Federal flexible spending account (FASFEDS) administrative services
Ended Awarded Last action
- Contract number
- 95314224F0006
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Defense Nuclear Facilities Safety Board
- Obligated
- $1,667
Award facts
- Contract value 100% obligated
- $1,667.13 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
- R799 Support- Management: Other
- 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 20004, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $20 | |
| Other Administrative Action | $0 | |
| Original award | $1,647 |
About this award
This is a firm fixed price delivery order awarded by the Defense Nuclear Facilities Safety Board, a civilian federal agency, to Healthequity, Inc. to provide administrative services for the Federal Flexible Spending Account (FSAFEDS) program. The contract has a ceiling value of $1,667.13 and will run through March 31, 2025. This is not a set-aside contract.
Healthequity is a provider of health savings accounts, flexible spending accounts, and other financial solutions for managing healthcare expenses. The company has been repeatedly awarded contracts to administer the FSAFEDS program, which allows federal employees to fund qualified medical and dependent care expenses on a pre-tax basis. This contract requires Healthequity to handle account establishment, contribution processing, reimbursements, debit card issuance, and other program management functions.
In addition to this delivery order, Healthequity holds a multiple award governmentwide acquisition contract (GWAC) through the Office of Personnel Management to provide third-party FSAFEDS administration services valued at over $250 million. Task orders issued against this IDIQ contract vehicle fund Healthequity's services for numerous federal agencies through December 2024.
Quick answers
Who was awarded contract 95314224F0006?
95314224F0006 was awarded to Healthequity, Inc. by Defense Nuclear Facilities Safety Board on April 1, 2024.
How much is contract 95314224F0006 worth?
The government has obligated $1,667 on 95314224F0006.
Is contract 95314224F0006 an order under another contract?
Yes. 95314224F0006 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract 95314224F0006 competed?
The extent of competition for 95314224F0006 was full and open competition. The government received 1 offer.
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