Department of defense operations and maintenance flexible spending account fiscal year 2025 administration fee
Ended Awarded Last action
- Contract number
- HQ042325FE041
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Defense Finance and Accounting Service
Department of Defense
- Obligated
- $315,503
Award facts
- Contract value 100% obligated
- $315,503.10 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Washington Headquarters Service Department of Defense
- 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 | $8,537 | |
| Other Administrative Action | $0 | |
| Original award | $306,966 |
About this award
The Washington Headquarters Service (Defense) issued a delivery order to Healthequity, Inc. on January 1, 2025, for Department of Defense Operations and Maintenance Flexible Spending Account administration fees, with a ceiling value of $315,503.10 and an ultimate completion date of December 31, 2025.
This is a firm fixed price delivery order under Healthequity's role as the established sole third-party administrator of the Federal Flexible Spending Account Program (FSAFEDS) across the federal government. Place of performance is Draper, UT. Healthequity delivers account establishment, contribution processing, claims processing, customer service, reimbursement management, debit card issuance, and related administration services directly to approximately 2 million federal civilian employees and uniformed service members, billing individual agencies on a per-agency, per-employee basis. The company performs all work in-house with no subcontractors and operates under delegated authority from the Office of Personnel Management's master Indefinite Delivery Contract for FSAFEDS administration.
Quick answers
Who was awarded contract HQ042325FE041?
HQ042325FE041 was awarded to Healthequity, Inc. by Defense Finance and Accounting Service (Department of Defense) on January 1, 2025.
How much is contract HQ042325FE041 worth?
The government has obligated $315,503 on HQ042325FE041.
Which agency awarded contract HQ042325FE041?
Defense Finance and Accounting Service (Department of Defense) awarded HQ042325FE041, with funding from Washington Headquarters Service (Department of Defense).
Is contract HQ042325FE041 an order under another contract?
Yes. HQ042325FE041 is a delivery order under 24361820D0002, a government wide acquisition contract (GWAC).
Was contract HQ042325FE041 competed?
The extent of competition for HQ042325FE041 was full and open competition. The government received 1 offer.
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