Caracas - health and life insurance for LE staff
Ended Awarded
- Contract number
- 19C02025F1362
- Awardee
-
Seguros Caracas C.A. UEI LPDBCAAHT1V8
- Awarding agency
-
US Embassy Bogota
US Consulates and Embassies, Department of State
- Obligated
- $1,244,682
Award facts
- Contract value 100% obligated
- $1,244,681.61 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Bureau of Diplomatic Security Department of State
- NAICS code
- 524210 Insurance Agencies and Brokerages
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- Venezuela
Award details come from SAM.gov/FPDS.
About this award
This is a federal contract award for health and life insurance services for locally employed (LE) staff of the U.S. Mission in Caracas, Venezuela. The contract, valued at $1,244,681.61, was awarded to Seguros Caracas C.A., a Venezuelan insurance company, on September 19, 2025. The contract is a delivery order with a fixed price and economic price adjustment pricing type, and has an ultimate completion date of October 9, 2026.
The contract is not set aside for any specific business type. Seguros Caracas C.A. is the prime contractor and there are no identified subcontractors. The contract is funded by the U.S. Department of State, specifically the Bureau of Diplomatic Security, which is a civilian agency responsible for providing security and safety support for U.S. diplomatic personnel and facilities.
This contract is associated with two larger Indefinite Delivery Contracts (IDCs) that Seguros Caracas C.A. has been awarded by the Department of State. The first IDC, valued at $1,000,000.00, is for a "Health & Life Insurance for LE Staff Bridge Contract" in Venezuela, with an ultimate completion date of April 9, 2025. The second IDC, valued at $9,211,614.00, is a more expansive contract for providing health and life insurance coverage for LE staff of the U.S. Mission in Caracas, Venezuela and Colombia, with an ultimate completion date of October 10, 2029.
Quick answers
Who was awarded contract 19C02025F1362?
19C02025F1362 was awarded to Seguros Caracas C.A. by US Embassy Bogota (US Consulates and Embassies) on September 19, 2025.
How much is contract 19C02025F1362 worth?
The government has obligated $1,244,682 on 19C02025F1362.
Which agency awarded contract 19C02025F1362?
US Embassy Bogota (US Consulates and Embassies) awarded 19C02025F1362, with funding from Bureau of Diplomatic Security (Department of State).
Is contract 19C02025F1362 an order under another contract?
Yes. 19C02025F1362 is a delivery order under 19C02024D0005, an indefinite delivery contract.
Was contract 19C02025F1362 competed?
The extent of competition for 19C02025F1362 was full and open competition.
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