Health & life insurance february 1 - february 28 2025 OPY1
Ended Awarded
- Contract number
- 19PM0725F0111
- Awardee
-
Aseguradora Ancon, S.A. UEI DR4NH9JQR8N7
- Awarding agency
-
US Embassy Panama City
US Consulates and Embassies, Department of State
- Obligated
- $94,937
Award facts
- Contract value 100% obligated
- $94,936.74 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
- 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 is a delivery order contract awarded by the U.S. Department of State's Bureau of Western Hemisphere Affairs to Aseguradora Ancon, S.A., a for-profit insurance provider based in Panama. The contract is for the provision of health and life insurance coverage for the period of February 1 to February 28, 2025, with an option year extending the contract through November 30, 2025. The contract has a ceiling value of $94,936.74 and is structured as a fixed-price with economic price adjustment. The contract does not have a set-aside designation, indicating that Aseguradora Ancon, S.A. competed openly for this opportunity.
Aseguradora Ancon, S.A. has a long-standing history of providing insurance services to the U.S. government, particularly the Department of State, to support diplomatic operations in Panama. The company currently holds a larger 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 coverage for approximately 210 local U.S. Embassy employees in Panama over a five-year period.
Quick answers
Who was awarded contract 19PM0725F0111?
19PM0725F0111 was awarded to Aseguradora Ancon, S.A. by US Embassy Panama City (US Consulates and Embassies) on February 1, 2025.
How much is contract 19PM0725F0111 worth?
The government has obligated $94,937 on 19PM0725F0111.
Which agency awarded contract 19PM0725F0111?
US Embassy Panama City (US Consulates and Embassies) awarded 19PM0725F0111, with funding from Bureau of Western Hemisphere Affairs (Department of State).
Is contract 19PM0725F0111 an order under another contract?
Yes. 19PM0725F0111 is a delivery order under 19PM0724D0001, an indefinite delivery contract.
Was contract 19PM0725F0111 competed?
The extent of competition for 19PM0725F0111 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award