Provide funding for dependent-care and health-care flexible spending account administrative fees
Ended Awarded Last action
- Contract number
- 693KA925F00076
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Headquarters
Federal Aviation Administration, Department of Transportation
- Obligated
- $188,728
Award facts
- Contract value 100% obligated
- $188,728.10 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- 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
- Washington, DC 20591, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $1,618 | |
| Original award | $187,110 |
About this award
The U.S. federal government awarded a delivery order valued at $188,728.10 to Healthequity, Inc. (doing business as Healthequity HSA Administrators) on March 25, 2025, to provide funding for dependent-care and health-care flexible spending account administrative fees. This firm fixed-price delivery order, with performance in Washington, D.C., is expected to conclude by March 14, 2026, and was awarded without any small business set-aside designation on a full and open competitive basis. Healthequity, headquartered in Draper, Utah, serves as the prime contractor and primary administrator of the Federal Flexible Spending Account Program (FSAFEDS) for the federal government, managing critical administrative functions including account establishment, contribution processing, claims adjudication, customer service, reimbursement management, and debit card issuance.
This delivery order is issued under Healthequity's primary Indefinite Delivery Contract (IDC) with the Office of Personnel Management, which was awarded on January 1, 2026, with a ceiling value of $131.8 million and extends through December 31, 2029. The OPM IDC covers comprehensive FSAFEDS administration services serving approximately 2 million federal civilian employees and uniformed service members, enabling them to utilize pre-tax dollars for healthcare and dependent care expenses. Healthequity currently executes FSAFEDS responsibilities through numerous task orders and delivery orders issued by federal agencies government-wide, billing individual agencies for their respective employees' flexible spending account administration fees throughout each calendar year.
Quick answers
Who was awarded contract 693KA925F00076?
693KA925F00076 was awarded to Healthequity, Inc. by Headquarters (Federal Aviation Administration) on March 25, 2025.
How much is contract 693KA925F00076 worth?
The government has obligated $188,728 on 693KA925F00076.
Is contract 693KA925F00076 an order under another contract?
Yes. 693KA925F00076 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 693KA925F00076 competed?
The extent of competition for 693KA925F00076 was full and open competition. The government received 1 offer.
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