Life insurance services - option year one - task order #10

Ended Awarded Last action

Contract number
19LE2026F0018
Awardee
Awarding agency
Obligated
$22,529

Award facts

Contract value 100% obligated
$22,529.02 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
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 P00001 $0
Original award $22,529

About this award

The U.S. Department of State's Bureau of Near Eastern Affairs awarded a $22,529.02 firm fixed-price delivery order for life insurance services to Bankers Assurance Sal, a Beirut-based insurance provider. This task order, effective through November 28, 2025, represents the option year one renewal under a larger Indefinite Delivery Contract valued at $1.49 million spanning February 2024 through February 2029. The award was made without set-aside designation, indicating competitive selection in the open federal marketplace. Bankers Assurance Sal will continue providing life insurance policy administration and claims management services for locally employed staff at the U.S. Embassy in Beirut, Lebanon.

The delivery order is part of the Department of State's ongoing effort to maintain continuous insurance coverage for its foreign national workforce in the Near East region. Bankers Assurance Sal has exclusively serviced the Bureau of Near Eastern Affairs' life insurance requirements since the IDC's establishment, with multiple task orders consistently awarded at similar price points. The firm's demonstrated expertise in managing insurance policies and claims for embassy personnel, combined with competitive pricing and technical capabilities, has established it as the primary vendor for this critical employee benefit service supporting U.S. diplomatic operations in Lebanon.

Quick answers

Who was awarded contract 19LE2026F0018?

19LE2026F0018 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on November 18, 2025.

How much is contract 19LE2026F0018 worth?

The government has obligated $22,529 on 19LE2026F0018.

Which agency awarded contract 19LE2026F0018?

US Embassy Beirut (US Consulates and Embassies) awarded 19LE2026F0018, with funding from Bureau of Near Eastern Affairs (Department of State).

Is contract 19LE2026F0018 an order under another contract?

Yes. 19LE2026F0018 is a delivery order under 19LE2024D0002, an indefinite delivery contract.

Was contract 19LE2026F0018 competed?

The extent of competition for 19LE2026F0018 was full and open competition.

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