Flexible spending account - fsafeds (2025)

Ended Awarded Last action

Contract number
86614325F00007
Awardee
Awarding agency
Obligated
$41,505

Award facts

Contract value 100% obligated
$41,505.20 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of the Chief Human Capital Officer Department of Housing and Urban Development
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

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00001 $387
Original award $41,118

About this award

The U.S. Department of Housing and Urban Development (HUD) awarded a $41,505.20 firm fixed-price delivery order to Healthequity, Inc. (doing business as Healthequity HSA Administrators) on June 4, 2025, with an ultimate completion date of June 4, 2026. This delivery order supports HUD's Flexible Spending Account (FSA) administration services, enabling federal employees at HUD to utilize pre-tax dollars for healthcare and dependent care expenses. The work will be performed in Draper, Utah, where Healthequity maintains its headquarters. No set-aside designation was applied to this award, indicating full and open competition.

This delivery order is issued under Healthequity's primary Indefinite Delivery Contract with the Office of Personnel Management, a single-award vehicle with a ceiling value of $131.8 million extending through December 31, 2029, that covers FSAFEDS administration services for approximately 2 million federal civilian employees and uniformed service members. Healthequity serves as the prime contractor and provides comprehensive third-party administrative services including account establishment, contribution processing, claims processing, customer service, reimbursement management, and debit card issuance. The company bills individual federal agencies on a per-agency, per-employee basis throughout each calendar year and has established itself as the primary administrator of the Federal Flexible Spending Account Program across virtually all major federal agencies and departments.

Quick answers

Who was awarded contract 86614325F00007?

86614325F00007 was awarded to Healthequity, Inc. by Philadelphia Operations Branch (Department of Housing and Urban Development) on June 4, 2025.

How much is contract 86614325F00007 worth?

The government has obligated $41,505 on 86614325F00007.

Which agency awarded contract 86614325F00007?

Philadelphia Operations Branch (Department of Housing and Urban Development) awarded 86614325F00007, with funding from Office of the Chief Human Capital Officer (Department of Housing and Urban Development).

Is contract 86614325F00007 an order under another contract?

Yes. 86614325F00007 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).

Was contract 86614325F00007 competed?

The extent of competition for 86614325F00007 was full and open competition. The government received 1 offer.

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