Life insurance services - base year - task order # 12

Ended Awarded Last action

Contract number
19LE2025F0138
Awardee
Awarding agency
Obligated
$23,249

Award facts

Contract value 100% obligated
$23,248.72 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 is a delivery order awarded by the U.S. Department of State's Bureau of Near Eastern Affairs to Bankers Assurance Sal, a for-profit organization based in Lebanon. The $23,248.72 firm fixed price contract is for life insurance services, including providing life insurance policies and administering claims, for locally employed staff at the U.S. Embassy in Beirut, Lebanon. The delivery order is part of a larger Indefinite Delivery Contract (IDC) awarded to Bankers Assurance Sal on February 13, 2024, valued at $1,485,014.50 over five years, to comprehensively meet the Department of State's life insurance needs for its foreign national workforce stationed in Lebanon. The delivery order does not have a set-aside designation, indicating it was competed in the open market. The contract supports the Department of State's program to provide life insurance coverage and claims administration for its locally employed personnel at the U.S. Embassy in Beirut.

Quick answers

Who was awarded contract 19LE2025F0138?

19LE2025F0138 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on December 15, 2024.

How much is contract 19LE2025F0138 worth?

The government has obligated $23,249 on 19LE2025F0138.

Which agency awarded contract 19LE2025F0138?

US Embassy Beirut (US Consulates and Embassies) awarded 19LE2025F0138, with funding from Bureau of Near Eastern Affairs (Department of State).

Is contract 19LE2025F0138 an order under another contract?

Yes. 19LE2025F0138 is a delivery order under 19LE2024D0002, an indefinite delivery contract.

Was contract 19LE2025F0138 competed?

The extent of competition for 19LE2025F0138 was full and open competition.

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