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Department of Labor Awarded a Contract to HEALTHEQUITY, INC. for $115,013.67

Signed on

3/19/2024, 12:00 AM

HEALTHEQUITY, INC. Government Contract #1605C324F00014

HEALTHEQUITY, INC. was awarded a contract with the United States Government for $115,013.67. The contract was awarded by the agency office DOL - CAS DIVISION 3 PROCUREMENT, which is a division with the Office of the Assistant Secretary for Administration and Management within the Department of Labor.

Summary of Award

The recipient of the federal contract is HealthEquity, Inc., a U.S.-owned business based in Draper, Utah, specializing in support management services like banking. The contract is for administrative fees for the Department of Labor's FSAFEDS program, with a total obligation of $115,013.67. Notable transactions include a payment of $113,884.56 on March 19, 2024, and a smaller payment of $29.28 on February 17, 2026.

Contract Details

Contract ID1605C324F00014
Contract TypeC
Total Obligation$115,013.67
Exercised Options$115,013.67
Base Amount + Options$115,013.67
Date Signed2024-03-19
Contract DescriptionADMINISTRATIVE FEES FOR DOL'S FSAFEDS PROGRAM
Start Date2024-01-01
End Date2024-12-31

Agency Details

Awarding AgencyDepartment of Labor
Awarding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Awarding OfficeDOL - CAS DIVISION 3 PROCUREMENT
Funding AgencyDepartment of Labor
Funding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Funding OfficeDOL (OASAM) - FRONT OFFICE

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 | $-29.28February 17, 2026

Office of the Assistant Secretary for Administration and Management, a sub agency of Department of Labor, issued a payment of $-29.28 to HEALTHEQUITY, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $1,158.39November 6, 2024

Office of the Assistant Secretary for Administration and Management, a sub agency of Department of Labor, issued a payment of $1,158.39 to HEALTHEQUITY, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $113,884.56March 19, 2024

Office of the Assistant Secretary for Administration and Management, a sub agency of Department of Labor, issued a payment of $113,884.56 to HEALTHEQUITY, INC.. The payment included a Subsidy Cost of $0.00.