Life insurance
Ended Awarded Last action
- Contract number
- 19PK3324F1417
- Awardee
-
PAK Qatar Family Takaful LIMITED UEI RRMBN2W3VWN4
- Awarding agency
-
US Embassy Islamabad
US Consulates and Embassies, Department of State
- Obligated
- $18,990
Award facts
- Contract value 100% obligated
- $18,990.35 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Bureau of South and Central Asian 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
- Fixed Price with Economic Price Adjustment
- Place of performance
- Pakistan
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $162 | |
| Original award | $18,828 |
About this award
The U.S. Department of State's Bureau of South and Central Asian Affairs awarded a $18,990.35 fixed-price delivery order contract to Pak-Qatar Family Takaful LIMITED, a Pakistan-based provider of Shariah-compliant insurance products and services. The contract is for life insurance services and does not have a set-aside designation, indicating it was competitively awarded. Pak-Qatar Family Takaful LIMITED has received numerous similar delivery orders from the Bureau since 2019, ranging from $15,000 to $6.2 million, to provide health and life insurance coverage for U.S. government personnel, locally employed staff, and private American citizens supporting diplomatic operations in Pakistan. The company holds two single-award indefinite delivery contracts (IDCs) with the Bureau, one for $422,717 in social government life insurance programs and another for $5.3 million in health insurance programs, which will run through October 2024, providing a stable framework for the ongoing delivery of essential insurance services to support U.S. diplomatic efforts in the region.
Quick answers
Who was awarded contract 19PK3324F1417?
19PK3324F1417 was awarded to PAK Qatar Family Takaful LIMITED by US Embassy Islamabad (US Consulates and Embassies) on April 17, 2024.
How much is contract 19PK3324F1417 worth?
The government has obligated $18,990 on 19PK3324F1417.
Which agency awarded contract 19PK3324F1417?
US Embassy Islamabad (US Consulates and Embassies) awarded 19PK3324F1417, with funding from Bureau of South and Central Asian Affairs (Department of State).
Is contract 19PK3324F1417 an order under another contract?
Yes. 19PK3324F1417 is a delivery order under 19PK3319D5953, an indefinite delivery contract.
Was contract 19PK3324F1417 competed?
The extent of competition for 19PK3324F1417 was full and open competition.
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