Supplemental benefits program
Active Definitive Contract Awarded Last action
- Contract number
- 50310225C0033
- Awardee
-
Metropolitan Life Insurance Co UEI XN1CSKV5KNR8
- Awarding agency
-
Securities and Exchange Commission
- Obligated
- $15,866,455
Award facts
- Contract value 15% obligated
-
- $15,866,454.72 Current, with exercised options
- $106,897,668.32 Potential, with all options
- Completion date 8% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 524114 Direct Health and Medical Insurance Carriers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Bridgewater, NJ 08807, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $8,158,347 | |
| Original award | $7,708,108 |
About this award
The Securities and Exchange Commission awarded a $106.9 million definitive contract to Metropolitan Life Insurance Co for a Supplemental Benefits Program on January 1, 2026, extending through December 31, 2035. The contract is firm fixed price with no small business set-aside.
Place of performance is Bridgewater, NJ. The program provides supplemental insurance and benefits administration services to support SEC employee compensation and retention strategies.
Quick answers
Who was awarded contract 50310225C0033?
50310225C0033 was awarded to Metropolitan Life Insurance Co by Securities and Exchange Commission on January 1, 2026.
How much is contract 50310225C0033 worth?
The government has obligated $15,866,455 on 50310225C0033. Its potential value, with all options, is $106,897,668.
Was contract 50310225C0033 competed?
The extent of competition for 50310225C0033 was full and open competition. The government received 1 offer.
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