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Office of Personnel Management Awarded a Contract to HEALTHEQUITY, INC. for $250,000,000.00
Signed on
7/2/2020, 12:00 AM
HEALTHEQUITY, INC. Government Contract #24361820D0002
HEALTHEQUITY, INC. was awarded a contract with the United States Government for $250,000,000.00. The contract was awarded by the agency office OPM PHILADELPHIA REGION CONTRACTING, which is a division with the Office of Personnel Management within the Office of Personnel Management.
Summary of Award
The recipient of the federal contract is Healthequity, Inc., based in Draper, Utah. The contract, funded by the Office of Personnel Management, is for the administration services of the Federal Flexible Spending Account Program with a total value of $250,000,000. Notable details include the contract being set aside for no specific group, the recipient being a U.S.-Owned Business, and the nature of the service being third-party administration of insurance and pension funds.