Life insurance services - option year one - task order #12

Ended Awarded

Contract number
19LE2026F0112
Awardee
Awarding agency
Obligated
$45,446

Award facts

Contract value 100% obligated
$45,445.50 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
Modification $22,768
Other Administrative Action P00001 $22,678

About this award

This delivery order award represents Task Order #12 under Option Year One of an Indefinite Delivery Contract between the U.S. Department of State's Bureau of Near Eastern Affairs and Bankers Assurance Sal, a Beirut-based insurance provider. The task order, valued at $45,445.50 on a firm fixed-price basis, was awarded without set-aside designation on December 22, 2025, with an ultimate completion date of January 5, 2026. The contract calls for life insurance services, specifically policy issuance and claims administration services for locally employed staff at the U.S. Embassy in Beirut, Lebanon, supporting the Department of State's foreign national diplomatic workforce in the region.

This award is issued under the parent IDC valued at $1.49 million, which runs through February 12, 2029, and was awarded on a lowest-priced technically acceptable basis. Bankers Assurance Sal has established itself as the sole provider of life insurance services to the Bureau of Near Eastern Affairs through a series of competitively awarded delivery orders, with this task order representing one of 26 delivery orders issued to date under the contract vehicle. The contractor's consistent performance in administering insurance coverage for embassy personnel has resulted in sustained contract activity, with individual task orders typically valued between $20,000 and $45,000, reflecting the predictable and recurring nature of the insurance administration services required.

Quick answers

Who was awarded contract 19LE2026F0112?

19LE2026F0112 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on December 22, 2025.

How much is contract 19LE2026F0112 worth?

The government has obligated $45,446 on 19LE2026F0112.

Which agency awarded contract 19LE2026F0112?

US Embassy Beirut (US Consulates and Embassies) awarded 19LE2026F0112, with funding from Bureau of Near Eastern Affairs (Department of State).

Is contract 19LE2026F0112 an order under another contract?

Yes. 19LE2026F0112 is a delivery order under 19LE2024D0002, an indefinite delivery contract.

Was contract 19LE2026F0112 competed?

The extent of competition for 19LE2026F0112 was full and open competition.

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