LES health/life insurance service
Ended Awarded
- Contract number
- 19CH5023F2290
- Awardee
-
AIA Life Insurance Company LIMITED Beijing Branch UEI FFNQYC5NXTV8
- Awarding agency
-
US Embassy Beijing
US Consulates and Embassies, Department of State
- Obligated
- $725,051
Award facts
- Contract value 100% obligated
- $725,051.08 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Bureau of East Asian and Pacific Affairs Department of State
- NAICS code
- 524114 Direct Health and Medical Insurance Carriers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- China
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this award
This federal contract award provides health and life insurance services for U.S. government personnel, particularly Locally Employed Staff (LES), stationed in China. The contract was awarded to AIA Life Insurance Company LIMITED Beijing Branch, a corporate entity registered to receive federal contract awards from the U.S. government. The contract, valued at $725,051.08, is a delivery order issued under an Indefinite Delivery Contract (IDC) held by AIA Life Insurance Company LIMITED Beijing Branch with the U.S. Department of State's Bureau of East Asian and Pacific Affairs. The IDC has a ceiling value of $30 million and an ultimate completion date of July 31, 2029, demonstrating the long-term commitment of the U.S. government to maintaining a robust insurance program for its personnel in China. The contract does not have a set-aside designation, indicating that AIA Life Insurance Company LIMITED Beijing Branch serves as the prime contractor for these insurance services, which are crucial for supporting the Bureau's mission to develop, coordinate, and implement U.S. foreign policy in the East Asia and Pacific region.
Quick answers
Who was awarded contract 19CH5023F2290?
19CH5023F2290 was awarded to AIA Life Insurance Company LIMITED Beijing Branch by US Embassy Beijing (US Consulates and Embassies) on January 19, 2023.
How much is contract 19CH5023F2290 worth?
The government has obligated $725,051 on 19CH5023F2290.
Which agency awarded contract 19CH5023F2290?
US Embassy Beijing (US Consulates and Embassies) awarded 19CH5023F2290, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19CH5023F2290 an order under another contract?
Yes. 19CH5023F2290 is a delivery order under 19CH5019D2000, an indefinite delivery contract.
Was contract 19CH5023F2290 competed?
The extent of competition for 19CH5023F2290 was full and open competition.
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