Group life insurance june 21,2020 to september 26, 2020
Ended Awarded Last action
- Contract number
- 19RP3820F1275
- Awardee
-
Generali Life Assurance Philippines Inc. UEI K72RNFLLBEA7
- Awarding agency
-
US Embassy Manila
US Consulates and Embassies, Department of State
- Obligated
- $41,995
Award facts
- Contract value 13% obligated
- $323,294.13 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Bureau of East Asian and Pacific Affairs Department of State
- NAICS code
- 524113 Direct Life 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
- Philippines
Award details come from SAM.gov/FPDS.
About this award
The Department of State's Bureau of East Asian and Pacific Affairs awarded a fixed-price delivery order contract to Generali Life Assurance Philippines Inc., a for-profit insurance provider, to furnish group life insurance coverage for U.S. government personnel stationed in the Philippines. The contract had a potential value of $323,294.13 and a period of performance from June 21, 2020 to September 26, 2020. This delivery order was one of several awarded to Generali Life Assurance between 2019 and 2023 to provide similar services, with consistent contract values of approximately $942,330 per order. Generali Life Assurance also holds an indefinite delivery vehicle contract with the Department of State to provide ongoing group life insurance coverage in the Philippines from 2021 to 2026, with a potential total value of $1.8 million. The contracts did not use any set-aside designations, and no subcontractors were involved.
Quick answers
Who was awarded contract 19RP3820F1275?
19RP3820F1275 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on June 21, 2020.
How much is contract 19RP3820F1275 worth?
The government has obligated $41,995 on 19RP3820F1275. Its current value, with exercised options, is $323,294.
Which agency awarded contract 19RP3820F1275?
US Embassy Manila (US Consulates and Embassies) awarded 19RP3820F1275, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19RP3820F1275 an order under another contract?
Yes. 19RP3820F1275 is a delivery order under 19RP3819D0005, an indefinite delivery contract.
Was contract 19RP3820F1275 competed?
The extent of competition for 19RP3820F1275 was full and open competition.
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