2025 fsafeds health and dependent care accounts administrative fees.
Ended Awarded Last action
- Contract number
- 50310225F0028
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Securities and Exchange Commission
- Obligated
- $43,900
Award facts
- Contract value 100% obligated
- $43,899.90 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- 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 | $168 | |
| Original award | $43,732 |
About this award
The U.S. Securities and Exchange Commission awarded a $43,899.90 firm fixed-price delivery order to HealthEquity, Inc. (doing business as HealthEquity HSA Administrators) on March 25, 2025, for 2025 FSAFEDS (Federal Flexible Spending Account) Health and Dependent Care Accounts administrative fees. The contract, which has no set-aside designation, represents work to be performed in Draper, Utah, with an ultimate completion date of January 9, 2026. HealthEquity provides comprehensive third-party administrative services for the Federal Flexible Spending Account Program, including account establishment, contribution processing, claims processing, customer service, reimbursement management, and debit card issuance for federal employees' pre-tax medical and dependent care flexible spending accounts.
This delivery order is issued under HealthEquity's larger Indefinite Delivery Contract (IDC) vehicle with the Office of Personnel Management, the primary contracting agency for FSAFEDS administration. HealthEquity's OPM IDC, valued at $131.8 million and effective through December 31, 2029, covers FSAFEDS administration services for approximately 2 million federal civilian employees and uniformed service members. The company competes on a full and open competitive basis and has been awarded numerous delivery orders across multiple federal agencies, including the Department of Defense, Department of Homeland Security, and the Social Security Administration, demonstrating its established role in managing tax-advantaged employee benefits programs government-wide.
Quick answers
Who was awarded contract 50310225F0028?
50310225F0028 was awarded to Healthequity, Inc. by Securities and Exchange Commission on March 25, 2025.
How much is contract 50310225F0028 worth?
The government has obligated $43,900 on 50310225F0028.
Is contract 50310225F0028 an order under another contract?
Yes. 50310225F0028 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 50310225F0028 competed?
The extent of competition for 50310225F0028 was full and open competition. The government received 1 offer.
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