Life insurance services - option year one - task order # 5
Ended Awarded
- Contract number
- 19LE2025F0607
- Awardee
-
Bankers Assurance Sal UEI MNTHMKK5CHG6
- Awarding agency
-
US Embassy Beirut
US Consulates and Embassies, Department of State
- Obligated
- $23,613
Award facts
- Contract value 100% obligated
- $23,613.44 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
The U.S. Department of State's Bureau of Near Eastern Affairs awarded a firm fixed-price delivery order contract to Bankers Assurance Sal, a for-profit insurance organization based in Beirut, Lebanon. The contract, valued at $23,613.44, is for the provision of life insurance services to locally employed staff at the U.S. Embassy in Beirut. This delivery order is part of a larger single-award Indefinite Delivery Contract (IDC) with Bankers Assurance Sal, valued at $1,485,014.50 and spanning from February 13, 2024, through February 12, 2029. The IDC was awarded as a lowest-priced technically acceptable offer and does not have a set-aside designation, indicating the contract was competitively awarded. Through this contract, Bankers Assurance Sal provides comprehensive life insurance policy issuance and claims administration services to support the Department of State's foreign national workforce in Lebanon.
Quick answers
Who was awarded contract 19LE2025F0607?
19LE2025F0607 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on May 23, 2025.
How much is contract 19LE2025F0607 worth?
The government has obligated $23,613 on 19LE2025F0607.
Which agency awarded contract 19LE2025F0607?
US Embassy Beirut (US Consulates and Embassies) awarded 19LE2025F0607, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19LE2025F0607 an order under another contract?
Yes. 19LE2025F0607 is a delivery order under 19LE2024D0002, an indefinite delivery contract.
Was contract 19LE2025F0607 competed?
The extent of competition for 19LE2025F0607 was full and open competition.
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