Government group life insurance

Ended Awarded

Contract number
19BG3024F0086
Awardee
Awarding agency
Obligated
$13,698

Award facts

Contract value 100% obligated
$13,698.49 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Funding agency
Bureau of South and Central Asian Affairs Department of State
NAICS code
524210 Insurance Agencies and Brokerages
PSC
G006 Social- Government Life Insurance Programs
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Bangladesh

Award details come from SAM.gov/FPDS.

About this award

American Life Insurance Company has been awarded three firm fixed price delivery orders totaling $13,698.49 from the Department of State's Bureau of South and Central Asian Affairs to provide group life insurance premium settlement services for locally employed staff in Bangladesh. The delivery orders were issued against the company's indefinite delivery contract with the U.S. Embassy in Dhaka to administer social and government life insurance programs, valued at over $355,000. No set aside designation was applied to the awards. Through these contracts, American Life Insurance Company facilitates continuity of life insurance coverage for locally employed personnel supporting U.S. diplomatic missions in Bangladesh by settling premium payments on their behalf.

Quick answers

Who was awarded contract 19BG3024F0086?

19BG3024F0086 was awarded to American Life Insurance Company by US Embassy Dhaka (US Consulates and Embassies) on January 22, 2024.

How much is contract 19BG3024F0086 worth?

The government has obligated $13,698 on 19BG3024F0086.

Which agency awarded contract 19BG3024F0086?

US Embassy Dhaka (US Consulates and Embassies) awarded 19BG3024F0086, with funding from Bureau of South and Central Asian Affairs (Department of State).

Is contract 19BG3024F0086 an order under another contract?

Yes. 19BG3024F0086 is a delivery order under 19BG3023D0004, an indefinite delivery contract.

Was contract 19BG3024F0086 competed?

The extent of competition for 19BG3024F0086 was full and open competition. The government received 3 offers.

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