Life insurance services - base year - task order # 4

Ended Awarded Last action

Contract number
19LE2024F0644
Awardee
Awarding agency
Obligated
$22,323

Award facts

Contract value 100% obligated
$22,322.90 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Bureau of Near Eastern Affairs Department of State
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Lebanon

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00001 $451
Original award $21,872

About this award

The Department of State Bureau of Near Eastern Affairs awarded Bankers Assurance Sal, a foreign-owned, for-profit organization based in Lebanon, a series of firm-fixed price delivery orders for life insurance services for locally employed staff at the U.S. Embassy in Beirut, Lebanon. The delivery orders, valued between approximately $20,000 and $22,323 each, cover one-year base periods extending into 2024. Bankers Assurance Sal also holds a five-year, $1,485,014.50 Indefinite Delivery Contract with the Bureau to provide comprehensive life insurance coverage and claims administration for the Department's foreign national workforce in Lebanon through February 2029. These awards were not set aside for any specific business category.

Quick answers

Who was awarded contract 19LE2024F0644?

19LE2024F0644 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on May 2, 2024.

How much is contract 19LE2024F0644 worth?

The government has obligated $22,323 on 19LE2024F0644.

Which agency awarded contract 19LE2024F0644?

US Embassy Beirut (US Consulates and Embassies) awarded 19LE2024F0644, with funding from Bureau of Near Eastern Affairs (Department of State).

Is contract 19LE2024F0644 an order under another contract?

Yes. 19LE2024F0644 is a delivery order under 19LE2024D0002, an indefinite delivery contract.

Was contract 19LE2024F0644 competed?

The extent of competition for 19LE2024F0644 was full and open competition.

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