Department of Veterans Affairs Awarded a Contract to HEALTHEQUITY, INC. for $2,757,946.07

Q: Where is HEALTHEQUITY, INC. located?

15 W SCENIC POINTE DR STE 100 DRAPER UTAH UNITED STATES

Signed on

4/5/2024, 12:00 AM

HEALTHEQUITY, INC. Government Contract #36C10X24F0052

HEALTHEQUITY, INC. was awarded a contract with the United States Government for $2,757,946.07. The contract was awarded by the agency office SAC FREDERICK (36C10X), which is a division with the Department of Veterans Affairs within the Department of Veterans Affairs.

Summary of Award

The recipient of the federal contract is HealthEquity, Inc., a U.S.-owned business based in Utah. The contract, funded by the Department of Veterans Affairs, is for FSAFEDS administrative service fees worth $2,128,694.43. A notable transaction on April 5, 2024, shows an obligation amount of $2,151,728.36.

Contract Details

Contract ID36C10X24F0052

Contract TypeC

Total Obligation$2,128,694.43

Exercised Options$2,757,946.07

Base Amount + Options$2,757,946.07

Date Signed2024-04-05

Contract DescriptionFSAFEDS ADMINISTRATIVE SERVICE FEES

Start Date2024-01-01

End Date2024-12-31

Agency Details

Awarding AgencyDepartment of Veterans Affairs

Awarding Sub AgencyDepartment of Veterans Affairs

Awarding OfficeSAC FREDERICK (36C10X)

Funding AgencyDepartment of Veterans Affairs

Funding Sub AgencyDepartment of Veterans Affairs

Funding OfficeSAC FREDERICK (36C10X)

Recipient Details

RecipientHEALTHEQUITY, INC.

Recipient Location15 W SCENIC POINTE DR STE 100 DRAPER UTAH, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00002 | $-23,033.93September 15, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-23,033.93 to HEALTHEQUITY, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00August 1, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $0.00 to HEALTHEQUITY, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $2,151,728.36April 5, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $2,151,728.36 to HEALTHEQUITY, INC.. The payment included a Subsidy Cost of $0.00.