Federal flexible spending account program (fsafeds) administration services, multiple agency contract (MAC), indefinite quantity
Ended Government Wide Acquisition Contract (GWAC) Awarded Last action
- Contract number
- 24361820D0002
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Office of Personnel Management
- Task orders
- 325 $75,477,354 obligated
Award facts
- Opportunity
-
- 24361820R0002 Solicitation number
- Federal Flexible Spending Account Program (FSAFEDS) Administration Services (MULTI-AGENCY CONTRACT) Award Notice · Posted Jul 2, 2020
- Federal Flexible Spending Account Program (FSAFEDS) Administration Services (MULTI-AGENCY CONTRACT) Solicitation · Posted Apr 14, 2020
- Federal Flexible Spending Account (FSAFEDS) Program Services Pre-Solicitation · Posted Nov 15, 2019
- Combined order value
-
- $76,420,503 Current, with exercised options
- $77,426,126 Potential, with all options
- Last date to order 100% complete
- IDV ceiling 30% used
- $250,000,000.00
- Maximum order
- $250,000,000.00
- Award type
- Multiple award
- Who can order
- All agencies
- 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 · 2 offers Two Step
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
This is a Government Wide Acquisition Contract (GWAC) awarded by the Office of Personnel Management (OPM) to Healthequity, Inc., a for-profit organization based in Draper, Utah. The contract, valued at $250,000,000, is for the administration of the Federal Flexible Spending Account Program (FSAFEDS), which enables federal employees to manage pre-tax medical and dependent care expenses. Healthequity provides a range of services under this contract, including account establishment, contribution processing, claims processing, customer service, reimbursement management, and debit card issuance.
The GWAC serves as the primary vehicle for Healthequity to deliver these FSAFEDS administration services across numerous federal agencies, including the Departments of Homeland Security, Health and Human Services, Veterans Affairs, and Defense, as well as civilian agencies such as the Social Security Administration, Federal Emergency Management Agency, and Department of Transportation. The contract does not utilize any set-aside designations, indicating Healthequity competes for these task orders on a full and open competitive basis. The period of performance for the GWAC is through December 31, 2025.
Task orders
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Latest 50 of 325 listed here. See the rest on GovTribe.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Rerepresentation | $0 | |
| Modification | $0 | |
| Other Administrative Action | $0 |
Quick answers
Who was awarded contract 24361820D0002?
24361820D0002 was awarded to Healthequity, Inc. by Office of Personnel Management on July 1, 2020.
How much is contract 24361820D0002 worth?
Orders under 24361820D0002 have obligated $75,477,354. Their combined current value, with exercised options, is $76,420,503. Their combined potential value, with all options, is $77,426,126. 24361820D0002's own ceiling is $250,000,000. A single order can be worth up to $250,000,000.
How many orders have been placed under contract 24361820D0002?
325 orders have been placed under 24361820D0002, the latest on September 21, 2026.
Who can order from contract 24361820D0002?
24361820D0002 is a multiple award government wide acquisition contract (GWAC). All agencies can place orders on it.
Was contract 24361820D0002 competed?
The extent of competition for 24361820D0002 was full and open competition. The government received 2 offers.
On GovTribe
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