For other functions long-term and short-term disability insurance for OCC and OFR employees
Ended Definitive Contract Awarded Last action
- Contract number
- TCC15HQC0005
- Awardee
-
Metropolitan Life Insurance Co UEI XN1CSKV5KNR8 Part of Metlife, Inc.
- Awarding agency
-
Office of the Comptroller of the Currency
Department of the Treasury
- Obligated
- $4,060,948
Award facts
- Opportunity
-
- CC15HQR0009 Solicitation number
- Disability Insurance Award Notice · Posted Mar 3, 2015
- Contract value 100% obligated
- $4,060,947.76 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 524113 Direct Life Insurance Carriers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Oriskany, NY 13424, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$48,436 | |
| Supplemental Agreement for work within scope | $4,367 | |
| Supplemental Agreement for work within scope | $366,133 | |
| Exercise an Option | $383,517 | |
| Supplemental Agreement for work within scope | -$116,544 | |
| Exercise an Option | $780,000 | |
| Exercise an Option | $870,000 | |
| Funding Only Action | $18,000 | |
| Exercise an Option | $760,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $689,000 | |
| Original award | $354,911 |
Show all 12
About this award
This federal contract award is for long-term and short-term disability insurance services for employees of the Office of the Comptroller of the Currency (OCC) and the Office of Financial Research (OFR). The contract was awarded to Metropolitan Life Insurance Company (MetLife), a global insurance and financial services provider, with a ceiling value of $4,060,947.76. The contract is a definitive contract with a firm-fixed-price pricing type, and the performance period extends to February 26, 2021. The contract is not set-aside for small businesses. MetLife, Inc. is the parent company of the prime contractor, MetLife, and both entities have extensive experience providing insurance services to various U.S. government agencies, including the Department of State, Securities and Exchange Commission, and Department of Veterans Affairs.
Quick answers
Who was awarded contract TCC15HQC0005?
TCC15HQC0005 was awarded to Metropolitan Life Insurance Co by Office of the Comptroller of the Currency (Department of the Treasury) on June 8, 2015.
How much is contract TCC15HQC0005 worth?
The government has obligated $4,060,948 on TCC15HQC0005.
Was contract TCC15HQC0005 competed?
The extent of competition for TCC15HQC0005 was full and open competition. The government received 3 offers.
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