Life insurance services - option year one - task order # 8
Ended Awarded Last action
- Contract number
- 19LE2025F0906
- Awardee
-
Bankers Assurance Sal UEI MNTHMKK5CHG6
- Awarding agency
-
US Embassy Beirut
US Consulates and Embassies, Department of State
- Obligated
- $22,446
Award facts
- Contract value 100% obligated
- $22,445.50 Current and potential, with all options
- Completion date
- 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 | $64 | |
| Original award | $22,381 |
About this award
The U.S. Department of State's Bureau of Near Eastern Affairs awarded a firm fixed-price delivery order valued at $22,445.50 to Bankers Assurance Sal for life insurance services under Task Order #8, with an ultimate completion date of August 22, 2025. This delivery order represents one task order issued under a larger Indefinite Delivery Contract (IDC) valued at $1.49 million and spanning February 2024 through February 2029. Bankers Assurance Sal, a Beirut-based insurance provider registered in the System for Award Management since January 2019, was competitively selected without set-aside designation. The vendor specializes in providing life insurance coverage and claims administration for locally employed staff at the U.S. Embassy in Beirut, Lebanon.
The contract services focus on issuing and administering life insurance policies for foreign national employees serving at the embassy, supporting the Department of State's mission operations in Lebanon. Individual task orders under the IDC have ranged from approximately $20,000 to $24,000, maintaining consistent scope and pricing structures. This award represents the continuation of an established vendor relationship, with Bankers Assurance Sal demonstrating proven capability in delivering specialized insurance services to the federal government's international diplomatic workforce.
Quick answers
Who was awarded contract 19LE2025F0906?
19LE2025F0906 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on August 24, 2025.
How much is contract 19LE2025F0906 worth?
The government has obligated $22,446 on 19LE2025F0906.
Which agency awarded contract 19LE2025F0906?
US Embassy Beirut (US Consulates and Embassies) awarded 19LE2025F0906, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19LE2025F0906 an order under another contract?
Yes. 19LE2025F0906 is a delivery order under 19LE2024D0002, an indefinite delivery contract.
Was contract 19LE2025F0906 competed?
The extent of competition for 19LE2025F0906 was full and open competition.
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