Life insurance services - option year one - task order # 7
Ended Awarded Last action
- Contract number
- 19LE2025F0774
- Awardee
-
Bankers Assurance Sal UEI MNTHMKK5CHG6
- Awarding agency
-
US Embassy Beirut
US Consulates and Embassies, Department of State
- Obligated
- $22,381
Award facts
- Contract value 100% obligated
- $22,381.36 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$1,209 | |
| Original award | $23,590 |
About this award
This federal contract award is for life insurance services provided by Bankers Assurance Sal, a for-profit insurance organization based in Beirut, Lebanon, to the U.S. Department of State's Bureau of Near Eastern Affairs. The $22,381.36 Firm Fixed Price Delivery Order is for the first option year of a single-award Indefinite Delivery Contract valued at $1,485,014.50, which spans from February 13, 2024, through February 12, 2029. The contract was awarded competitively without any set-aside designations and involves the issuance of life insurance policies and claims administration for locally employed staff at the U.S. Embassy in Beirut. This contract structure allows for continuous insurance coverage and provides the Department of State with a dedicated provider for these critical personnel support services.
Quick answers
Who was awarded contract 19LE2025F0774?
19LE2025F0774 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on July 22, 2025.
How much is contract 19LE2025F0774 worth?
The government has obligated $22,381 on 19LE2025F0774.
Which agency awarded contract 19LE2025F0774?
US Embassy Beirut (US Consulates and Embassies) awarded 19LE2025F0774, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19LE2025F0774 an order under another contract?
Yes. 19LE2025F0774 is a delivery order under 19LE2024D0002, an indefinite delivery contract.
Was contract 19LE2025F0774 competed?
The extent of competition for 19LE2025F0774 was full and open competition.
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