Flexible spending account OPM
Ended Awarded Last action
- Contract number
- 83310118F0032
- Awardee
-
Wageworks, Inc. UEI H6LMDQMVBJ57 Part of Healthequity, Inc.
- Awarding agency
-
Export Import Bank of the US
- Obligated
- $14,613
Award facts
- Contract value 46% obligated
-
- $14,612.88 Current, with exercised options
- $31,912.08 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
- R699 Support- Administrative: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20571, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$2,686 | |
| Exercise an Option | $4,325 | |
| Exercise an Option | $4,325 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $4,325 | |
| Original award | $4,325 |
About this award
The U.S. Export-Import Bank awarded a delivery order valued at $31,912.08 to Wageworks, Inc. for Flexible Spending Account (FSA) administration services under a firm fixed-price contract. This delivery order, issued on January 1, 2018, represents a closeout deobligation of excess funds and was performed in Washington, DC through December 31, 2022. No set-aside designation was applied to this award. Wageworks, a consumer-directed benefits administration provider, was selected to deliver FSA administration and related pretax benefits services, enabling federal employees to utilize pre-tax dollars for healthcare and dependent care expenses.
Wageworks is a subsidiary of Healthequity, Inc., a leading third-party administrator specializing in Federal Flexible Spending Account Program (FSAFEDS) services across federal agencies. Healthequity holds the primary indefinite delivery contract (IDC) with the Office of Personnel Management for comprehensive FSAFEDS administration, with a ceiling value of $131.8 million through December 31, 2029. Under this arrangement, Healthequity and its subsidiary Wageworks provide critical administrative functions including account establishment, contribution processing, claims processing, and debit card issuance. The Export-Import Bank's delivery order to Wageworks represents one of numerous task orders and delivery orders issued by federal agencies against Healthequity's OPM IDC vehicles to support flexible spending account administration for approximately 2 million federal civilian employees and uniformed service members.
Quick answers
Who was awarded contract 83310118F0032?
83310118F0032 was awarded to Wageworks, Inc. by Export Import Bank of the US on January 1, 2018.
How much is contract 83310118F0032 worth?
The government has obligated $14,613 on 83310118F0032. Its potential value, with all options, is $31,912.
Is contract 83310118F0032 an order under another contract?
Yes. 83310118F0032 is a delivery order under OPM3516C0003, an indefinite delivery contract.
Was contract 83310118F0032 competed?
The extent of competition for 83310118F0032 was full and open competition.
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