This GWAC contract for Financial services, Business Admin Services, Human Resources, Healthcare > Medical Practitioners was awarded in FY2020 on July 02, 2020 to HEALTHEQUITY, INC. by Office of Personnel Management. There have been $4.7M in obligations to date with a ceiling value of $250M, showing a 2% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 4 year duration with ultimate completion date of December 30, 2024.
HEALTHEQUITY, INC. is a contractor located in UT, doing primarily Financial services work for Justice. Also, they have shown success winning GWAC contracts concentrated mainly on a singular customer focused portfolio.
Government-wide Acquisition Contracts (GWAC) are awarded and managed by a limited number of Federal offices. The Federal Government granted the General Services Administration (GSA), National Institutes of Health (NIH), and NASA the authority to compete, award, and manage GWACs. Essentially awarded as Indefintive Delivery-Indefinite Quantity contract vehicles, GWACs are available to all Government agencies at a low fee to use, making them an attractive option to acquire IT products and services.
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