Life insurance services - option year two - task order # 6

Ended Awarded Last action

Contract number
19LE2026F0551
Awardee
Awarding agency
Obligated
$22,879

Award facts

Contract value 100% obligated
$22,879.16 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 P00003 $301
Funding Only Action P00002 -$301
Funding Only Action P00001 $34
Original award $22,845

About this award

The Bureau of Near Eastern Affairs issued a $22,879.16 delivery order to Bankers Assurance Sal on July 9, 2026, for life insurance services under an Indefinite Delivery Contract (IDC 19LE2024D0002) with an ultimate completion date of July 13, 2026.

The parent IDC, valued at $1,485,014.50 and running through February 12, 2029, supports life insurance policy issuance and claims administration for locally employed staff at the U.S. Embassy in Beirut, Lebanon. This is the sixth task order issued in Option Year Two under the contract, which was awarded on a lowest-priced technically acceptable basis with a base year plus four optional one-year extensions. Place of performance is Lebanon, with administrative oversight and policy administration by the vendor. The order is firm fixed price with no set-aside applied.

Quick answers

Who was awarded contract 19LE2026F0551?

19LE2026F0551 was awarded to Bankers Assurance Sal by US Embassy Beirut (US Consulates and Embassies) on July 9, 2026.

How much is contract 19LE2026F0551 worth?

The government has obligated $22,879 on 19LE2026F0551.

Which agency awarded contract 19LE2026F0551?

US Embassy Beirut (US Consulates and Embassies) awarded 19LE2026F0551, with funding from Bureau of Near Eastern Affairs (Department of State).

Is contract 19LE2026F0551 an order under another contract?

Yes. 19LE2026F0551 is a delivery order under 19LE2024D0002, an indefinite delivery contract.

Was contract 19LE2026F0551 competed?

The extent of competition for 19LE2026F0551 was full and open competition.

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