Life insurance services - base year - task order # 6
Ended Awarded
- Contract number
- 19LE2024F0864
- Awardee
-
Bankers Assurance Sal UEI MNTHMKK5CHG6
- Awarding agency
-
US Embassy Beirut
US Consulates and Embassies, Department of State
- Obligated
- $22,374
Award facts
- Contract value 100% obligated
- $22,373.84 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
- NAICS code
- 524210 Insurance Agencies and Brokerages
- 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.
About this award
This is a delivery order for $22,373.84 awarded by the Department of State's Bureau of Near Eastern Affairs to Bankers Assurance Sal, a foreign-owned, for-profit company based in Lebanon. The delivery order is for life insurance services for locally employed staff at the U.S. Embassy in Beirut, Lebanon. It is a one-year base period contract with a performance period extending to June 2024. The delivery order was issued under a larger Indefinite Delivery Contract (IDC) awarded to Bankers Assurance Sal in February 2024 to provide ongoing life insurance coverage and claims administration for locally employed staff at the U.S. Embassy in Beirut over a five-year period of performance. The original IDC solicitation sought proposals for a base year plus four one-year option periods, with a total potential value of $1,485,014.50. This delivery order did not have a set-aside designation.
Quick answers
Who was awarded contract 19LE2024F0864?
19LE2024F0864 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on June 27, 2024.
How much is contract 19LE2024F0864 worth?
The government has obligated $22,374 on 19LE2024F0864.
Which agency awarded contract 19LE2024F0864?
US Embassy Beirut (US Consulates and Embassies) awarded 19LE2024F0864, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19LE2024F0864 an order under another contract?
Yes. 19LE2024F0864 is a delivery order under 19LE2024D0002, an indefinite delivery contract.
Was contract 19LE2024F0864 competed?
The extent of competition for 19LE2024F0864 was full and open competition.
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