Life insurance services - base year - task order # 8
Ended Awarded
- Contract number
- 19LE2024F1153
- Awardee
-
Bankers Assurance Sal UEI MNTHMKK5CHG6
- Awarding agency
-
US Embassy Beirut
US Consulates and Embassies, Department of State
- Obligated
- $22,871
Award facts
- Contract value 100% obligated
- $22,870.92 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 federal contract award is for life insurance services provided by Bankers Assurance Sal, a foreign-owned, for-profit organization based in Lebanon, to the U.S. Department of State's Bureau of Near Eastern Affairs. The delivery order, valued at $22,870.92, is for a one-year base period of performance providing life insurance coverage and claims administration services for locally employed staff at the U.S. Embassy in Beirut, Lebanon. This delivery order is part of a larger Indefinite Delivery Contract (IDC) awarded to Bankers Assurance Sal on February 13, 2024, with a ceiling value of $1,485,014.50 and a period of performance through February 12, 2029. The IDC provides a comprehensive solution for the Department of State's life insurance needs for its foreign national workforce in Lebanon over a five-year period. This contract award was not set aside for any particular business type.
Quick answers
Who was awarded contract 19LE2024F1153?
19LE2024F1153 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on August 22, 2024.
How much is contract 19LE2024F1153 worth?
The government has obligated $22,871 on 19LE2024F1153.
Which agency awarded contract 19LE2024F1153?
US Embassy Beirut (US Consulates and Embassies) awarded 19LE2024F1153, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19LE2024F1153 an order under another contract?
Yes. 19LE2024F1153 is a delivery order under 19LE2024D0002, an indefinite delivery contract.
Was contract 19LE2024F1153 competed?
The extent of competition for 19LE2024F1153 was full and open competition.
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