Fsafeds administrative service fees
Ended Awarded Last action
- Contract number
- 36C10X24F0052
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
VA Strategic Acquisition Center Frederick
Headquarters, Department of Veterans Affairs
- Obligated
- $2,128,694
Award facts
- Contract value 77% obligated
- $2,757,946.07 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
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$23,034 | |
| Other Administrative Action | $0 | |
| Original award | $2,151,728 |
About this award
This is a Firm Fixed Price delivery order contract awarded by the Department of Veterans Affairs (VA) Strategic Acquisition Center Frederick to Healthequity, Inc., a for-profit organization based in Draper, Utah. The contract is for $2,757,946.07 to provide administrative services for the Federal Flexible Spending Account Program (FSAFEDS) through December 31, 2024. Healthequity specializes in healthcare financial management solutions and holds a significant $250 million Government-Wide Acquisition Contract (GWAC) with the Office of Personnel Management for FSAFEDS third-party administrative services. This contract is not set aside and was awarded on a full and open competitive basis. The services to be provided include account establishment, contribution processing, claims processing, customer service, reimbursement management, and debit card issuance for healthcare and dependent care flexible spending accounts for federal employees.
Quick answers
Who was awarded contract 36C10X24F0052?
36C10X24F0052 was awarded to Healthequity, Inc. by VA Strategic Acquisition Center Frederick (Headquarters) on January 1, 2024.
How much is contract 36C10X24F0052 worth?
The government has obligated $2,128,694 on 36C10X24F0052. Its current value, with exercised options, is $2,757,946.
Is contract 36C10X24F0052 an order under another contract?
Yes. 36C10X24F0052 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 36C10X24F0052 competed?
The extent of competition for 36C10X24F0052 was full and open competition. The government received 1 offer.
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