Life insurance services - option year one - task order # 4
Ended Awarded
- Contract number
- 19LE2025F0559
- Awardee
-
Bankers Assurance Sal UEI MNTHMKK5CHG6
- Awarding agency
-
US Embassy Beirut
US Consulates and Embassies, Department of State
- Obligated
- $23,662
Award facts
- Contract value 100% obligated
- $23,661.94 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 is a firm fixed-price delivery order awarded by the U.S. Department of State's Bureau of Near Eastern Affairs to Bankers Assurance Sal, a for-profit insurance organization based in Beirut, Lebanon. The $23,661.94 contract provides life insurance services as part of a larger $1,485,014.50 single-award Indefinite Delivery Contract spanning February 2024 through February 2029. The contract was awarded competitively without any set-aside designation, indicating Bankers Assurance Sal competes openly in the federal marketplace for these specialized insurance services. The delivery order is the fourth task order issued under the Indefinite Delivery Contract, which is structured with a base year and four optional one-year extension periods to provide continuous life insurance coverage for the Department of State's locally employed staff at the U.S. Embassy in Beirut, Lebanon.
Quick answers
Who was awarded contract 19LE2025F0559?
19LE2025F0559 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on May 2, 2025.
How much is contract 19LE2025F0559 worth?
The government has obligated $23,662 on 19LE2025F0559.
Which agency awarded contract 19LE2025F0559?
US Embassy Beirut (US Consulates and Embassies) awarded 19LE2025F0559, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19LE2025F0559 an order under another contract?
Yes. 19LE2025F0559 is a delivery order under 19LE2024D0002, an indefinite delivery contract.
Was contract 19LE2025F0559 competed?
The extent of competition for 19LE2025F0559 was full and open competition.
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