Health & life insurance may 1 - may 31 2025 OPY1

Ended Awarded

Contract number
19PM0725F0175
Awardee
Awarding agency
Obligated
$94,075

Award facts

Contract value 100% obligated
$94,074.62 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 the period of May 1 to May 31, 2025, with an option year, for U.S. government personnel stationed in Panama. The contract was awarded to Aseguradora Ancon, S.A., a for-profit insurance company based in Panama, by the U.S. Department of State's Bureau of Western Hemisphere Affairs. The contract has a ceiling value of $94,074.62 and is a delivery order under a larger Indefinite Delivery Vehicle (IDV) contract valued at $4,689,709.20, which covers health and life insurance for local U.S. Embassy personnel in Panama from December 2023 through November 2028. This contract was awarded on a competitive, non-set-aside basis, indicating Aseguradora Ancon, S.A. successfully competed for the opportunity based on merit. The contract supports the Department of State's diplomatic operations in Panama by providing consistent, reliable insurance services for embassy employees in the region.

Quick answers

Who was awarded contract 19PM0725F0175?

19PM0725F0175 was awarded to Aseguradora Ancon, S.A. by US Embassy Panama City (US Consulates and Embassies) on April 29, 2025.

How much is contract 19PM0725F0175 worth?

The government has obligated $94,075 on 19PM0725F0175.

Which agency awarded contract 19PM0725F0175?

US Embassy Panama City (US Consulates and Embassies) awarded 19PM0725F0175, with funding from Bureau of Western Hemisphere Affairs (Department of State).

Is contract 19PM0725F0175 an order under another contract?

Yes. 19PM0725F0175 is a delivery order under 19PM0724D0001, an indefinite delivery contract.

Was contract 19PM0725F0175 competed?

The extent of competition for 19PM0725F0175 was full and open competition.

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