Life insurance services - option year one - task order # 9
Ended Awarded Last action
- Contract number
- 19LE2025F0983
- Awardee
-
Bankers Assurance Sal UEI MNTHMKK5CHG6
- Awarding agency
-
US Embassy Beirut
US Consulates and Embassies, Department of State
- Obligated
- $22,495
Award facts
- Contract value 100% obligated
- $22,494.66 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 | $49 | |
| Original award | $22,446 |
About this award
The U.S. Department of State's Bureau of Near Eastern Affairs awarded a firm fixed-price delivery order valued at $22,494.66 to Bankers Assurance Sal for life insurance services under Option Year One, Task Order #9. The award, issued on September 19, 2025, with an ultimate completion date of November 10, 2025, continues the provision of life insurance coverage for locally employed staff at the U.S. Embassy in Beirut, Lebanon. This delivery order was competitively awarded without set-aside designation, reflecting open market competition based on technical capabilities and pricing.
Bankers Assurance Sal, a Beirut-based insurance organization, holds a single-award Indefinite Delivery Contract with the Bureau of Near Eastern Affairs valued at $1,485,014.50 spanning February 13, 2024, through February 12, 2029, with a base year and four optional one-year extension periods. The current task order represents one of multiple delivery orders issued under this comprehensive IDC vehicle, which is designed to provide continuous life insurance policy issuance and claims administration for the Department of State's foreign national workforce in Lebanon. The vendor has exclusively supported the Bureau of Near Eastern Affairs through consecutive firm fixed-price task orders, each consistently valued between approximately $20,000 and $24,000.
Quick answers
Who was awarded contract 19LE2025F0983?
19LE2025F0983 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on September 19, 2025.
How much is contract 19LE2025F0983 worth?
The government has obligated $22,495 on 19LE2025F0983.
Which agency awarded contract 19LE2025F0983?
US Embassy Beirut (US Consulates and Embassies) awarded 19LE2025F0983, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19LE2025F0983 an order under another contract?
Yes. 19LE2025F0983 is a delivery order under 19LE2024D0002, an indefinite delivery contract.
Was contract 19LE2025F0983 competed?
The extent of competition for 19LE2025F0983 was full and open competition.
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