FY 22 pension insurance lndh
Ended Awarded Last action
- Contract number
- FA557022F0022
- Awardee
-
Storebrand Livsforsikring AS UEI NKLGB2N4RML6
- Awarding agency
-
Air Forces Europe and Africa
Air Force, Department of Defense
- Obligated
- $98,385
Award facts
- Contract value 93% obligated
- $105,926.02 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Air Force Department of Defense
- 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 | -$7,541 | |
| Original award | $105,926 |
About this award
This contract modification represents a de-obligation of excess funding totaling $7,541.02 from a Fiscal Year 2022 pension insurance contract awarded to Storebrand Livsforsikring AS, a Norwegian insurance provider and subsidiary of Storebrand ASA. The de-obligation was authorized by the vendor's representative, Mr. Trond Thire, following confirmation that claimed funds had been released. The contract, with a ceiling value of $105,926.02, was awarded by the U.S. Air Force under a firm fixed price blanket purchase agreement call structure and was scheduled for ultimate completion on September 30, 2022. No set-aside designation was utilized in this procurement, indicating open competition. The place of performance is Norway, reflecting the contractor's specialization in serving U.S. military and defense personnel stationed in the Nordic region.
Storebrand Livsforsikring AS has been registered in SAM.gov since January 2005 and maintains an established track record as a reliable provider of commercial off-the-shelf pension and group life insurance products for federal government entities, particularly the Department of the Air Force and United States Air Forces in Europe-Air Forces Africa. The company's federal contract portfolio demonstrates consistent capability in delivering insurance services to various employee categories, including local national employees and defense personnel stationed abroad. The firm fixed price structure and de-obligation process reflect standard contract management practices to ensure accurate expenditure tracking and fiscal accountability within the Air Force's personnel insurance procurement activities.
Quick answers
Who was awarded contract FA557022F0022?
FA557022F0022 was awarded to Storebrand Livsforsikring AS by Air Forces Europe and Africa (Air Force) on August 18, 2022.
How much is contract FA557022F0022 worth?
The government has obligated $98,385 on FA557022F0022. Its current value, with exercised options, is $105,926.
Which agency awarded contract FA557022F0022?
Air Forces Europe and Africa (Air Force) awarded FA557022F0022, with funding from Air Force (Department of Defense).
Is contract FA557022F0022 an order under another contract?
Yes. FA557022F0022 is a BPA call under FA557019AA002, a blanket purchase agreement.
Was contract FA557022F0022 competed?
The extent of competition for FA557022F0022 was not competed under sap. The government received 1 offer.
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