For critical functions. 24-hour personal accident insurance (24-HR PAI) and business travel accident (BTA) insurance

Ended Definitive Contract Awarded Last action

Contract number
TCC15HQC0020
Awardee
Awarding agency
Obligated
$211,460

Award facts

Opportunity
Contract value 100% obligated
$211,460.00 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 · 2 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
Supplemental Agreement for work within scope 6 $21,146
Exercise an Option 5 · 24-hour personal accident insurance (24-HR PAI) and business travel accident (BTA) insurance. Option year 4 $42,292
Exercise an Option 4 $42,292
Exercise an Option 3 $42,292
Supplemental Agreement for work within scope 2 $0
Exercise an Option 1 $42,292
Original award $21,146

About this award

This is a definitive contract awarded by the Office of the Comptroller of the Currency (OCC), a civilian federal agency, to Metropolitan Life Insurance Co. (MetLife) with a ceiling value of $211,460.00. The contract is for critical functions, providing 24-hour personal accident insurance (24-HR PAI) and business travel accident (BTA) insurance. This is a firm-fixed-price contract with no set-aside designation. MetLife, a global insurance and financial services provider, has established a significant presence in the U.S. federal government contracting arena, delivering a range of insurance products and services to various civilian agencies. The contract has an ultimate completion date of June 30, 2020, and was awarded on July 1, 2015, as part of the agency's Accident Insurance Program.

Quick answers

Who was awarded contract TCC15HQC0020?

TCC15HQC0020 was awarded to Metropolitan Life Insurance Co by Office of the Comptroller of the Currency (Department of the Treasury) on July 1, 2015.

How much is contract TCC15HQC0020 worth?

The government has obligated $211,460 on TCC15HQC0020.

Was contract TCC15HQC0020 competed?

The extent of competition for TCC15HQC0020 was full and open competition. The government received 2 offers.

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