Life insurance services - option year two - task order # 2
Ended Awarded Last action
- Contract number
- 19LE2026F0317
- Awardee
-
Bankers Assurance Sal UEI MNTHMKK5CHG6
- Awarding agency
-
US Embassy Beirut
US Consulates and Embassies, Department of State
- Obligated
- $22,886
Award facts
- Contract value 100% obligated
- $22,886.28 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 | -$33 | |
| Original award | $22,919 |
About this award
The U.S. Department of State's Bureau of Near Eastern Affairs awarded a $22,886.28 firm fixed-price delivery order for life insurance services to Bankers Assurance Sal, a Beirut-based insurance provider. This task order represents the second option year delivery under an underlying Indefinite Delivery Contract valued at $1.49M with a performance period extending through February 2029. The award, issued without set-aside designation on March 5, 2026, with an ultimate completion date of April 4, 2026, continues the provision of life insurance policy issuance and claims administration services for locally employed staff at the U.S. Embassy in Beirut, Lebanon.
Bankers Assurance Sal has served as the exclusive provider of life insurance services to the Bureau of Near Eastern Affairs since the IDC was established in February 2024, with 26 task orders issued through the base year and option year one periods as of December 2025. The vendor, registered in the System for Award Management since January 2019, specializes in supporting the Department of State's diplomatic operations by delivering comprehensive insurance coverage for the foreign national workforce stationed in Lebanon. Individual delivery orders have consistently maintained ceiling values within the $20,000–$24,000 range, reflecting the predictable and recurring nature of ongoing insurance administration requirements for embassy personnel.
Quick answers
Who was awarded contract 19LE2026F0317?
19LE2026F0317 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on March 5, 2026.
How much is contract 19LE2026F0317 worth?
The government has obligated $22,886 on 19LE2026F0317.
Which agency awarded contract 19LE2026F0317?
US Embassy Beirut (US Consulates and Embassies) awarded 19LE2026F0317, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19LE2026F0317 an order under another contract?
Yes. 19LE2026F0317 is a delivery order under 19LE2024D0002, an indefinite delivery contract.
Was contract 19LE2026F0317 competed?
The extent of competition for 19LE2026F0317 was full and open competition.
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