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Pension Benefit Guaranty Corporation Awarded a Contract to HEALTHEQUITY, INC. for $9,933.24

Signed on

4/2/2024, 12:00 AM

HEALTHEQUITY, INC. Government Contract #16PBGC24F0048

HEALTHEQUITY, INC. was awarded a contract with the United States Government for $9,933.24. The contract was awarded by the agency office PENSION BENEFIT GUARANTY CORP, which is a division with the Pension Benefit Guaranty Corporation within the Pension Benefit Guaranty Corporation.

Summary of Award

The recipient of the federal contract is HealthEquity, Inc., a U.S.-owned business based in Draper, Utah, specializing in human resources support services. The contract, funded by the Pension Benefit Guaranty Corporation, is for the Flexible Spending Account Program of PBGC employees and is worth $9,933.24. Notable transactions include an initial transaction of $9,860.04 and subsequent transactions of -$151.89 and $225.09 on different dates.

Contract Details

Contract ID16PBGC24F0048
Contract TypeC
Total Obligation$9,933.24
Exercised Options$9,933.24
Base Amount + Options$9,933.24
Date Signed2024-04-02
Contract DescriptionTHIS PROCUREMENT IS FOR THE FLEXIBLE SPENDING ACCOUNT PROGRAM OF PBGC'S EMPLOYEES. OPM HAS SELECTED HEALTH EQUITY TO ADMINISTER FSAFEDS. THE ORDERED SERVICES ARE REQUIRED PER OPM NUMBER 21-801 BENEFITS ADMINISTRATION LETTER.
Start Date2024-01-01
End Date2024-12-31

Agency Details

Awarding AgencyPension Benefit Guaranty Corporation
Awarding Sub AgencyPension Benefit Guaranty Corporation
Awarding OfficePENSION BENEFIT GUARANTY CORP
Funding AgencyPension Benefit Guaranty Corporation
Funding Sub AgencyPension Benefit Guaranty Corporation
Funding OfficePENSION BENEFIT GUARANTY CORP

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 | $-151.89June 4, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-151.89 to HEALTHEQUITY, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $225.09November 13, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $225.09 to HEALTHEQUITY, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $9,860.04April 2, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $9,860.04 to HEALTHEQUITY, INC.. The payment included a Subsidy Cost of $0.00.