Federal flexible benefits plan administrative costs
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 47QACA25D0034
- Awardee
-
Healthequity, Inc. UEI JHYDEGZ72RH3
- Awarding agency
-
Federal Acquisition Service
General Services Administration
- Task orders
- 0
Award facts
- Opportunity
-
- 47QACA25Q0301 Solicitation number
- Last date to order 100% complete
- IDV ceiling
- $17,252.40
- Award type
- Single award
- Who can order
- All agencies
- Funding agency
- Office of Personnel Management
- 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 Two Step
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Other statutory authority
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
About this IDV
Healthequity, Inc., doing business as Healthequity HSA Administrators, was awarded a single-award Indefinite Delivery Contract by the Office of Personnel Management on August 22, 2025, with a ceiling value of $17,252.40 and an ultimate completion date of December 2, 2025. This civilian agency contract, awarded without set-aside designation on a full and open competitive basis, focuses on administrative support services and deobligation of funds related to federal flexible benefits plan administrative costs. The contract represents a secondary vehicle supporting Healthequity's primary responsibilities as the third-party administrator for the Federal Flexible Spending Account Program across the federal government, with performance located in Washington, D.C.
Under this Indefinite Delivery Contract, Healthequity provides administrative support services integral to the Federal Flexible Spending Account Program, which enables approximately 2 million federal civilian employees and uniformed service members to utilize pre-tax dollars for qualified healthcare and dependent care expenses. The company's core administrative functions include account establishment, contribution processing, claims processing, customer service, reimbursement management, and debit card issuance. This secondary contract vehicle facilitates financial reconciliation and administrative closeout activities, complementing Healthequity's primary Indefinite Delivery Contract with the Office of Personnel Management, which carries a substantially larger ceiling value of $131.78 million and extends through December 31, 2029. Task orders and delivery orders issued against Healthequity's IDV vehicles by multiple federal agencies serve as the primary mechanism for executing these administration responsibilities, with the company billing individual agencies on a per-agency basis throughout each calendar year.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | -$17,252 | |
| Original award | $17,252 |
Quick answers
Who was awarded contract 47QACA25D0034?
47QACA25D0034 was awarded to Healthequity, Inc. by Federal Acquisition Service (General Services Administration) on August 22, 2025.
How much is contract 47QACA25D0034 worth?
47QACA25D0034's own ceiling is $17,252.
Which agency awarded contract 47QACA25D0034?
Federal Acquisition Service (General Services Administration) awarded 47QACA25D0034, with funding from Office of Personnel Management.
Who can order from contract 47QACA25D0034?
47QACA25D0034 is a single award indefinite delivery contract. All agencies can place orders on it.
Was contract 47QACA25D0034 competed?
The extent of competition for 47QACA25D0034 was full and open competition. The government received 1 offer.
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