contract 28321325FDX030094 worth?
The government has obligated $190,097 on 28321325FDX030094.
Is contract 28321325FDX030094 an order under another contract?
Yes. 28321325FDX030094 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 28321325FDX030094 competed?
The extent of competition for 28321325FDX030094 was full and open competition. The government received 1 offer.
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