Life insurance services - base year - task order # 11

Ended Awarded Last action

Contract number
19LE2025F0077
Awardee
Awarding agency
Obligated
$22,926

Award facts

Contract value 100% obligated
$22,926.26 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
PSC
G006 Social- Government Life Insurance Programs
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 firm-fixed-price delivery order was awarded to Bankers Assurance Sal, a foreign-owned for-profit organization based in Lebanon, to provide life insurance services to the U.S. Department of State's Bureau of Near Eastern Affairs for locally employed staff at the U.S. Embassy in Beirut, Lebanon. The delivery order, valued at $22,926.26, is part of a larger single-award Indefinite Delivery Contract (IDC) valued at $1,485,014.50 awarded to Bankers Assurance Sal on February 13, 2024, with a five-year period of performance. The IDC was designed to comprehensively meet the Department of State's life insurance needs for its foreign national workforce stationed in Lebanon. This delivery order does not have a set-aside designation, indicating that Bankers Assurance Sal competes in an open market for these contracts.

Quick answers

Who was awarded contract 19LE2025F0077?

19LE2025F0077 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on November 17, 2024.

How much is contract 19LE2025F0077 worth?

The government has obligated $22,926 on 19LE2025F0077.

Which agency awarded contract 19LE2025F0077?

US Embassy Beirut (US Consulates and Embassies) awarded 19LE2025F0077, with funding from Bureau of Near Eastern Affairs (Department of State).

Is contract 19LE2025F0077 an order under another contract?

Yes. 19LE2025F0077 is a delivery order under 19LE2024D0002, an indefinite delivery contract.

Was contract 19LE2025F0077 competed?

The extent of competition for 19LE2025F0077 was full and open competition.

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