Health & life insurance december 1 - december 31 2024 OPY1

Ended Awarded

Contract number
19PM0725F0058
Awardee
Awarding agency
Obligated
$95,811

Award facts

Contract value 100% obligated
$95,810.51 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Funding agency
Bureau of Western Hemisphere Affairs Department of State
NAICS code
524114 Direct Health and Medical Insurance Carriers
PSC
G009 Social- Non-Government Insurance Programs
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Panama

Award details come from SAM.gov/FPDS.

About this award

This federal contract award is for health and life insurance coverage for U.S. government personnel in Panama. The prime contractor is Aseguradora Ancon, S.A., a for-profit insurance company based in Panama. The contract was awarded by the Department of State's Bureau of Western Hemisphere Affairs, a civilian agency, and has a ceiling value of $95,810.51. This is a delivery order contract with a fixed price plus economic price adjustment pricing type, with a period of performance from December 1, 2024 to November 30, 2025. The contract is not designated as a set-aside. Aseguradora Ancon has an Indefinite Delivery Vehicle (IDV) contract with the Bureau of Western Hemisphere Affairs, valued at $4,689,709.20, which provides comprehensive health and life insurance services for approximately 210 local U.S. Embassy staff in Panama over a base year and four option years. This latest award is one of several delivery orders issued against the IDV, supporting the Department of State's diplomatic activities and personnel in Panama.

Quick answers

Who was awarded contract 19PM0725F0058?

19PM0725F0058 was awarded to Aseguradora Ancon, S.A. by US Embassy Panama City (US Consulates and Embassies) on November 29, 2024.

How much is contract 19PM0725F0058 worth?

The government has obligated $95,811 on 19PM0725F0058.

Which agency awarded contract 19PM0725F0058?

US Embassy Panama City (US Consulates and Embassies) awarded 19PM0725F0058, with funding from Bureau of Western Hemisphere Affairs (Department of State).

Is contract 19PM0725F0058 an order under another contract?

Yes. 19PM0725F0058 is a delivery order under 19PM0724D0001, an indefinite delivery contract.

Was contract 19PM0725F0058 competed?

The extent of competition for 19PM0725F0058 was full and open competition.

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