LES group life insurance

Ended Awarded Last action

Contract number
19N10224F0409
Awardee
Awarding agency
Obligated
$623,002

Award facts

Contract value 100% obligated
$623,001.78 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Bureau of African Affairs Department of State
NAICS code
524113 Direct Life Insurance Carriers
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Nigeria
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00001 $34,446
Original award $588,556

About this award

This is a firm fixed-price delivery order awarded by the U.S. Department of State's Bureau of African Affairs to Oracle Insurance Brokers LIMITED, a for-profit limited liability company, for group life insurance services in Nigeria. The contract, valued at $623,001.78, has an ultimate completion date of May 31, 2025. Oracle Insurance Brokers LIMITED holds a multiple-award indefinite delivery contract (IDV) with the Bureau of African Affairs, valued at $2,291,072.51 and running through August 2024, which serves as an umbrella contract for the efficient procurement of group life insurance services for U.S. government personnel in Nigeria. This order is not set aside and was competed openly. Oracle Insurance Brokers LIMITED has been the sole provider of group life insurance services to the Bureau of African Affairs under this IDV, with a cumulative value of over $1.2 million in delivered contracts between August 2022 and August 2025.

Quick answers

Who was awarded contract 19N10224F0409?

19N10224F0409 was awarded to Oracle Insurance Brokers LIMITED by US Embassy Abuja (US Consulates and Embassies) on August 9, 2024.

How much is contract 19N10224F0409 worth?

The government has obligated $623,002 on 19N10224F0409.

Which agency awarded contract 19N10224F0409?

US Embassy Abuja (US Consulates and Embassies) awarded 19N10224F0409, with funding from Bureau of African Affairs (Department of State).

Is contract 19N10224F0409 an order under another contract?

Yes. 19N10224F0409 is a delivery order under 19N10222D0002, an indefinite delivery contract.

Was contract 19N10224F0409 competed?

The extent of competition for 19N10224F0409 was full and open competition. The government received 3 offers.

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