Life insurance services - option year one - task order #11
Ended Awarded Last action
- Contract number
- 19LE2026F0037
- Awardee
-
Bankers Assurance Sal UEI MNTHMKK5CHG6
- Awarding agency
-
US Embassy Beirut
US Consulates and Embassies, Department of State
- Obligated
- $22,848
Award facts
- Contract value 100% obligated
- $22,848.44 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $239 | |
| Original award | $22,610 |
About this award
The U.S. Department of State's Bureau of Near Eastern Affairs awarded Task Order #11 to Bankers Assurance Sal for life insurance services under an existing Indefinite Delivery Contract valued at $1.49M spanning February 2024 through February 2029. This delivery order, issued on November 18, 2025, carries a ceiling value of $22,848.44 with an ultimate completion date of November 25, 2025, and represents the option year one continuation of services. The contract was competitively awarded as a firm fixed-price delivery order with no set-aside designation, indicating open competition among qualified vendors. Bankers Assurance Sal, a Beirut-based insurance organization registered in the System for Award Management since January 2019, will perform the work at the U.S. Embassy in Lebanon.
Under this task order, Bankers Assurance Sal will provide life insurance policy issuance and claims administration services for locally employed staff at the diplomatic mission in Lebanon. The company has demonstrated consistent expertise in managing life insurance coverage for foreign national personnel supporting U.S. diplomatic operations in the region. This task order follows the established pattern of previous awards under the overarching IDC, with individual delivery orders maintaining consistent scope and pricing within the $20,000-$24,000 range, reflecting the predictable nature of insurance administration for the embassy's locally employed workforce.
Quick answers
Who was awarded contract 19LE2026F0037?
19LE2026F0037 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on November 18, 2025.
How much is contract 19LE2026F0037 worth?
The government has obligated $22,848 on 19LE2026F0037.
Which agency awarded contract 19LE2026F0037?
US Embassy Beirut (US Consulates and Embassies) awarded 19LE2026F0037, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19LE2026F0037 an order under another contract?
Yes. 19LE2026F0037 is a delivery order under 19LE2024D0002, an indefinite delivery contract.
Was contract 19LE2026F0037 competed?
The extent of competition for 19LE2026F0037 was full and open competition.
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