Life insurance services -option year one - task order # 2

Ended Awarded

Contract number
19LE2025F0390
Awardee
Awarding agency
Obligated
$23,708

Award facts

Contract value 100% obligated
$23,708.06 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 federal contract award from the U.S. Department of State's Bureau of Near Eastern Affairs to Bankers Assurance Sal, a for-profit insurance organization based in Lebanon. The $23,708.06 firm fixed-price delivery order provides life insurance services, including policy issuance and claims administration, for locally employed staff at the U.S. Embassy in Beirut, Lebanon. This task order is part of a larger five-year, $1,485,014.50 Indefinite Delivery Contract (IDC) awarded to Bankers Assurance Sal for the provision of life insurance services to the Bureau of Near Eastern Affairs. The contract was competitively awarded without any set-aside designations, indicating Bankers Assurance Sal competes openly in the federal marketplace for these specialized insurance services.

Quick answers

Who was awarded contract 19LE2025F0390?

19LE2025F0390 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on March 7, 2025.

How much is contract 19LE2025F0390 worth?

The government has obligated $23,708 on 19LE2025F0390.

Which agency awarded contract 19LE2025F0390?

US Embassy Beirut (US Consulates and Embassies) awarded 19LE2025F0390, with funding from Bureau of Near Eastern Affairs (Department of State).

Is contract 19LE2025F0390 an order under another contract?

Yes. 19LE2025F0390 is a delivery order under 19LE2024D0002, an indefinite delivery contract.

Was contract 19LE2025F0390 competed?

The extent of competition for 19LE2025F0390 was full and open competition.

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