Life insurance services - option year one - task order # 3

Ended Awarded

Contract number
19LE2025F0476
Awardee
Awarding agency
Obligated
$23,695

Award facts

Contract value 100% obligated
$23,694.88 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 issued by 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 $23,694.88 task order provides life insurance services for the locally employed staff at the U.S. Embassy in Beirut, Lebanon. It is the third task order issued under an Indefinite Delivery Contract (IDC) valued at $1,485,014.50 over five years, which serves as the primary vehicle for the Department of State to obtain life insurance coverage for its foreign national workforce in Lebanon. 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 19LE2025F0476?

19LE2025F0476 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on March 27, 2025.

How much is contract 19LE2025F0476 worth?

The government has obligated $23,695 on 19LE2025F0476.

Which agency awarded contract 19LE2025F0476?

US Embassy Beirut (US Consulates and Embassies) awarded 19LE2025F0476, with funding from Bureau of Near Eastern Affairs (Department of State).

Is contract 19LE2025F0476 an order under another contract?

Yes. 19LE2025F0476 is a delivery order under 19LE2024D0002, an indefinite delivery contract.

Was contract 19LE2025F0476 competed?

The extent of competition for 19LE2025F0476 was full and open competition.

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