Health & life insurance september 1 - september 30 2025 OPY1
Ended Awarded
- Contract number
- 19PM0725F0256
- Awardee
-
Aseguradora Ancon, S.A. UEI DR4NH9JQR8N7
- Awarding agency
-
US Embassy Panama City
US Consulates and Embassies, Department of State
- Obligated
- $93,400
Award facts
- Contract value 100% obligated
- $93,399.68 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
The U.S. Department of State, Bureau of Western Hemisphere Affairs, awarded a Fixed Price with Economic Price Adjustment contract to Aseguradora Ancon, S.A., a for-profit insurance company based in Panama. The contract, valued at $93,399.68, is for health and life insurance coverage for approximately 210 local U.S. Embassy employees in Panama from September 1, 2025 to September 30, 2025, with a potential completion date of November 30, 2025. This contract is not set-aside and is part of a larger Indefinite Delivery Vehicle (IDV) contract valued at $4,689,709.20 that provides ongoing health and life insurance coverage for U.S. Embassy personnel in Panama from December 2023 through November 2028. The IDV contract includes a base year and four one-year option periods, with individual monthly delivery orders ranging from $77,520.90 to $95,810.51. Aseguradora Ancon, S.A. has demonstrated the capability to provide specialized insurance services to U.S. government agencies, including helicopter insurance for counter-narcotics operations.
Quick answers
Who was awarded contract 19PM0725F0256?
19PM0725F0256 was awarded to Aseguradora Ancon, S.A. by US Embassy Panama City (US Consulates and Embassies) on August 27, 2025.
How much is contract 19PM0725F0256 worth?
The government has obligated $93,400 on 19PM0725F0256.
Which agency awarded contract 19PM0725F0256?
US Embassy Panama City (US Consulates and Embassies) awarded 19PM0725F0256, with funding from Bureau of Western Hemisphere Affairs (Department of State).
Is contract 19PM0725F0256 an order under another contract?
Yes. 19PM0725F0256 is a delivery order under 19PM0724D0001, an indefinite delivery contract.
Was contract 19PM0725F0256 competed?
The extent of competition for 19PM0725F0256 was full and open competition.
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