Life insurance

Ended Awarded Last action

Contract number
19MX5325F0491
Awardee
Awarding agency
Obligated
$101,157

Award facts

Contract value 100% obligated
$101,157.43 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Bureau of Western Hemisphere Affairs Department of State
NAICS code
524113 Direct Life Insurance Carriers
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Mexico

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00002 $51,945
Funding Only Action P00001 $25,325
Original award $23,887

About this award

This federal contract award is for life insurance services provided by Seguros Atlas, a for-profit corporate entity based in Mexico City, to various U.S. government agencies with personnel stationed in Mexico. The contract is a single-award Indefinite Delivery Contract (IDC) titled "MEX-MISSION MEXICO LIFE INSURANCE" with the U.S. Department of State, awarded on March 1, 2021, with a ceiling value of $1,202,342.47 and a performance period through February 28, 2026. This IDC allows the State Department's Bureau of Western Hemisphere Affairs, Bureau of Consular Affairs, Bureau of International Narcotics Law Enforcement, and the U.S. Embassy in Mexico, as well as the U.S. Department of Agriculture's Animal and Plant Health Inspection Service (APHIS), to issue fixed-price delivery orders for life and group insurance coverage. The latest delivery order has a ceiling value of $101,157.43 and is set to expire on February 28, 2026. This contract was awarded on the open market without any small business set-aside designation, indicating Seguros Atlas's ability to compete effectively against other insurance providers.

Quick answers

Who was awarded contract 19MX5325F0491?

19MX5325F0491 was awarded to Seguros Atlas by US Embassy Mexico (US Consulates and Embassies) on March 1, 2025.

How much is contract 19MX5325F0491 worth?

The government has obligated $101,157 on 19MX5325F0491.

Which agency awarded contract 19MX5325F0491?

US Embassy Mexico (US Consulates and Embassies) awarded 19MX5325F0491, with funding from Bureau of Western Hemisphere Affairs (Department of State).

Is contract 19MX5325F0491 an order under another contract?

Yes. 19MX5325F0491 is a delivery order under 19MX5321D0005, an indefinite delivery contract.

Was contract 19MX5325F0491 competed?

The extent of competition for 19MX5325F0491 was full and open competition.

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