Federal spending account program (fsafeds) administration services.
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 24322625D0002
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Office of Personnel Management
- Task orders
- 27 $26,409,401 obligated
Award facts
- Opportunity
-
- Federal Flexible Spending Account Program (FSAFEDS) Solicitation · 24322625R0004 · Posted Apr 10, 2025
- Combined order value
- $26,410,168 Current and potential, with all options
- Last date to order 20% complete
- IDV ceiling 20% used
- $131,782,048.06
- Award type
- Single award
- Who can order
- All agencies
- 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 · 2 offers Negotiated Proposal / Quote
- Pricing
- Order Dependent (IDV only)
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The Office of Personnel Management (OPM) awarded an Indefinite Delivery Contract (IDC) to HealthEquity, Inc. to provide Federal Spending Account Program (FSAFEDS) administration services. The single-award contract has a ceiling value of $131,782,048.06 and a period of performance from January 1, 2026 through December 31, 2029.
The contract requires HealthEquity to manage flexible spending accounts for approximately 2 million federal civilian employees and uniformed service members, including account establishment, contribution processing, claims processing, customer service, reimbursement management, and debit card issuance. The contractor will be responsible for developing enrollment and marketing strategies, maintaining data security, and preventing fraud. Performance will be located in Washington, D.C., and the contract was awarded on a full and open competitive basis without any small business set-asides.
Task orders
Show all 27
Quick answers
Who was awarded contract 24322625D0002?
24322625D0002 was awarded to Healthequity, Inc. by Office of Personnel Management on January 1, 2026.
How much is contract 24322625D0002 worth?
Orders under 24322625D0002 have obligated $26,409,401. Their combined current value, with exercised options, is $26,410,168. 24322625D0002's own ceiling is $131,782,048.
How many orders have been placed under contract 24322625D0002?
27 orders have been placed under 24322625D0002, the latest on December 1, 2026.
Who can order from contract 24322625D0002?
24322625D0002 is a single award indefinite delivery contract. All agencies can place orders on it.
Was contract 24322625D0002 competed?
The extent of competition for 24322625D0002 was full and open competition. The government received 2 offers.
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