Pension insurance for 1 lndh employee
Ended Awarded Last action
- Contract number
- FA557021F0009
- Awardee
-
Storebrand Livsforsikring AS UEI NKLGB2N4RML6
- Awarding agency
-
Air Forces Europe and Africa
Air Force, Department of Defense
- Obligated
- $8,115
Award facts
- Contract value 100% obligated
- $8,115.22 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 524114 Direct Health and Medical Insurance Carriers
- Set-aside
- No set-aside
- Competition
- Not Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Norway
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $2,315 | |
| Original award | $5,801 |
About this award
Storebrand Livsforsikring AS, a Norwegian insurance company and subsidiary of Storebrand ASA, was awarded a Firm Fixed Price Blanket Purchase Agreement (BPA) call contract by United States Air Forces in Europe - Air Forces Africa (USAFE-AFAFRICA) on October 1, 2020, with a ceiling value of $8,115.22. The contract, which was completed on September 30, 2021, provides pension insurance coverage for one local national hire employee stationed in Norway. The award was made without a set-aside designation, indicating open competition. This contract modification funded pension insurance for employees of the U.S. military presence in the Stavanger, Norway region through the Storebrand pension fund vehicle.
Storebrand Livsforsikring AS has established itself as a reliable provider of commercial off-the-shelf pension and group life insurance products to the Department of the Air Force and USAFE-AFAFRICA. The vendor, registered in the System for Award Management (SAM.gov) since January 2005, specializes in serving U.S. military and defense-related personnel stationed internationally, with prior contract awards ranging from approximately $847 to $241,833.83. This contract represents part of the contractor's ongoing capability to support insurance needs for American government personnel in international settings, particularly in support of U.S. military operations and presence in Europe and Africa.
Quick answers
Who was awarded contract FA557021F0009?
FA557021F0009 was awarded to Storebrand Livsforsikring AS by Air Forces Europe and Africa (Air Force) on October 1, 2020.
How much is contract FA557021F0009 worth?
The government has obligated $8,115 on FA557021F0009.
Is contract FA557021F0009 an order under another contract?
Yes. FA557021F0009 is a BPA call under FA557019AA002, a blanket purchase agreement.
Was contract FA557021F0009 competed?
The extent of competition for FA557021F0009 was not competed under sap. The government received 1 offer.
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